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EVP and CFO of DSW Inc. Douglas J. Probst Sold 28,347 Shares

July 12, 2013 | About:

DSW Inc. was incorporated in the state of Ohio on Jan. 20, 1969 and opened its first DSW store in Dublin, Ohio in July 1991. The store offers a selection of shoes and accessories to fashion-conscious men and women. DSW Inc has a market cap of $3.55 billion; its shares were traded at around $79.13 with a P/E ratio of 25.50 and P/S ratio of 1.60. The dividend yield of DSW Inc. stocks is 1.00%. DSW Inc. had an annual average earnings growth of 36.8% over the past five years.

EVP and CFO of DSW Inc. (NYSE:DSW) Douglas J. Probst sold 28,347 shares on July 10, 2013 at an average price of $78.26. The total transaction amount was $2,218,436.

In March 2005, Douglas J. Probst joined DSW Inc. Currently, he serves as the company’s executive vice president and chief financial officer. Before coming to DSW, Probst served as various positions at Tween Brands such as vice president of finance and controller, vice president finance, and vice president financial analysis and store control.

Also, EVP and CFO Douglas Probst and other officers and directors together sold a total of 60,535 DSW stock in March, April and July.


GuruFocus Guru Meridian Funds, who has kept their position in DSW unchanged or slightly adjusted, owns 481,000 shares of stock as of March 31, 2013.

DSW Inc. announced their 2013 first quarter financial results. The company reported net income of $34.5 million and revenues of $601.4 million.

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