UPDATE: Brown Shoe Swings To Q2 Loss, Lowers Full-Year Profit Forecast

Brown Shoe Co Inc BWS swung to a Q2 loss and lowered its full-year profit outlook. Brown Shoe posted a quarterly net loss of $4.6 million, or $0.11 per share, versus a profit of $5.3 million, or $0.12 per share, in the year-ago period. Its revenue climbed 7.2% to $628.1 million. Brown Shoe now projects a full-year adjusted profit of $0.85 to $0.97 per share, up from its earlier forecast of $1.25 to $1.32 per share. Brown Shoe shares dipped 10.73% to $6.99 in pre-market trading.