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COLUMBUS, Ohio, Aug. 26, 2014 /PRNewswire/ DSW Inc. (DSW), a leading branded footwear and accessories retailer, announced financial results for the thirteen
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Mike MacDonald, President and
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"We continued to make progress in our omni channel initiative.
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Second Quarter Operating Results

Reported sales
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Adjusted sales increased 5.2% to $587 million compared to last year’s second quarter sales of $558 million, which excluded sales from the Company’s luxury test. For the thirteen week period ended August 2, 2014, comparable sales increased
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Reported net income was $34.3 million, or $0.38 per diluted share on 91 million weighted average shares outstanding, which includes an after tax gain related
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Adjusted net income was $33.6 million, or $0.37 per diluted share on 91 million weighted average shares outstanding. This compares to net income, adjusted
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Six Months Ended August 2, 2014 Operating Results

Reported sales increased
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Adjusted sales increased 2.7% to $1.19 billion compared to last year’s sales of $1.15
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For the twenty six week period
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Reported net income was $73.0
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Om Schoenen Running Schoenen 2012 Nike Free Run 2 Light Grey Green Men Te Koop Met Gratis Verzending En Grootste Korting share, from our luxury test, and a net after tax charge of $9.3 million, or $0.10 per share, from the termination of the pension
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Adjusted net income was $72.2 million, or $0.79 per diluted share, on 92 million weighted average shares outstanding. This
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Second Quarter Balance Sheet Highlights

Cash, short term and long term investments totaled $465 million
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Inventories were at
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Regular DividendOn August 19, 2014, DSW’s Board
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Fiscal 2014
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About DSW Inc.

DSW Inc.

Non GAAP MeasuresThe
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