Finance topics

January 14, 2010

Strong sales for Brown Shoe

Filed under: economics — Tags: , — Gogo @ 3:24 pm

Brown Shoe Co. saw strong sales in most of its operations during the holiday season, the Clayton-based shoe retailer reported Monday.

Same-stores sales at its Famous Footwear division increased 7 percent in the nine weeks ended January 2.

Comparable sales rose 7.3 percent in the third quarter ended Oct. 31. Same-store sales for its speciality retail division also increased 4.9 percent in that same time period, versus 1.4 percent growth in the third quarter.

Both figures exceeded expectations, the company said. However, Brown didn’t release figures for wholesale operations.

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