ST. LOUIS--(BUSINESS WIRE)--Brown Shoe Company (NYSE: BWS) (brownshoe.com) today reported first quarter 2015 financial results, with net sales of $602.3 million up 1.9% versus first quarter 2014 net sales of $591.2 million. First quarter 2015 net earnings of $19.3 million, or $0.44 per diluted share, were up 24.8% versus $15.4 million, or $0.35 per diluted share. Gross margin of 41.3% was up approximately 30 basis points year-over-year, while operating margin of 5.0% was up approximately 10 bas


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