Caleres (CAL) Tops Q2 EPS by 55c
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Caleres Reports Second Quarter 2020 Results
September 1, 2020 4:10 PM EDTGenerated $66.8 million of cash from operations
Paid down $88.5 million of debt during the second quarter
ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL, caleres.com) a diverse portfolio of consumer-driven footwear brands, today reported financial results for the second quarter ended August 1, 2020. Despite ongoing pressures from the global pandemic, Caleres delivered sequential improvement in several key financial metrics, spurred by the efficient restart of its retail store fleet, ongoing strength in ecommerce sales and prudent management of expenses and working capital.
The... More
