DSW returns to Q4 comparable sales growth of 1.3 percent

DSW Inc. said that the total company revenues hit a new high of 2.8 billion dollars, a rise of 3.3 percent during the year with renewed momentum in the core business, with footwear posting positive comparable sales for three quarters in a row. Comparable sales decreased 0.4 percent compared to last year's 3 percent decrease. Fourth quarter sales increased 6.7 percent to 720 million dollars, including 35.6 million dollars from the extra week. For the thirteen-week period, comparable sales increased 1.3 percent compared to last year's 7 percent decrease.