First-quarter numbers are scheduled for release after markets close Wednesday.
Analysts surveyed by Thomson Reuters expect earnings of 46 cents per share on $888.2 million in revenue during the fiscal quarter that ended last month.
Collective Brands has suffered along with other retailers as shoppers have gotten more stingy because of the economy. It lost $144 million during the previous quarter as quarterly revenue declined 5.4 percent to $735.2 million.
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