Investopedia: Can Brown Shoe Move From Repair To Growth?
It has been about a year since I last wrote on Brown Shoe (NYSE:BWS)
and what a year it has been. While I had previously been skeptical of
the board's selection of Diane Sullivan as CEO, the hyperbole around a
share buyback, and the company's general strategic direction, I did hold
out the hope that the company was washing out its bad news and was
ready to get back to a real recovery. Since then, though, the stock has
nearly doubled and it may fairly be asked if the company can still
really be called a turnaround story.