Caleres (CAL) Misses Q1 EPS by 26c
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Caleres Reports First Quarter 2023 Results
June 1, 2023 6:40 AM EDTDelivers $0.97 in earnings per share, the upper end of previous guidance Generates record quarterly operating earnings and operating margin in the Brand Portfolio segment Reiterates full year fiscal 2023 adjusted earnings per share guidance Reduces revolving credit facility borrowings by $16 million from fiscal year-end 2022 Announces strategic expense reduction initiatives
ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL), a diverse portfolio of consumer-driven footwear brands, today reported financial results for the first quarter of 2023, and reiterated its full year... More
