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DSW Inc announces Q2 & July sales results

Aug '05
Ohio based branded footwear retailer DSW Inc reported net sales of $276.2 million for the thirteen-week period ending July 30, 2005, a 17.8 percent increase over last year's net sales of $234.4 for the thirteen-week period ending July 31, 2004. Second quarter comparable store sales increased 3.3 percent over the same period last year.

Total sales for the four-week period ended July 30, 2005 increased 15.3 percent to $69.4 million versus $60.2 million last year. Comparable store sales increased 1.5 percent for the four-week period.

Year-to-date, sales increased 19.5 percent to $558.0 million compared to last year's $467.0 million. Comparable store sales increased 3.9 percent over last year.

The Company anticipates reporting second quarter earnings results in early September at a date to be announced. Management will conduct a conference call to discuss the Company's performance the same day.

US based DSW Inc is operating 185 DSW stores in 32 states and also supplies, under supply arrangements, to 25 locations for related retailers and to 207 locations for other non-related retailers in the United States.


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