Net income rose 2% to $34,730,000 from $33,983,000 on a 1% sales gain to $732,230,000 from $728,639,000 for the quarter ended Oct. 29, with most of the improvement coming in the wholesale brand portfolio on the margin side but Famous Footwear having what it termed a solid Back-to-School season driven by continued strength in athletic.
Famous Footwear operating income fell 17% to $32,709,000 from $39,638,000 for the period as sales rose 3% to $467,816,000 from $456,277,000, with comp store sales up 2.1% for the quarter overall and up 2.7% during the BTS season with a net increase of seven more stores. ... Log in to view full article.