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Stock impact report

Caleres Posts Earnings, Sales Beat for Q4, Outlines Cautious Guidance [Yahoo! Finance]

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: Yahoo! Finance
The St. Louis-based company reported fourth quarter sales of $697.1 million, up 0.1 percent from the prior year and ahead of the $694.3 million expected by analysts surveyed by Yahoo. Adjusted net earnings were $30.8 million for the quarter, with adjusted earnings per diluted share of 86 cent, ahead of the 85 cents expected by analysts. More from Footwear News Hibbett Sports Posts Q4 Miss, Issues Cautious Guidance Dick's Sporting Goods Is Making Its Stores Bigger as Other Chains Shrink Their Fleets Caleres president and chief executive officer Jay Schmidt said Caleres' fourth quarter performance was largely driven by its brand portfolio, which “led the financial performance of the company,” he said in a statement. This segment includes the company's owned brands , such as Vionic Allen Edmonds , Naturalizer, Sam Edelman — which is marking its 20th anniversary — and more. Brand sales increased 4.5 percent in Q4 and delivered its “best-ever annual adjusted operating earnings, Show less Read more
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