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Article: Brown Shoe Reports Fourth Quarter Earnings Per Diluted Share of $0.46; Earnings of $2.30 Per Diluted Share for Fiscal 2004.
- Article from:
- PR Newswire
- Article date:
- March 9, 2005
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Brown Shoe Company, Inc. today announced results for its 2004 fourth quarter and full fiscal year, which ended January 29, 2005.
Net sales for the fourth quarter rose 9.8 percent to $476.5 million from $433.8 million in the year-ago quarter.
Fourth quarter net earnings per diluted share were $0.46, compared with earnings per share of $0.25 on a restated basis in 2003. Net earnings were $8.5 million, versus $4.7 million in the year-ago period. Fourth quarter 2004 net earnings include the following previously announced charges and recoveries: (i) $0.3 million after-tax, or $0.02 per share, of non-cash expenses related to lease accounting issues; (ii) a ...