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.

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