DSW, Inc. Second Quarter Earnings Sneak Peek

DSW, Inc. (NYSE:DSW) will unveil its latest earnings on Tuesday, August 30, 2011. DSW Inc. is a branded footwear specialty retailer in the U.S.

DSW, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 62 cents per share, a rise of 19.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 61 cents. Between one and three months ago, the average estimate was unchanged, but has risen during the last month. For the year, analysts are projecting profit of $2.80 per share, a rise of 16.7% from last year.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the first quarter, it reported net income of 85 cents per share against a mean estimate of profit of 75 cents per share. In the fourth quarter of the last fiscal year, it missed forecasts by 3 cents.

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Wall St. Revenue Expectations: On average, analysts predict $458.3 million in revenue this quarter, a rise of 10.4% from the year ago quarter. Analysts are forecasting total revenue of $2 billion for the year, a rise of 9.9% from last year’s revenue of $1.82 billion.

Analyst Ratings: Analysts are bullish on this stock with 10 analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 12.7%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 16.3% from the year earlier quarter.

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 27.2% while it rose 37.9% in the fourth quarter of the last fiscal year and 33.4% in the third quarter of the last fiscal year.

Competitors to Watch: Collective Brands Inc. (NYSE:PSS), Genesco Inc. (NYSE:GCO), Foot Locker, Inc. (NYSE:FL), Shoe Carnival, Inc. (NASDAQ:SCVL), Bakers Footwear Group Inc (BKRS), The Finish Line, Inc. (NASDAQ:FINL), J.C. Penney (NYSE:JCP), Nordstrom (NYSE:JWN) and Prima Moda S.A. (NYSE:PMA).

Stock Price Performance: During July 27, 2011 to August 24, 2011, the stock price had dropped $10.31 (-19.5%) from $52.91 to $42.60. The stock price saw one of its best stretches over the last year between October 28, 2010 and November 8, 2010 when shares rose for eight-straight days, rising 15.7% (+$5.20) over that span. It saw one of its worst periods between May 27, 2011 and June 6, 2011 when shares fell for six-straight days, falling 11.2% (-$5.76) over that span. Shares are up $3.50 (+9%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

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