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Brown Shoe (NYSE:BWS) Announces Quarter Profit Plunges 28% – BWS, SPLS, ODP, SBH, PETM

Brown Shoe Company, Inc. (NYSE:BWS) announced on Tuesday that its fiscal Q3 earnings plunged 28 percent from a year-earlier quarter that included asset-sale increases, though the footwear retailer benefited from better revenue and stronger margins. Shares were increased 7.7 percent at $16.95 in current trading as earnings beat anticipations and Brown Shoe increased its guidance […]