Famous Footwear Comps Improve in Q4
Caleres said that Famous Footwear same store sales increased 5.1% in the fourth quarter, and the banner’s top line was about $370 million, up from $365 million in Q4 last year, but weakness at the brand portfolio pulled total sales down 3% to about $700 million from $720 million. Brand portfolio sales dipped 9% to about $346 million on disappointing Holiday sales at some of its wholesale customers, especially in the value channel. The weakness was attributed to shifts ... Log in to view full article.
