8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 26, 2007 (October 26, 2007)

DSW Inc.

(Exact name of registrant as specified in its charter)

Ohio	001-32545	31-0746639
(State or other jurisdiction of incorporation)	(Commission File Number)	( IRS Employer Identification No.)

810 DSW Drive, Columbus, Ohio	43219
(Address of principal executive offices)	(Zip Code)

(614) 237-7100
(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	ITEM 7.01 Regulation FD Disclosure.
	ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Signature
EX-99.1

ITEM 7.01 Regulation FD Disclosure.

     On October 26, 2007, the Company issued a press release regarding its fiscal 2007 outlook. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated by reference herein.

     Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information in this Item 7.01 is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Furthermore, the information in this Item 7.01 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

     (d) Exhibits.

Exhibit Number	Description
99.1	Press Release dated October 26, 2007

Signature

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DSW Inc.
By:	/s/ Douglas J. Probst
	Douglas J. Probst
	Executive Vice President, Chief Financial Officer and Treasurer

Date: October 26, 2007

EX-99.1

Exhibit 99.1

For Release at 8:00 AM Eastern on Friday, October 26, 2007

DSW INC. REVISES 2007 OUTLOOK

COLUMBUS, Ohio, October 26, 2007/PRNewswire/ – DSW Inc. (NYSE: DSW), a leading branded footwear specialty retailer, today announced that, based on net sales results for the 11 weeks ended October 20, 2007, the Company estimates a mid-single-digit decline in comparable store sales for the third quarter ending November 3, 2007. As a result, annual comparable store sales are now estimated to be in the range of flat to down 2% for fiscal 2007, below the Company’s previously announced estimate for comparable store sales of flat to up 3%.

DSW plans to report comparable store sales for the third quarter before the opening of trading on the New York Stock Exchange on Thursday, November 8, 2007.

Based on current business trends, estimated annual 2007 earnings are now expected to be at least 10% below last year’s reported diluted earnings per share of $1.48, below the Company’s previously announced estimate for diluted earnings per share of $1.63 to $1.68.

The Company is maintaining its plans to open at least 35 new DSW stores during the year and remains committed to making investments in future growth initiatives throughout the balance of fiscal 2007.

About DSW Inc.

DSW Inc., headquartered in Columbus, Ohio, is a leading U.S. branded footwear specialty retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear for women and men. As of October 20, 2007 DSW operated 248 stores in 36 states and supplied footwear to 370 leased locations (35 for related retailers and 335 for non-related retailers) in the United States. For store locations and additional information about DSW, visit www.DSWshoes.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Any statements in this release that are not historical facts, including the statements made in our “2007 Outlook,” are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These factors include, but are not limited to: our success in opening and operating new stores on a timely and profitable basis; maintaining good relationships with our vendors; our ability to anticipate and respond to fashion trends; fluctuation of our comparable store sales and quarterly financial performance; disruption of our distribution operations; our dependence on Retail Ventures, Inc. for key services; failure to retain our key executives or attract qualified new personnel; our competitiveness with respect to style, price, brand availability and customer service; declining general economic conditions; risks inherent to international trade with countries that are major manufacturers of footwear; and security risks related to our electronic processing and transmission of confidential customer information. Additional factors that could cause our actual results to differ materially from our expectations are described in the Company’s latest annual or quarterly report, as filed with the SEC. Any forward-looking statement speaks only as of the date on which such statement is made. The Company undertakes no obligation to revise the forward-looking statements included in this press release to reflect any future events or circumstances.

Contact:  DSW Investor Relations, 614-872-1474      Source:  DSW Inc.