Hedgeye Retail: $DSW, $BWS Earnings Wildly Out Of Synch

DSW and BWS Earnings

TAKEAWAY FROM HEDGEYE’S BRIAN MCGOUGH:

One company missed by 13%, the other beat by 13%.  One comped down 3.7%, and the other comped up 1.3%. One guided up. The other guided down. One blamed weather. The other did not. One SIGMA improved, the other eroded. All else equal, we'd bet that 9 out of 10 people would say that that the company that surprised on the upside is DSW, and the loser is Brown Shoe. But today, they'd be wrong.

*     *     *     *     *     *

Editor's Note: This is a research excerpt from Hedgeye Retail Sector Head Brian McGough. Follow Brian on Twitter @HedgeyeRetail. 

Subscribe to Hedgeye.