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DSW reports Q1 revs below consensus; issues FY09 guidance below consensus

Briefing.com
Posted: 2008-05-08 08:11:09
Co reports Q1 revs of $366.3 mln vs $380.34 mln First Call consensus. Sees FY09 $0.75-0.85 vs $0.99 First Call consensus. Co estimates annual comparable store sales to be in the negative mid-single digits. This outlook is updated from the co's previously announced guidance, issued on March 27, 2008, of negative comparable store sales for the first half of fiscal 2008 and earnings per diluted share for the first half of fiscal 2008 significantly below the $0.68 per diluted share reported for the first half of fiscal 2007. 

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