- Brown Shoe Company (BWS) reports a 1.8% dip in same-store sales during FQ4 at its Famous Footwear chain. Boot sales were strong while demand for running shoes suffered from the heavy mix of winter weather.
- The company's gross profit rate improved 20 bps to 40.2% during the period.
- Inventory ended the quarter 8.7% higher Y/Y to $504M.
at MarketWatch.com (Oct 1, 2014)