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Monday, August 26, 2019

Caleres (CAL) reported earnings on Mon 26 Aug 2019 (a/h)

** charts after earnings **



 Caleres beats by $0.04, reports revs in-line
Reports Q2 (Jul) earnings of $0.62 per share, excluding non-recurring items, $0.04 better than the S&P Capital IQ Consensus of $0.58; revenues rose 6.5% year/year to $752.5 mln vs the $752.2 mln S&P Capital IQ Consensus.
  • Brand Portfolio sales of $359.6 mln, up 17.9%.
  • Famous Footwear total sales of $419.8 mln, with same-store-sales up +1.5%.
  • Co says it's on-track to deliver eighth consecutive year of positive back-to-school same-store-sales.

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