Slide 1: Third Quarter 2019 Earnings
Third Quarter 2019 Earnings November 25, 2019
Slide 2: Safe harbor statement
Safe harbor statement Under the private securities litigation reform act of 1995 This presentation contains certain forward-looking statements and expectations regarding the company’s future performance and the performance of its brands. Such statements are subject to various risks and uncertainties
Slide 3: Famous Footwear – 3Q'19
Famous Footwear – 3Q’19 • Same-store-sales up 2.5% year-over-year • Delivered eighth consecutive year of positive back-to-school same-store-sales • Increases in Athletic, Boots and Sandal categories • Operated 47 fewer doors year-over-year • Delivered 37 bps gross margin improvement • Operating earn
Slide 4: Brand Portfolio – 3Q'19
Brand Portfolio – 3Q’19 • Sales up 4.9% year-over-year • Brands gained share again in third quarter • Sell through of brands at retail partners outpacing market • Dr. Scholl’s sneaker wins Sustainability Award at Accessories Council Designer Excellence Awards • Completed automation of in house consu
Slide 5: Other financial metrics
Other financial metrics US$M except per share 3Q’19 3Q’18 3Q Chg YTD’19 YTD’18 YTD Chg Gross profit $319.8 $310.6 2.9% $905.6 $878.6 3.1% Margin 40.4% 40.0% 32 bps 40.7% 41.6% (81 bps) Adj. gross profit $319.8 $312.5 2.3% $912.7 $881.0 3.6% Adjusted margin 40.4% 40.3% 8 bps 41.1% 41.7% (60 bps) SG&A $2
Slide 6: FY'19 Guidance
FY’19 Guidance Consolidated sales of ~$3.0B • Brand Portfolio sales up low teens, including acquisitions • Famous Footwear same-store-sales flat to up low-single digits Adjusted diluted EPS of $2.35 to $2.40 • Reflects $0.05 net impact related to tariffs • Excludes ~$0.24 of expenses related to brand a
Slide 7: Positioned to Win in Any Environment
Positioned to Win in Any Environment Winning Strategies • Broaden reach and power of brands and products, cultivating consumer-focused brands • Strengthen connections with consumers, obsessively meeting consumer desires • Accelerate innovation of capabilities and operations, enabling speed, agility,