Brown Shoe Company Q4 Profit Rises - Quick Facts

(RTTNews) - Brown Shoe Company (BWS) reported fourth-quarter net income to company of $16.24 million or $0.37 per share, compared to $6.16 million or $0.14 per share, prior year. Adjusted net earnings were $9.0 million, or $0.20 per share, for the quarter. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.16 for the quarter. Analysts' estimates typically exclude special items. Net sales increased to $615.39 million from $599.96 million last year. Analysts expected revenue of $626.00 million for the quarter. For the quarter, same-store-sales were up 4.0%, with performance driven by continued steady improvement in athletics and good performance in boots.

For 2015, the company expects: consolidated net sales in the range of $2.61 billion to $2.63 billion; and earnings per share in the range of $1.78 to $1.88. Analysts expect the company to report 2015 earnings per share of $1.93 on revenue of $2.67 billion.