Caleres Reports Fourth Quarter and Full Year 2018 Results

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Caleres (CAL) PT Lowered to $29 at Susquehanna

March 22, 2019 8:24 AM EDT

Susquehanna analyst Sam Poser lowered the price target on Caleres (NYSE: CAL) to $29.00 (from $31.00) while maintaining a Neutral rating.

"Disappointing 4Q18 results and overly optimistic FY19 Famous Footwear SSS guidance keeps us in Missouri."... More

Caleres (CAL) Misses Q4 EPS by 7c, Offers FY Guidance

March 21, 2019 4:12 PM EDT

Caleres (NYSE: CAL) reported Q4 EPS of $0.38, $0.07 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $720.3 million versus the consensus estimate of $738.12 million.

Famous Footwear same-store-sales were up 1.1%.

GUIDANCE:

Caleres sees FY2020 EPS of $2.45-$2.55,... More