Caleres (CAL) Tops Q2 EPS by 10c; Maintains Outlook
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Caleres Reports Second Quarter 2023 Results and Maintains Full Year 2023 Outlook
August 31, 2023 6:45 AM EDTDelivers second quarter adjusted earnings per share ahead of expectations Reiterates full year 2023 sales and adjusted earnings per share guidance Drives inventory decline of 14.3 percent compared to second quarter 2022 Reduces revolving credit facility borrowings by $47.5 million from first quarter 2023 and by $104.5 million from second quarter 2022 Repurchases 763,000 shares for $17.4 million
ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL), the market-leading portfolio of consumer-driven footwear brands, today reported financial results for the second quarter of 2023, and reiterated its full... More
