Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
American Eagle Outfitters, Inc. (AEO) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
American Eagle Outfitters, Inc. (AEO) - free report >>
Image: Bigstock
DSW to Open New Store in Chino, Approaching 500 Mark
Footwear and accessories retailer, DSW Inc. is expanding its store base rapidly. The company has announced plans to open a new store in Chino, CA on Sep 22, 2016.
Of late, DSW has been spreading its reach in the U.S. through the inauguration of stores under the company's expansion strategy. These store launches reflect the company’s commitment toward expanding its network to drive revenues higher in the coming quarters.
The new store at Chino will spread across a sprawling area of 18,000 square feet and accommodate 22,000 pairs of shoes on display for men, women and kids, along with handbags and accessories like jewelry, scarves and fashion socks, etc.
DSW INC CL-A Price
DSW INC CL-A Price | DSW INC CL-A Quote
In Aug 2016, the company announced its intention to open 21 new stores between August and October. Under this plan, the company has already announced the opening of DSW store at Silverdale, WA, Salinas, CA, White Marsh, MD, Warren, MI, Katy, TX, Holland, OH and Albuquerque, NM.
DSW will have 490 stores in 43 states effective Sep 22, 2016. The company also supplies footwear to 385 locations in the U.S. Given the impressive pace at which the company is expanding store base, it is expected to reach the 500 mark soon. In fiscal 2015, the company added 40 new stores in the U.S.
Recently, the company reported its second-quarter fiscal 2016 results, wherein earnings of 35 cents surpassed the Zacks Consensus Estimate of 29 cents.
Zacks Rank & Stocks to Consider
DSW currently has a Zacks Rank #3 (Hold). Some stocks that warrant a look in this sector are American Eagle Outfitters, Inc. (AEO - Free Report) , The Children's Place, Inc. (PLCE - Free Report) and Urban Outfitters Inc. (URBN - Free Report) . Each of these stocks sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>