Slide 1: Fourth Quarter 2019 Earnings
Fourth Quarter 2019 Earnings March 12, 2020
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 – 4Q'19
Famous Footwear – 4Q’19 • Same-store-sales up 5.1% year-over-year • Highest brick and mortar sales in last five years • Higher ecommerce sales • Year-over-year improvements in top brands, kids and premium brands • Operated 43 fewer doors year-over-year • Managed inventory carefully and exited the qu
Slide 4: Brand Portfolio – 4Q'19
Brand Portfolio – 4Q’19 • Sales down 9.4% year-over-year • Retailer volatility – particularly in the value chain – affected fourth quarter results • Grew ecommerce-related direct to consumer business • 6 of our brands in top 20 women’s fashion brands • Top brands took share again in fourth quarter •
Slide 5: Other financial metrics
Other financial metrics US$M except per share 4Q’19 4Q’18 4Q Chg FY’19 FY’18 YTD Chg Gross profit $278.8 $277.7 0.4% $1,184.4 $1,156.3 2.4% Margin 39.9% 38.6% 133 bps 40.5% 40.8% (25 bps) Adj. gross profit $280.4 $287.7 (2.5%) $1,193.1 $1,168.7 2.1% Adjusted margin 40.1% 39.9% 18 bps 40.8% 41.2% (39
Slide 6: FY'20 Guidance and Capital Allocation Plan
FY’20 Guidance and Capital Allocation Plan Expect consolidated sales flat at $2.95 billion • Brand Portfolio flat to low single digits • Famous Footwear same-store-sales up low single digits Expect diluted EPS of $1.95 to $2.15 • Expect $0.15 to $0.20 per share impact in the first quarter due to vir
Slide 7: Prepared and Positioned to Win in Any Environment
Prepared and 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 sp