Retail Winners & Losers: DSW, Netflix

NEW YORK (TheStreet) --Retail stocks pared their losses late in the day, following earlier declines due to escalating Japan fears.

DSW(DSW) was one of the biggest decliners after the footwear retailer reported fourth-quarter earnings that fell short of Wall Street's expectations.

During the quarter, the company earned $18.5 million, or 41 cents a share, a 38% surge from $13.4 million, or 30 cents, in the year-ago period. Analysts were calling for a profit of 44 cents a share.

DSW's revenue grew 16% to $468.5 million, ahead of consensus estimates of $464.1 million. Same-store sales spiked 14.9%.

Shares of DSW tumbled 7.2% to close on Tuesday at $38.25.

Coach(COH) and Tiffany(TIF) continued on their descent, as investors worry their exposure to Japan will hurt business.

Croc's(CROX) also fell 5.2% to $17.14, as it operates a Japanese division.

Pacific Sunwear of California(PSUN) is giving up its earlier gains, after reporting a bigger-than-expected loss in its fourth quarter and issuing a disappointing first-quarter outlook.

Shares of the teen retailer were down more than 8% in after-hours activity.

Other notable decliners include American Apparel(APP), which tanked 7.9% to end the day at 93 cents, Rite Aid(RAD), which lost 4.5% to hit $1.06, Coldwater Creek(CWTR), which plunged 6% to $2.34, and Barnes & Noble(BKS), which faltered 5.3% to close at $10.11.

Still, amid the decliners there are several winners.

Williams-Sonoma(WSM) surged 10.6% to $38.70, after its fourth-quarter profit beat expectations and it raised its dividend.