Shoe retailer DSW's stock plunges after full-year adjusted profit misses
Shares of DSW Inc. DSW, -0.16% plunged 8.7% in premarket trade Tuesday, after the discount footwear retailer reported full-year earnings that missed expectations, while fiscal fourth-quarter revenue beat. The company swung to a net loss for the quarter to Feb. 2 of $45.7 million, or 58 cents a share, from a profit of $12.0 million, or 15 cents a share, in the year-ago period.
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