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DSW Stock Gains on Q2 Beat

NEW YORK (TheStreet) -- Shares of DSW (DSW) were increasing in pre-market trading on Tuesday as the Columbus, OH-based footwear, handbag and accessories retailer posted better-than-expected 2016 second quarter results.

Before today's opening bell, DSW reported adjusted earnings of 35 cents per share, surpassing analysts' projected 30 cents per share.

Revenue rose 5.1% year-over-year to $659 million, beating Wall Street's expectations of $658 million. Comparable store-sales fell 1.2% during the second quarter.

In the 2015 second quarter, DSW earned 42 cents per share and $627.21 million in revenue.

DSW reiterated its full-year...


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