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Article Date: August 2018
Word Count: 581

DSW Shows Strong Comps, Margin Gains in Q2


The net result was a loss of $38,356,000 against income of $28,677,000 for the second quarter ended Aug. 4, following pre-tax charges totaling $105,664,000 related to restructuring and consolidating its investment in its Canadian operation and its exit from eBuys. However, sales in its core U.S. retail business expanded 9.7% on a comp store basis and total sales improved 16% to $793,735,000 from $681,721,000 with the U.S. retail segment up 10% to $691,757,000 from $629,691,000 and the Canadian operation chipping in $72,532,000. Other sales related to its leased department business were down 43% to $29,446,000 from $52,030,000 because of the ... Log in to view full article.

 


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