Caleres Reports Third Quarter 2016 Results

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Jefferies Raises Price Target on Caleres (CAL) Following Solid 3Q

November 23, 2016 8:38 AM EST

Jefferies reiterated a Hold rating on Caleres (NYSE: CAL), and raised the price target to $27.00 (from $24.00), following the company's 3Q earnings report. The company maintained its annual outlook for the third quarter in a row with 25-35 bps of GM expansion... More

Caleres (CAL) Tops Q3 EPS by 1c; Guides FY16 Inline with Views

November 22, 2016 4:17 PM EST

Caleres (NYSE: CAL) reported Q3 EPS of $0.81, $0.01 better than the analyst estimate of $0.80. Revenue for the quarter came in at $732.2 million versus the consensus estimate of $731.45 million.

GUIDANCE:

Caleres sees FY2016 EPS of $2.00-$2.10, versus the consensus of $2.02. Caleres sees... More