Brown Shoe (BWS) Tops Q1 EPS by 8c; Raises FY Outlook
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Brown Shoe Company Reports First Quarter 2015 Results
May 27, 2015 7:00 AM EDTFY15 guidance range increased to $1.84 to $1.94, reflecting strong 1Q15 earnings
ST. LOUIS--(BUSINESS WIRE)-- Brown Shoe Company (NYSE: BWS) (brownshoe.com) today reported first quarter 2015 financial results, with net sales of $602.3 million up 1.9% versus first quarter 2014 net sales of $591.2 million. First quarter 2015 net earnings of $19.3 million, or $0.44 per diluted share, were up 24.8% versus $15.4 million, or $0.35 per diluted share. Gross margin of 41.3% was up... More
