ST. LOUIS, June 4 /PRNewswire/ -- Brown Group, Inc. (NYSE: BG) today
announced divisional retail sales results for the four-week period ended
May 30, 1998 compared to the same period ended May 31, 1997. Brown Group's
retail operations include Famous Footwear, an 812-store chain selling
brand-name family footwear for less, and Naturalizer, a 338-store chain
selling the Naturalizer brand of women's footwear.
Retail sales for Famous Footwear in May were $69,600,000 compared to
$64,900,000 last May, an increase of 7.2 percent. Same-store sales increased
3.3 percent. Year-to-date sales for Famous Footwear for the seventeen week
period ended May 30, 1998 increased 8.0 percent to $281,800,000 from
$261,000,000 and were up 3.7 percent on a same-store basis.
The Naturalizer retail division's sales of $12,800,000 in May were up
6.7 percent compared to $12,000,000 last May. Same-store sales were up
4.1 percent. For the first seventeen weeks of fiscal 1998, Naturalizer
stores' sales were up 9.3 percent to $47,000,000 from $43,000,000 and
increased 6.6 percent on a same-store basis.
Brown Group, Inc. is a $1.6 billion footwear company with worldwide
operations. The Company operates the Famous Footwear, Naturalizer and F. X.
LaSalle chains of footwear retail stores and markets leading brands including
Naturalizer, Life Stride, NaturalSPORT, le coq sportif athletic footwear,
Buster Brown, and licensed brands including Dr. Scholl's, Disney and Star Wars
character footwear.
Brown Group, Inc. press releases are available by fax through PR
Newswire's Company News On-Call fax service at 800-758-5804, extension
109435. Brown Group, Inc. information also is available on the Company's web
site at http://www.browngroup.com.
SOURCE Brown Group, Inc.
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Related links:
http://www.browngroup.com
Company News On-Call: http://www.prnewswire.com, or
fax 800-758-5804, ext. 109435
CONTACT:
Mary Siverts of Brown Group, 314-854-4093
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