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Brown Shoe announces split of stock & Qtly cash dividend
03 Mar '06
2 min read
With the split, the number of shares outstanding will rise from approximately 18.5 million shares to approximately 27.8 million shares.
This morning in a separate press release, Brown Shoe reported that its net earnings were up more than 50 percent on record sales for its fourth quarter of fiscal 2005.
Brown Shoe is a $2.3 billion footwear company with global operations.
The Company operates the 900+ store Famous Footwear chain, which sells brand name shoes for the family.
It also operates 300+ specialty retail stores in the US and Canada under the Naturalizer, FX LaSalle and Via Spiga names, and Shoes.com, the Company's e-commerce subsidiary.
This morning in a separate press release, Brown Shoe reported that its net earnings were up more than 50 percent on record sales for its fourth quarter of fiscal 2005.
Brown Shoe is a $2.3 billion footwear company with global operations.
The Company operates the 900+ store Famous Footwear chain, which sells brand name shoes for the family.
It also operates 300+ specialty retail stores in the US and Canada under the Naturalizer, FX LaSalle and Via Spiga names, and Shoes.com, the Company's e-commerce subsidiary.
Brown Shoe Company
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