Footwear retailer DSW lifted its FY outlook as one-time charges offset higher sales to push it to a 13.5% decline in Q1 profit.

Footwear retailer DSW reported a 39.7% jump in Q4 profit driven by double-digit sales growth.

DSW has lifted its full-year earnings guidance despite booking a 6.7% fall in third-quarter net profits.

Footwear retailer DSW has acquired 810 AC, which owns the company’s corporate headquarters and its 700,000 sq ft distribution centre in Columbus for $72m.

Footwear and accessories retailer DSW saw its Q2 net income plummet, but said that the results exceeded expectations.

Shares in footwear retailer DSW Inc have fallen by more than 10% after the company said its second-quarter earnings are likely to miss investors’ expectations.

DSW Inc has raised its FY earnings guidance after getting off to a strong start to the year with double-digit sales and profit growth.

Strong sales across all categories and geographic regions have lifted footwear retailer DSW Inc to a “solid” fourth quarter and a “very strong” full year.

DSW has revealed plans to accelerate its growth, with between 35 and 40 stores scheduled to open in 2012.

Footwear and accessories retailer DSW posted a double-digit increase in adjusted third quarter profit, boosted by strong performances by women’s boots and men’s footwear.