Quarterly financial results (unaudited) for the years 2012 and 2011 are as follows:

(1)



	Quarters
	First Quarter			Second Quarter			Third Quarter				Fourth Quarter
($ thousands, except per share amounts)	(13 weeks)			(13 weeks)			(13 weeks)				(14 weeks)
2012
Net sales		$	626,441		$	599,279		$	732,169	$	640,176
Gross profit			239,064			233,814			285,782		251,699
Net earnings (loss)			1,628			(2,714)			24,287		4,003
Net earnings (loss) attributable to
Brown Shoe Company, Inc.			1,695			(2,535)			24,292		4,039
Per share of common stock:
Basic earnings (loss) per common
share attributable to Brown Shoe
Company, Inc. shareholders⁽¹⁾			0.04			(0.06)			0.57		0.09
Diluted earnings (loss) per common
share attributable to Brown Shoe
Company, Inc. shareholders⁽¹⁾			0.04			(0.06)			0.56		0.09
Dividends paid			0.07			0.07			0.07		0.07
Market value:
High			11.30			14.24			16.88		19.64
Low			8.49			8.28			13.22		14.76

⁽¹⁾	EPS for the quarters may not sum to the amounts for the year as each period is computed on a discrete period basis.

⁽²⁾



	Quarters
	First Quarter			Second Quarter			Third Quarter				Fourth Quarter
($ thousands, except per share amounts)	(13 weeks)			(13 weeks)			(13 weeks)				(13 weeks)
2011
Net sales		$	619,555	⁽¹⁾	$	620,590	⁽¹⁾	$	713,788	$	628,891
Gross profit			247,964	⁽¹⁾		233,605	⁽¹⁾		276,498		238,573
Net earnings (loss)			3,641			(4,768)			33,693		(8,176)
Net earnings (loss) attributable to
Brown Shoe Company, Inc.			3,688			(4,609)			33,732		(8,222)
Per share of common stock:
Basic earnings (loss) per common
share attributable to Brown Shoe
Company, Inc. shareholders⁽²⁾			0.08			(0.11)			0.80		(0.21)
Diluted earnings (loss) per common
share attributable to Brown Shoe
Company, Inc. shareholders⁽²⁾			0.08			(0.11)			0.79		(0.21)
Dividends paid			0.07			0.07			0.07		0.07
Market value:
High			15.77			12.79			10.31		9.72
Low			10.39			8.85			5.85		7.51

⁽¹⁾

Adjusted from amounts previously reported in the Company’s Form 10-Q for the financial results related to TBMC. TBMC was acquired in the first quarter of 2011 and sold in the subsequent third quarter of 2011. The historical financial results of TBMC have been reclassified and presented as discontinued operations.