06 Aug Earnings forecast bright, so footwear-seller DSW to seek stock split
DSW, the Columbus-based footwear and accessories retailer, has raised its full-year earnings forecast and will seek a 2-for-1 split of its common stock.
DSW now expects full-year earnings to be between $3.60 and $3.80 per share, up from the $3.40 to $3.50 per share announced in May.
DSW has not announced a date for shareholders to meet to consider the stock split.
In after-hours trading yesterday, DSW stock was up $1.51, or 1.9 percent, at $79.07 per share.