Collective Brands (PSS $12.16 +1.88) reported second quarter earnings
of $0.16 per share, excluding non-recurring items, $0.05 better than the Capital
IQ Consensus Estimate of $0.11.
Revenues rose 4.9% year/year to $882.4 million versus the $865.7 million
consensus.
The Company also announced that its Board of Directors will, together with
management, conduct a review of strategic and financial alternatives to further
enhance shareholder value. Working with its advisors, Perella Weinberg Partners
and Kurt Salmon, the Board and management will explore a full range of
alternatives for Collective Brands.






