-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LuCoMe6wCDJKuKcsBxOciYcK94n8R0nEJ24J4fPS1HXzcRb5XEti0MLiC40ig8jE zkIWHPQlvF2Y54xA2YkLhg== 0000014707-05-000022.txt : 20050203 0000014707-05-000022.hdr.sgml : 20050203 20050203084832 ACCESSION NUMBER: 0000014707-05-000022 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050203 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20050203 DATE AS OF CHANGE: 20050203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROWN SHOE CO INC CENTRAL INDEX KEY: 0000014707 STANDARD INDUSTRIAL CLASSIFICATION: FOOTWEAR, (NO RUBBER) [3140] IRS NUMBER: 430197190 STATE OF INCORPORATION: NY FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02191 FILM NUMBER: 05571417 BUSINESS ADDRESS: STREET 1: 8300 MARYLAND AVE STREET 2: P O BOX 29 CITY: ST LOUIS STATE: MO ZIP: 63105 BUSINESS PHONE: 3148544000 MAIL ADDRESS: STREET 1: P O BOX 29 CITY: ST LOUIS STATE: MO ZIP: 63166 FORMER COMPANY: FORMER CONFORMED NAME: BROWN SHOE CO INC/ DATE OF NAME CHANGE: 19990528 FORMER COMPANY: FORMER CONFORMED NAME: BROWN GROUP INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BROWN SHOE CO INC DATE OF NAME CHANGE: 19720327 8-K 1 bws8k020305.htm BWS FORM 8-K BWS Form 8-K

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


 
FORM 8-K


CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported) February 3, 2005




BROWN SHOE COMPANY, INC.
(Exact name of registrant as specified in its charter)
   
New York
(State or other jurisdiction of incorporation or organization)
   
1-2191
(Commission File Number)
43-0197190
(IRS Employer Identification Number)
   
8300 Maryland Avenue
St. Louis, Missouri
(Address of principal executive offices)
63105
(Zip Code)
 
(314) 854-4000
(Registrant's telephone number, including area code)
 
 



 
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Item 2.02 Results of Operations and Financial Condition

On February 3, 2005, Brown Shoe Company, Inc. issued a press release announcing the Company’s retail sales for the four-week period, fourth quarter and 52-week fiscal year ended January 29, 2005. A copy of the Press Release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

In accordance with General Instruction B.6. of Form 8-K, the information contained in Item 2.02 and the Exhibits attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 
SIGNATURES
 
Pursuant to the requirements of the Securities Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

   
BROWN SHOE COMPANY, INC.
   
(Registrant)
     
     
Date: February 3, 2005
  
/s/ Michael I. Oberlander
   
Michael I. Oberlander
   
Vice President, General Counsel and Corporate Secretary



 
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INDEX TO EXHIBITS

Exhibit No.
 
Description
 
99.1
  
Press Release Announcing Retail Sales, dated February 3, 2005
     


 
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 EX-99.1 2 bws8k020305ex99_1.htm EXHIBIT 99.1 - PRESS RELEASE Exhibit 99.1 - Press Release

Exhibit 99.1
News

NYSE: BWS

For Immediate Release

Contact: Beth Fagan

Vice President, Public Affairs

314-854-4093


Brown Shoe Reports January and Year-End Retail Sales

ST. LOUIS, MISSOURI, February 3, 2005 -- Brown Shoe Company, Inc. (NYSE: BWS) today announced preliminary retail sales results for the four-week period, fourth quarter and 52-week fiscal year ended January 29, 2005.
 
Famous Footwear Retail Sales
Retail sales for Famous Footwear, the company's 919-store chain selling brand-name footwear for the family, were $64,000,000 for the four-week January period ended January 29, 2005, compared to $55,500,000 for the comparable period ended January 31, 2004. Same-store sales for the period increased 10.8 percent.
Fourth-quarter sales for Famous Footwear for the 13-week period reached $263,100,000, compared to $242,000,000 last year, and were up 4.1 percent for the quarter on a same-store basis. Sales for the 52-week fiscal year were $1,116,700,000, compared to $1,073,600,000 for fiscal 2003. Same-store sales for the year were up 0.8 percent.
“January, while a low-volume clearance month, was good for Famous Footwear,” said Brown Shoe Chairman and CEO Ron Fromm. “We saw strength across all genders, margins were in-line with expectations, and the momentum continued in athletics.”
 
Naturalizer Retail Store Sales
January sales at Brown Shoe's 375-store Naturalizer chain, which sells the Naturalizer brand of women’s footwear in the U.S. and Canada, were $10,900,000, even with last January. Same-store sales decreased 3.3 percent.
Naturalizer's fourth-quarter sales for the 13-week period were $48,100,000 compared to $46,900,000 the same period last year. Same-store sales for the fourth quarter decreased 2.0 percent. Full-year sales for the Naturalizer chain were $191,600,000 for the 52 weeks on an average base of 5 fewer stores, versus $189,200,000 for last year. Same-store sales for the year were down 1.7 percent.
“We continue to be disappointed with our Naturalizer retail performance, and as previously announced, are addressing current challenges with new initiatives aimed at improving this segment of our business,” said Fromm.
 

 
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MONTH, QUARTER AND YEAR-TO-DATE SALES (millions)
 
FY 2004
(1/29/05)
FY 2003
(1/31/04)
% Change
Same-Store % Change
Stores Open
1/29/05 vs. 1/31/04
 
Jan. -Famous Footwear
 
$ 64.0
 
$ 55.5
 
15.3
 
10.8
 
919
 
893
 
4th Q -Famous Footwear
 
263.1
 
242.0
 
8.7
 
4.1
    
 
Y-T-D -Famous Footwear
 
1,116.7
 
1,073.6
 
4.0
 
0.8
    
             
 
Jan. -Naturalizer
 
$ 10.9
 
$ 10.9
 
- -
 
(3.3)
 
375
 
378
 
4th Q -Naturalizer
 
48.1
 
46.9
 
2.5
 
(2.0)
    
 
Y-T-D -Naturalizer
 
191.6
 
189.2
 
1.3
 
(1.7)
    



Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This press release contains certain forward-looking statements, including projections of future earnings, that are subject to various risks and uncertainties that could cause actual results to differ materially. These include (i) general economic conditions and the consumer’s preferences and purchasing patterns, which may be influenced by consumers' disposable income; (ii) the uncertainties of pending litigation; (iii) intense comp etition within the footwear industry; and (iv) and political and economic conditions or other threats to continued and uninterrupted flow of inventory from Brazil and China, where the Company relies heavily on third-party manufacturing facilities for a significant amount of its inventory. The Company's reports to the Securities and Exchange Commission contain detailed information relating to such factors. The Company does not undertake any obligation or plan to update these forward-looking statements, even though its situation may change.

Brown Shoe is a $1.9 billion footwear company with worldwide operations. The Company operates the 900-store Famous Footwear chain, which sells brand name shoes for the family. It also operates 375 Naturalizer stores in the U.S. and Canada that sell the Naturalizer brand of shoes and accessories. Brown Shoe, through its Wholesale divisions, owns and markets leading footwear brands including Naturalizer, LifeStride, Connie, Buster Brown; it also markets licensed brands including Dr. Scholl's, Bass and Carlos by Carlos Santana for adults, and Barbie, Disney (Mickey Mouse, Winnie the Pooh, PowerRangers etc.), Spider-Man and Friends and Bob-the-Builder character footwear for children. Brown Shoe press releases are availab le on the Company's web site at www.brownshoe.com.

 

 
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