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Footwear retailer DSW Inc Q3 net sales gain 15%

07 Dec '05
3 min read

After adjusting for the dividend interest, the data theft accrual, and the significant increase in shares as a result of the initial public offering, pro forma net income for the nine months was $35.0 million, or $0.79 per share, compared with $26.2 million, or $0.59 per share, for the nine-month period last year.

DSW opened 13 stores and added four leased shoe departments during the third quarter of 2005.

As of October 29, 2005, the Company operated 197 DSW stores and 236 leased shoe departments.

Since that date, the Company has opened one additional store and added two more leased shoe departments.

DSW Inc headquartered in Columbus, Ohio, is a leading US specialty branded footwear retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear for women and men.

DSW currently operates 198 stores in 32 states and also supplies footwear to 25 locations for related retailers and to 213 locations for other non-related retailers in the United States.

DSW Inc

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