Brown Shoe 3Q results to miss Street view

ST. LOUIS - Brown Shoe Co., which operates the Famous Footwear chain of discount shoe stores, on Wednesday said same-store sales plunged 7.3 percent in September, which it expects will push third-quarter results well below Wall Street's expectations. Shares of Brown Shoe fell 80 cents, or 6.2 percent, to $12.02 in after-hours trading, after gaining 5 cents to end the regular session at $12.82. Same-store sales, or sales at... [read full story]