Brown Shoe Co., Inc. (BWS) Tops Q4 EPS by 4c; Guides Fy14
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Financial Fact:
Income tax benefit (provision): -17.6M
Today's EPS Names:
CWD, VUZI, INSE, More
Financial Fact:
Income tax benefit (provision): -17.6M
Today's EPS Names:
CWD, VUZI, INSE, More
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Brown Shoe Co., Inc. (NYSE: BWS) reported Q4 EPS of $0.14, $0.04 better than the analyst estimate of $0.10. Revenue for the quarter came in at $600 million versus the consensus estimate of $621.15 million.
Famous Footwear fourth quarter 2013 sales of $347.4 million were down 8.6% year-over-year, with same-store-sales(1) down 1.8%. Performance in the quarter was impacted by severe winter weather, which hurt running shoe sales while helping to drive boot sales. During the quarter, 13 stores were closed or relocated and nine new stores were added.
Sees FY2014 EPS of $1.45-$1.55, versus the consensus of $1.61. Also sees FY2014 revenue of $2.58-2.60 billion, versus the consensus of $2.61 billion. Expects comps up in low-single-digit range.
For earnings history and earnings-related data on Brown Shoe Co., Inc. (BWS) click here.
Famous Footwear fourth quarter 2013 sales of $347.4 million were down 8.6% year-over-year, with same-store-sales(1) down 1.8%. Performance in the quarter was impacted by severe winter weather, which hurt running shoe sales while helping to drive boot sales. During the quarter, 13 stores were closed or relocated and nine new stores were added.
Sees FY2014 EPS of $1.45-$1.55, versus the consensus of $1.61. Also sees FY2014 revenue of $2.58-2.60 billion, versus the consensus of $2.61 billion. Expects comps up in low-single-digit range.
For earnings history and earnings-related data on Brown Shoe Co., Inc. (BWS) click here.
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