Brown Shoe Co Inc

 

With unemployment hovering around 10%, who can blame consumers for holding off on making non-essential purchases? While this unwillingness to spend has had an adverse effect on the overall retail sales trend and is expected to continue doing so, for those purveyors of items that clearly fall into the necessities category, like shoes, sales have been moving along at a better-than-expected pace. That's the obvious takeaway from the recent quarterly results reported by major shoe retailers like Brown Shoes  

March 11, 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value. The four highlighted picks are: Brown Shoe Inc. ( BWS - Snapshot Report ), 3M Co. ( MMM - Analyst Report ), Cracker Barrel Old Country Store ( CBRL - Snapshot Report ) and Brinker International Inc. ( EA  

Brown Shoe Inc. ( BWS - Snapshot Report ) just topped Wall Street's estimates, sending shares to 52-week highs. Brown Shoe has more than 1,100 shoe stores world wide and another 300 specialty retail locations. Brands include Dr. Scholl's, Famous Footwear and others.  

ST. LOUIS , March 4 /PRNewswire-FirstCall/ -- The Board of Directors of Brown Shoe Company, Inc. (NYSE: BWS) declared a quarterly dividend of $0.07 cents per share, payable April 1, 2010 to shareholders of record on March 19, 2010 . This dividend will be the 349th consecutive quarterly dividend paid by the company. Brown Shoe is a $2.2 billion footwear company with global operations.  Brown Shoe's Retail division operates Famous Footwear, the more than 1,100-store chain that sell  

ST. LOUIS , March 4 /PRNewswire-FirstCall/ -- Brown Shoe Company, Inc. (NYSE: BWS, www.brownshoe.com ) blends beautiful design, premium comfort and eco-friendly materials with the global introduction of Naya® women's footwear. "From talking to consumers we know that, now more than ever, people are making purchasing decisions, including fashion and footwear, to enhance their well-being and the well-being of our planet.  We also know that style and comfort are key attributes women dem  

Brown Shoe Co., Inc. (BWS: News ), a retailer and wholesaler of footwear, Wednesday reported a profit for the fourth quarter of fiscal 2009, compared with a loss last year, which included significant impairment and restructuring charges. On an adjusted basis, the company's earnings per share topped analysts' forecast. Brown Shoe also provided first quarter and fiscal 2010 sales growth outlook.

Fresh, on-trend product that provided excitement for shoppers, strong inventory management, and more full-priced selling led to a 390 basis point increase in our gross profit rate in the quarter   -Ron Fromm