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Hot Growth Special Report 2006 >

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DSW (DSW)

As the Brit comedy Absolutely Fabulous purports, "You can never have enough hats, gloves, and shoes." Footware retailer DSW believes the show's hosts have got it one-third right. Each of its 199 stores typically has more 30,000 pairs of shoes in stock and 300 different brands, from couture designers to everyday names like Nine West, Cole Haan, and Timberland. DSW is also a go-to destination for savvy shoppers looking for a good bargain, and its loyalty program keeps them coming back. With that combination of selection and value, sales jumped 19% to $1.14 billion in fiscal 2006, which ended Jan. 28. The Columbus-based retailer is on track to open another 30 stores this year, mainly in markets where it already has a presence, which should help earnings per share rise 22% from $1.02 to $1.24. With the stock up 71% since its IPO in June 2005, investors can't have enough of DSW either.

Company Info

2005 Rank

NR

Market Value*
($ Millions)

1,373.9

Sales*
($ Millions)

1,144.1

Sales Growth
(3-yr. avg. annual)

21.1 %

Profits*
($ Millions)

37.2

Profit Growth
(3-yr. avg. annual)

72.4 %

Return on Inv. Capital (3-yr.)

11.8 %

Share Price
12-Mo. Hi/Lo

33/18

Share Price
As of 4/28/06

31

Return on Equity

12.2 %

P/E Ratio

31

No. of Employees

4,950

Industry Apparel Retail
CURRENT
MARKET INFO

DSW >

COMPANY WEB SITE >
Location Columbus, Ohio
Phone 614 237-7100
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat

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Company Snapshot

DSW Inc. operates as a branded footwear retailer in the U.S. It offers a selection of brand name and designer dress, casual, and athletic footwear for women and men. The company also offers a complementary selection of handbags, hosiery, and other accessories at its stores. As of Mar. 28, DSW operated 200 stores in 32 states, as well as supplied to 25 locations for related retailers and to 213 locations for other nonrelated retailers in the U.S. It also operates leased shoe departments for three nonaffiliated retailers and one affiliated retailer. DSW was incorporated in 1969. It was formerly known as Shonac Corp. and changed its name to DSW Inc. in 2005. The company has its headquarters in Columbus, Ohio. DSW is a subsidiary of Retail Ventures.


Data provided by Capital IQ
 
Jay Schottenstein

Jay Schottenstein, 51

Chairman and Chief Executive Officer


Total Compensation*

$ 226,146

Total Options Value*

$ 0

* Fiscal Year 2005


Executive Bio

Jay Schottenstein has been CEO and chairman of DSW since March, 2005. Schottenstein served as CEO of American Eagle Outfitters from March, 1992, until December, 2002. Prior to that time, he served as vice-president of American Eagle Outfitters' predecessors since 1980. He was CEO of Retail Ventures from April, 1991, to July, 1997, and from July, 1999, to December, 2000. Schottenstein has been chairman of American Eagle Outfitters since March, 1992. He has also served as chairman and CEO of Schottenstein Stores, a privately held company with interests in retailing, real estate, and manufacturing, since March, 1992. Schottenstein served as CEO of VCD from April, 1991, to July, 1997, and from July, 1999, to December, 2000. He served SSC as the president of the Furniture Div. from 1985 through June, 1993 and in various other executive capacities since 1976. He has also served as an officer of various other corporations owned or controlled by members of his family since 1976. Schottenstein has been chairman of Retail Ventures (formerly Value City Department Stores) since March, 1992, and a director since June, 1991. Schottenstein served as co-chairman and director of the board of BPP Liquidating Trust (formerly Burnham Pacific Properties Inc.) since September, 2000. He served as vice-chairman of SSC from 1986 until March, 1992, and as a director of SSC since 1982. He has been a director of DSW since March, 2005. He serves as a director of American Eagle Outfitters.


Management Team

Key Executives

Jay Schottenstein; Kevin M. Lonergan; William Jordan; Derek Ungless; Douglas J. Probst; Steven E. Miller; Timothy McDougall; Kathleen C. Maurer; Peter Z. Horvath; Deborah L. Ferre

Board Directors

Heywood Wilansky; Jay Schottenstein; Allan J. Tanenbaum; Harvey L. Sonnenberg; Philip B. Miller; James D. Robbins; Carolee Friedlander


Executive Data provided by Capital IQ