Dsw Sales Are Up But Profits Are Down
For the third quarter ended Nov. 1, another American shoe retailer, DSW, had a 6.5 percent increase in net sales to $391.4 million, but its net income dropped by 41.3 percent to $13.2 million. Its gross profit margin for the period fell by 1.1 percentage point to 27.9 percent. Comparable ...
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