St Louis-based Brown Shoe Co., the company behind the Famous Footwear and Naturalizer retail footwear chains, last week reported net earnings in the first quarter of $6.4 million - down 2% on last year’s Q1 figure of $6.5 million.

However, the company also said was ‘comfortable’ with projected per-share earnings of 59 cents for the second quarter and $2.25 for the full year.

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