Brown Shoe Sees 2011 EPS of $1.25 to $1.32

“For 2011, we are maintaining our previous annual guidance, however, based on our first quarter results, we are currently expecting this to trend toward the lower end,” said Mark Hood, chief financial officer for Brown Shoe BWS. “As expected, we still foresee our annual improvement to come in the back half of the year, due to a strong first half in 2010 and costs related to the acquisition of ASG.” Earnings per diluted share $1.25 to $1.32 Consolidated net sales Increase low-double digit range Famous Footwear same-store sales Increase low- to mid-single digit range