DSW - Comp Growth And Camuto Acquisition Create A New DSW
DSW (DSW) has been among the least interesting footwear retailers in the past several years. Comps at the company have fluctuated between negative 3% and positive 1%, and the company has made mostly mediocre acquisitions.
A new DSW appears to be upon us with comps up 6.3% YTD and two acquisitions that look relatively interesting. However, DSW has not established a track record of execution, and I think the decision to bet on a turnaround at Camuto could be a bit risky. Still, with comps up and cash flow strong, shares look somewhat