Caleres Reports Fourth Quarter and Full Year 2015 Results
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Caleres (CAL) Outlook Likely Conservative But Maintaining Hold - Jefferies
March 17, 2016 9:10 AM EDTJefferies analyst, Edward Plank, is maintaining his Hold rating on Caleres (NYSE: CAL) despite a strong quarter. The weak outlook that prompted a sell off is likely conservative but it makes sense to wait for more clarity. No change to Hold rating, PT drops to $30 from $32.
CAL's solid 4Q results were outweighed by a cautious, but appropriately conservative, outlook for FY'17, given the cautious initial order backdrop as retailers exited a challenging qtr. As inventory works... More
Caleres (CAL) Tops Q4 EPS by 3c, FY16 EPS Guidance Falls Short
March 15, 2016 4:26 PM EDTCaleres (NYSE: CAL) reported Q4 EPS of $0.26, $0.03 better than the analyst estimate of $0.23. Revenue for the quarter came in at $608.7 million versus the consensus estimate of $632.89 million.
GUIDANCE:
Caleres sees FY2016 EPS of $2.00-$2.10, versus the consensus of $2.22. Caleres sees... More
