DSW recent pullback a buying opportunity, says Citigroup Citigroup views DWS as a "compelling growth story at a cheap valuation" following the 31% pullback in shares since November 2013. Citi views the sell-off as overdone after meeting with management and keeps a Buy rating on the stock.
DSW sees FY15 EPS $1.80-$1.90, consensus $1.90 Sees FY15 revenue growth of 7%-8%, consensus $2.64B. Sees FY15 comparable sales growth in low to mid-single digit range. The company expects to open 35 new stores, including 8-10 small format stores. Sees FY15 tax rate of 39%.