Collective Brands earnings drop, sales up in Q3

Topeka, Kan. Collective Brands reported its third-quarter earnings were $36.9 million, compared with $47.5 million in the same quarter of 2008.

Collective Brands' net sales were $867.0 million, up 0.5% versus last year and up 2.9% versus last year on an adjusted basis.

Meanwhile, the chain’s same-store sales were up 3.1% in the third quarter.