Brown Shoe Gets 10% Boost At Famous Footwear
Improved quarterly results were also reported by Brown Shoe Company. The American group had an 8.6 percent sales increase for the fourth quarter ended Jan. 30 to $566.0 million, with a gross margin that jumped by 3.9 percentage points to 41.1 percent. Net earnings were $5.0 million, quite a turnaround ...
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