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0 0.00050632911392413 -0.0091139240506329 -0.0141772151898733 -0.00354430379746837 0.0136708860759493 0.0724050632911392 0.0567088607594937
Stock impact report

Why Caleres Stock Was Moving Higher Today [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
topped estimates on the top and bottom lines in its fourth quarter earnings report. As a result, the stock was up 9.2% as of 12:44 p.m. ET. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. What happened with Caleres Revenue at Caleres rose 8.7% to $695.1 million in the quarter, which was well ahead of estimates at $685.4 million. Brand portfolio sales were up 20.3%, or 1.5% on an organic basis, and comparable sales at Famous Footwear rose 0.1%. E-commerce sales were again up double digits on company-owned platforms, another bright spot. Adjusted gross margin fell 10 basis points to 42.9%, though that was better than the company's expectations. The company reported an adjusted loss of $0.36, which was ahead of the consensus at a per-share loss of $0.40, but worse than the $0.3 Show less Read more
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