Caleres Reports Third Quarter Results and Updates Guidance
Caleres, Inc. (CAL)
Last caleres, inc. earnings: 3/12 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.caleres.com
Company Research
Source: Business Wire
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today reported financial results for the third quarter 2024.Reported sales of $740.9 million, down 2.8% year-on-year;Famous Footwear sales declined 4.8% versus the third quarter of 2023 with comparable store sales up 2.5%;Brand Portfolio sales increased 0.7% versus the third quarter of 2023;Third quarter consolidated gross margin rate of 44.1%, down 55 basis points year-on-year;Reported earnings per diluted share of $1.19 and adjusted earnings per diluted share of $1.23 for the third quarter, below expectations;Generated third quarter EBITDA of $71.4 million;Fiscal 2024 outlook of net sales down 2.5% to 3% versus previous guidance of down low-single-digits percent;Revises fiscal 2024 outlook for earnings per diluted share to $3.35 to $3.45 versus prior guidance of $3.94 to $4.09, and adjusted earnings per diluted share to $3.45 to $3.55 versus prior guidance of $4.00 to
Show less
Read more
Impact Snapshot
Event Time:
CAL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAL alerts
High impacting Caleres, Inc. news events
Weekly update
A roundup of the hottest topics
CAL
News
- Q3 Earnings Outperformers: Caleres (NYSE:CAL) And The Rest Of The Footwear Stocks [Yahoo! Finance]Yahoo! Finance
- Caleres Declares Regular Quarterly DividendBusiness Wire
- Caleres' Q3 Earnings & Revenues Miss Estimates, FY24 View Down [Yahoo! Finance]Yahoo! Finance
- Caleres, Inc. (NYSE: CAL) had its price target lowered by analysts at Loop Capital from $30.00 to $25.00. They now have a "hold" rating on the stock.MarketBeat
- Caleres Inc (CAL) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Growth ... [Yahoo! Finance]Yahoo! Finance
CAL
Earnings
- 12/5/24 - Miss
CAL
Sec Filings
- 12/11/24 - Form 10-Q
- 12/5/24 - Form 8-K
- 11/18/24 - Form 3
- CAL's page on the SEC website