Caleres (CAL) PT Lowered to $22 at Susquehanna
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Caleres Reports First Quarter 2019 Results
June 3, 2019 4:10 PM EDTST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL) (caleres.com), a diverse portfolio of global footwear brands, today reported first quarter 2019 financial results.
Despite a soft marketplace, Brand Portfolio performed extremely well and continued to grow with sales up more than 20% year-over-year and to take share. Once again, we owned six of the top 25 women's fashion footwear brands and grew sales ahead of market rate while gaining share, said Diane Sullivan, CEO, president and chairman of Caleres. At Famous Footwear, while the quarter ended on an encouraging note with... More
