News

Brown Shoe to reduce store expansion plan

27/11/2008

The Brown Shoe Company has reported results for the third quarter of 2008, with an end-date of November 1.Net sales in the third quarter decreased 2.2% to $631.7 million compared to $645.5 million in the same quarter last year. Earnings decreased to $10.4 million.Chairman and chief executive, Ron Fromm, stated: “While the third quarter began as...

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