US branded footwear retailer DSW Inc. has reported net income of $10 million on net sales of $283.8 million for the fiscal fourth quarter ended January 28, compared with $8.8 million on net sales of $231.7 million for the same period in 2005.

For the fiscal year ended January 28, net income was $37.2 million on net sales of $1.14 billion, compared with net income of $35 million on net sales of $961.1 million for the same period last year.

As of January 28, the company operated 199 DSW stores and 238 leased shoe departments. Since that date, the company has opened four additional stores and added three leased shoe departments.

DSW, headquartered in Columbus, Ohio, offers a selection of brand name and designer dress, casual and athletic footwear for men and women.