Brown Shoe Co. Inc. (BWS) – These Shoes Are Made For Walking
QualityStocks (June 9th, 2008) Writes:
Brown Shoe Co. Inc. is a company that began with one man’s dream back in 1878. In that year, George Warren Brown invested all his life savings to open a small business that would manufacture and sell his shoes. It did just that, and today Brown Shoes is a multi-billion dollar corporation.
With headquarters in St. Louis, Missouri, where George Brown first opened his business, Brown Shoe Co. Inc. is a global operation. They have 13,000 employees worldwide as part of the Textile: Apparel Footwear and Accessories industry. The company lists on the NYSE with a current market cap of $642.68M.
The company’s revenue mix is 61 percent from their retail operations and 39 percent from their wholesale operations. They operate their Famous Footwear division, which has over 1,100 stores in 50 states. This division sells brand-name shoes for the family. The company also operates a specialty retail division, which has
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