Soft Boot Demand and Late Athletic Deliveries Hit Caleres Q3 Sales [Yahoo! Finance]
Caleres, Inc. (CAL)
Last caleres, inc. earnings: 3/12 04:10 pm
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Source: Yahoo! Finance
Nordstrom Says Its 'Make Room for Shoes' Campaign Contributed to Q3 Sales Wins Nordstrom Q3 Results Surpass Expectations, 2024 Sales Guidance Lifted Caleres is lowering its yearly guidance after reporting performance below its expectations in the third quarter of 2024. According to the St. Louis-based footwear company, net sales in Q3 were $740.9 million, down 2.8 percent from $761.9 million in the third quarter of 2023. Net earnings in the third quarter $41.4 million, or earnings per diluted share of $1.19, compared to net earnings of $46.9 million, or earnings per diluted share of $1.32, in the same period last year. By business segment, Caleres reported that net sales at Famous Footwear decreased 4.8 percent, with comparable store sales up 2.5 percent. The company's brand portfolio segment saw net sales increase 0.7 percent. These results missed the company's Q3 guidance, which were expected to see net sales between flat for the period to down 2 percent. Earnings per dil
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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