Hot Electric Utility Companies For 2015

Hot Electric Utility Companies For 2015: DSW Inc (DSW)

DSW Inc. (DSW), incorporated on January 20, 1969, is a United States branded footwear and accessories specialty retailer operating 326 shoe stores in 40 states as of January 28, 2012, and dsw.com. DSW has two segments: the DSW segment, which includes the DSW stores and dsw.com sales channels, and the leased business division segment. As of January 28, 2012, it operated 326 DSW stores, dsw.com and leased departments in 261 Stein Mart stores, 74 Gordmans stores and one Frugal Fannies store. During the fiscal year ended January 28, 2012 (fiscal 2011), DSW opened 17DSW stores and closed two DSW stores. On May 26, 2011, Retail Ventures, Inc. (RVI) merged with and into DSW MS LLC (Merger Sub), with Merger Sub surviving the Merger and continuing as a wholly owned subsidiary of DSW. In March 2012, the Company announced the opening of its store on 34th Street in Manhattan. In September 2013, DSW Inc announced the opening of a new store in Eatontown, NJ. In October 2013, DSW Inc announced the opening of two new stores in New York City. In October 2013, DSW Inc announced the opening of a new store in Greenville, SC.

The Company offers an assortment of brand name and designer dress, casual and athletic footwear for women and men, as well as accessories through its DSW stores and dsw.com. It also offers kids' shoes exclusively on dsw.com. The Company leases stores, distribution and fulfillment centers and office facilities under various arrangements with related and unrelated parties. DSW also operates leased departments for three retailers in its leased business division segment. As of January 28, 2012, DSW supplied merchandise to 261 Stein Mart stores, 74 Gordmans stores and one Frugal Fannies store. During fiscal 2011, DSW added 20 leased departments and ceased operations in 36 leased departments.

Advisors' Opinion:

• [By Jake L'Ecuyer]

  DSW (NYSE: DSW) shares tumbled 5.45 percent to $44.65 after the! company reported weak Q3 revenue.

  21Vianet Group (NASDAQ: VNET) was down, falling 7.66 percent to $16.99 after the company reported its unaudited Q3 financial results. Pacific Crest downgraded the stock from Outperform to Sector Perform.

• [By Paul Ausick]

  Big earnings movers: Tiffany & Co. (NYSE: TIF) reported better-than-expected earnings and revenues and raised its guidance slightly, but even posting a new 52-week high early could hold the stock from dropping about 1.3% today. Brown Shoe Co. Inc. (NYSE: BWS) also posted good earnings, but followed with slightly lower EPS guidance and the stock lost about 9%, trading around $21.60 in a 52-week range of $13.68 to $24.78. Another footwear maker, DSW Inc. (NYSE: DSW) put up good results and raised its guidance as well, sending shares up more than 9% to a new 52-week high of $88.73 in the mid-morning.

• [By Mike Deane]

  Before the opening bell on Tuesday morning, DSW Inc. (DSW) reported its fourth quarter earnings and announced a raise to its quarterly dividend.

  DSW’s Earnings in Brief

  DSW’s Q4 period from fiscal 2012 contained 14 weeks, so it does not necessarily compare to fiscal 2013′s Q4′s 13-week period; however, when adjusting for the extra week, DSW’s sales for the comparable 13-week period are flat year over year at $572 million. Net income for the quarter came in at $28.1 million, or 30 cents per share, but on an adjusted basis, the figure comes in at $28.8 million, or 31 cents per share. DSW managed to beat EPS estimates of 29 cents, but came in below revenue views of $590.23 million. For FY2014, DSW sees its EPS in the range of $1.80 to $1.95, which is in-line with analysts’ views of $1.86.

  CEO Commentary

  DSW’spresident and CEO, Mike MacDonald, made the following comments: “We marked our fifth consecutive year of double digit earnings growth in 2013, with Adjusted earnings per share of $1.88 compared to the prior y! ear’! ;s results of $1.67. Effective inventory management and our new systems enabled us to expand full year merchandise margin to 45.1%, which is just 10 bps shy of our record margin in 2011. We were also able to improve on our SG&A rate by 80 bps to 20.4%, which led to our highest ever operating margin of 11.7%.We have updated our store build out potential for full size units to a range of 500 to 550 stores …”

  DSW Raises Dividend by 50%

  DSW’s board of directors increased the company’s quarterly dividend payout to 12.75 cents to 18.75 cents, making for an annualized payout of 75 cents.The dividend will be paid on April15 to all shareholders on record as of April4.

  Stock Performance

  DSW stock was inactive in pre-market trading. YTD, the stock is down 7.22%.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-electric-utility-companies-for-2015.html