Caleres Reports First Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/4/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Caleres (CAL) Misses Q1 EPS by 44c, Revenues Miss
June 4, 2020 4:12 PM EDTCaleres (NYSE: CAL) reported Q1 EPS of ($1.30), $0.44 worse than the analyst estimate of ($0.86). Revenue for the quarter came in at $397.2 million versus the consensus estimate of $426.9 million.
First Quarter 2020 Highlights
Operating Results: (13-weeks ended May 2, 2020 compared to 13-weeks ended May 4, 2019)
Net Sales were $397.2 million compared to $677.8 million in the first quarter of fiscal 2019;Famous Footwear total sales of $191.3 million, down 45.7 percent with same-store-sales up 12.8 percent through mid-March, and up 12.6 percent for the entire quarter; andBrand Portfolio sales of $217.2 million, down 36.3 percent.Gross profit was $121.9 million, while gross margin was... More