DSW 2Q Profit Up 68%

Columbus, Ohio DSW Inc. said Thursday its second-quarter profit jumped 68% despite a drop in same-store sales.

DSW said it earned $11 million in the quarter ended Aug. 2, compared with profit of $6.5 million in the corresponding quarter a year earlier.

Net sales rose to $357.2 million from $348.7 million.

Meanwhile, same-store sales fell 6.9% in the quarter.