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Article Date: September 2018
Word Count: 384

Sandals and Lifestyle Athletic Drive Famous Footwear Q2 Gains


CAL net income jumped 34% to $23,646,000 from $17,595,000 in the fiscal second quarter ended Aug. 4 on revenues that were 4% higher at $706,612,000 from $676,954,000 with top line improvement at both Famous Footwear and the brand portfolio. Famous’ sales gained 6% to $429,472,000 from $404,930,000 including about $20 million from the calendar shift, driving operating income up 32% to $33,240,000 from $25,112,000. Same store sales increased 2.6% with improvements in traffic, conversions, and pairs per transaction. Online sales increased 15% and now represent about 10% of total sales, but e-commerce shipping costs and the additional week of BOGO ... Log in to view full article.

 


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