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.