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DSW profit triples

8/31/2010

Columbus, Ohio DSW reported Tuesday its second-quarter profit more than tripled as revenue rose 12%. The results beat analysts' expectations.

For the three months ended July 31, DSW said net income rose to $23.5 million, from $7.6 million a year ago.

Revenue rose to $415.1 million from $369.5 million last year, nearly matching analyst expectations of $415.5 million.

Same-store sales rose 12%.

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