UPDATE: Brown Shoe Posts Narrower Q2 Loss

Brown Shoe Co BWS posted a narrower second-quarter loss. Brown Shoe posted a quarterly loss of $2.5 million, or $0.06 per share, versus a year-ago loss of $4.6 million, or $0.11 per share. On an adjusted basis, Brown Shoe earned $0.16 per share. Its revenue declined 3% to $599.3 million, while comparable store sales climbed 3.9% in the period. Brown Shoe shares gained 6.49% to $16.40 in after-hours trading.