ST LOUIS (AP) _ Caleres Inc. (CAL) on Tuesday reported fiscal fourth-quarter net income of $33.9 million, after reporting a loss in the same period a year earlier.

The St. Louis-based company said it had net income of 88 cents per share. Earnings, adjusted for pretax expenses and to extinguish debt, were 91 cents per share.

The footwear wholesaler and retailer posted revenue of $679.3 million in the period.

For the year, the company reported net income of $137 million, or $3.56 per share, swinging to a profit in the period. Revenue was reported as $2.78 billion.

Caleres Inc. expects full-year earnings to be $3.75 to $4 per share.

Caleres Inc. shares have declined 13% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $19.73, a rise of almost 6% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAL at https://www.zacks.com/ap/CAL

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News