Good Back-to-school Business Fuels Brown Shoe’S Results

The American company’s total revenues grew by 9.6 percent to $676.8 million in the 3rd quarter ended Oct. 28, driven in part by strong back-to-school sales at Famous Footwear. The gross margin expanded by 110 basis points to 39.9 percent, mainly due to lower mark-downs at Famous Footwear and greatly ...

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