Caleres Reports Third Quarter 2018 Results
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Caleres (CAL) PT Lowered to $31 at Susquehanna
November 21, 2018 1:40 PM ESTSusquehanna analyst Sam Poser lowered the price target on Caleres (NYSE: CAL) to $31.00 (from $37.00) while maintaining a Neutral rating.
Poser commented, "Stay in Missouri (The Show-Me State). A mixed 3Q18 print and lower FY18 EPS guidance keeps us sidelined. While Famous SSS met expectations (+2.8%),... More
Caleres (CAL) Misses Q3 EPS by 7c, Revenues Beat; Offers FY18 EPS/Revenue Outlook
November 20, 2018 4:19 PM ESTCaleres (NYSE: CAL) reported Q3 EPS of $0.81, $0.07 worse than the analyst estimate of $0.88. Revenue for the quarter came in at $775.8 million versus the consensus estimate of $765 million.
Famous Footwear same-store-sales up 2.8% delivered seventh consecutive year of positive back-to-school same-store-salesBrand Portfolio sales up 8.5%, as top brands continued to grow and take market shareAdded Vionic a growing brand with strong consumer loyalty and great cultural fit to the Brand PortfolioLeveraged... More