Net loss plunged to $345,838,000 including a $262,719,000 goodwill impairment charge against last year’s income of $9,083,000 on revenues down 41% to $397,184,000 from $677,754,000. Famous Footwear sales were down 46% to $191,252 from $352,165,000, with comps that were up 12.8% through mid-March, and were +13.0% for the quarter excluding store closure periods against last year’s negative 1%. Brand Portfolio sales dropped 36.3% to $217,238,000 from $341,050,000, while negative 24.8% comps lapped a negative 8.6%. Gross profit contracted 1,060 b.p. to 30.7%, but excluding additional markdowns due to Covid-19, margins would have come in at 39.5%. SG&A expenses lowered 14% ... Log in to view full article.