Caleres Reports First Quarter 2021 Results

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Go back to Caleres Reports First Quarter 2021 Results

Caleres (CAL) Tops Q1 EPS by 57c, Revenues Beat; Offers 2Q Revenues Guidance Below Consensus, 2Q EPS Mid-Point View Below Ests.

May 28, 2021 6:48 AM EDT

Caleres (NYSE: CAL) reported Q1 EPS of $0.60, $0.57 better than the analyst estimate of $0.03. Revenue for the quarter came in at $638.6 million versus the consensus estimate of $573.1 million.

First Quarter 2021 Highlights
(13-weeks ended May 1, 2021 compared to 13-weeks ended May 2, 2020)

Net sales were $638.6 million, up 60.8 percent from the first quarter of fiscal 2020Direct-to-consumer sales represented 74.5 percent of total net sales;A 108.2 percent sales increase in the Famous Footwear segment;A 15.2 percent sales increase in the Brand Portfolio segment;Total company owned ecommerce website sales increased 21.4 percent, with ecommerce... More