Bakers Footwear Group, Inc. (NASDAQ:BKRS) has announced the release of this third quarter earnings for the period ended October 31, 2009. The company reported net sales of $39.0 million, 4.9% lower than the thirteen week period ended November 1, 2008 of $41.1 million. It’s comparable store sales has decreased 5.1%, compared to the 4.5% increase reported during the previous year.
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The company hosted a conference call to review the financial results. A webcast of the call will be available until March 8, 2010 at http://viavid.net/dce.aspx?sid=00006E49. The full financial report will also be available on the company’s website, http://www.bakershoes.com/.
Bakers Footwear Group, Inc. is engaged in the sale of shoes and accessories through approximately 230 retail stores throughout the United States under the Bakers and Wild Pair names. The Company is a full-service retailer specializing in fashion footwear. The Company’s products include private-label and national brand dress, casual, and sport shoes, boots, sandals and accessories, such as handbags and costume jewelry. As of April 11, 2009, the Company operated a total of 240 stores, including 21 stores in the Wild Pair format. The Company sells both casual and dress footwear. Casual footwear includes sport shoes, sandals, athletic shoes, outdoor footwear, casual daywear, weekend casual, casual booties and tall-shafted boots. Dress footwear includes career footwear, tailored shoes, dress shoes, special occasion shoes and dress booties.
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