DSW Inc. saw net sales for the quarter ended Jan. 31, 2009 increase 4.7% to $348.2 million compared with $332.5 million for the quarter ended Feb. 2, 2008. Same store sales decreased 7.2% for the comparable period versus a decrease of 1.7% last year.


Net sales for the year-to-date period ended Jan. 31, 2009 increased 4.1% to $1.46 billion compared with $1.41 billion for the year-to-date period ended Feb. 2, 2008. Same store sales decreased 5.9% for the comparable period versus a decrease of 0.8% last year.

The company opened 41 DSW stores during the 2008 fiscal year.


For the fiscal year ending Jan. 31, 2009, DSW Inc. reiterated its guidance of estimated annual diluted earnings per share in the range of 62 cents to 72 cents.