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Stock impact report

Caleres Provides Business Update

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
Extends store closuresBolsters financial positionContinues community support efforts ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL, caleres.com), a diverse portfolio of global footwear brands, today provided a business update in light of the rapidly evolving COVID-19 pandemic.Caleres is committed to supporting the global community as it works to slow the spread of the virus. Given the continued need for an aggressive response to this current health crisis, the company’s branded retail and Famous Footwear stores will remain closed until further notice. Caleres will continue to assess the status of these closures and will take direction from federal, state and local governments as it evaluates the safe reopening of its retail stores – understanding that this may be a staggered, regional approach. At the same time, the company continues to take steps to enhance its financial flexibility, reduce its cash outflows and fortify its financial position during this period of economic disrup Show less Read more
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