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DSW’s Same-Store Sales Up

Estimates annual comparable store sales increase of 6 to 8 percent

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DSW Inc. (Columbus, Ohio) reported net income of $30.2 million on net sales of $449.5 million for the first quarter ended May 1, 2010. Same store sales rose 16.2 percent versus a 4.7 percent drop last year.

The branded footwear specialty retailer operates 311 stores in 39 states and also supplies footwear to 355 leased locations in the U.S.
 

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