Brown Shoe Company, Inc. Surges on Strong Earnings, Positive Outlook

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Brown Shoe Company, Inc. Surges on Strong Earnings, Positive Outlook

The stock price of Brown Shoe Company, Inc. (NYSE:BWS) surged after reporting strong financial results for the third quarter. The shares of the company were up more than 10% to $31.43 per share at the time of this writing during the mid-day trading.

Brown Shoe Company 3Q financial results

For the third quarter, Brown Shoe Company, Inc. (NYSE:BWS) reported net earnings of $33.1 million or $0.75 per diluted share, an increase of 21% from its net earnings of $27.3 million or $0.63 per diluted share in the year ago quarter.

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