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Actionable news in DSW: DSW INC CLASS A,

DSW Stock Closed Higher Ahead of Tuesday’s Q1 Earnings

NEW YORK (TheStreet) -- Shares of DSW (DSW) closed up by 1.73% to $21.73 on heavy trading volume on Monday, ahead of the footwear retailer's 2016 first quarter results, due out before tomorrow's opening bell.

Wall Street is expecting the Columbus, OH-based company to report earnings of 46 cents per share on revenue of $699.6 million.

During the same period last year, DSW posted earnings of 51 cents per share on revenue of $655.5 million.

MKM Partners maintained its "neutral" rating and $24 price target on the stock ahead of the results.

"Visibility is not great, and we believe some of the same forces that have hurt performance across the department store space and beyond also hurt DSW in the quarter," the firm wrote in a note earlier today.

"But we are not expecting a huge miss...


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