Thursday, March 27, 2008

DSW misses by 4 cents, cautious on coming year

Given the current economic uncertainty, at this time the Company will not provide full-year guidance for 2008. For the first half of 2008, comparable store sales are anticipated to be negative and earnings per diluted share are anticipated to be significantly below the $0.68 per diluted share reported for the first half of last year. The Company maintains its plans to open at least 30 DSW stores during the year and to launch its online business, DSW.com.

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