Caleres, Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2024
March 19, 2024 at 06:45 am EDT
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Caleres, Inc. provided earnings guidance for the first quarter and full year of fiscal 2024. For first quarter 2024, the company expects: Consolidated net sales to be flat to up 1%. Earnings per diluted share in line with fourth quarter 2023 on an adjusted basis.
For fiscal 2024, the company expects, consolidated net sales to be flat to up 2%, compared to 2023, and earnings per diluted share to be in the range of $4.30 to $4.60.
Caleres, Inc. is a global footwear company. The Company operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures and distributes footwear for people of all ages. The Company operates through two segments: Famous Footwear and Brand Portfolio. The Famous Footwear segment consists of its Famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Famous Footwear segment operates over 860 stores selling primarily branded footwear for the entire family. The Brand Portfolio segment includes its wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear primarily to online retailers, national chains, department stores, independent retailers and mass merchandisers, as well as Company-owned Famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses, including naturalizer.com, naturalizer.ca, naturalizer.co.uk and others.
CALERES, INC. 
