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Business

DSW says sales were strog in fourth quarter

| Wednesday, March 16, 2011

Shoe seller DSW Inc. said Tuesday its net income rose 38 percent in the fourth quarter on strong sales.

Net income rose to $18.5 million, or 41 cents per share, in the three months ended Jan. 29 from $13.4 million, or 30 cents per share, a year ago.

Revenue rose 16 percent to $468.5 million from $402.6 million a year ago.

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