Brown Shoe (BWS) Tops Q1 EPS by 8c; Raises FY Outlook

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Sterne Agee CRT Reiterates Buy Following Brown Shoe (BWS) 1Q Results

May 28, 2015 9:42 AM EDT

Sterne Agee CRT reiterates a Buy rating and $37 price target on Brown Shoe Co. (NYSE: BWS) following 1Q15 results. BWS reported EPS of $0.44 versus $0.31 estimates. Consolidated revenue was $602M, compared to $584M estimate. FY15 EPS is now guided to be $1.84-$1.94, versus prior guidance of... More