NYSE, BWS - Brown Shoe Company
Brown Shoe Company, Inc., founded in 1878 and incorporated in 1913, operates in
the footwear industry. Current activities include the operation of retail shoe
stores and the sourcing and marketing of footwear for women, men and children.
Our business is seasonal in nature due to consumer spending patterns, with
higher back-to-school, Easter and Christmas holiday season sales. Traditionally,
the third fiscal quarter accounts for a substantial portion of our earnings for
the year.
During 2007, categories of our consolidated footwear sales were approximately
63% women?s, 25% men?s and 12% children?s. This composition has remained
relatively constant over the past few years. Approximately 67% of 2007 footwear
sales represented retail sales compared to 62% in both 2006 and 2005, with the
remaining 33%, 38% and 38% in the respective years representing wholesale sales. ...
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