DSW Inc. estimates annual comparable store sales of approximately 3% and annual diluted earnings per share of $1.15 to $1.25 for fiscal 2009. This is updated from the company's previous estimate of annual comparable store sales of approximately 1% and annual diluted earnings per share of 90 cents to $1.00 for fiscal 2009. The increase in estimates is the result of better-than-expected sales performance and margin improvement for the fourth quarter.
