Caleres (CAL) Tops Q2 EPS by 3c; Famous Footwear Comps Rise 1.5%

Caleres (NYSE: CAL) reported Q2 EPS of $0.61, $0.03 better than the analyst estimate of $0.58. Revenue for the quarter came in at $752.5 million versus the consensus estimate of $752.22 million.

Positive same-store-sales of 1.5% at Famous Footwear.

“During the quarter we successfully executed on our strategies to strengthen the emotional connections we have with our consumers. Our deep insights, combined with our industry-leading footwear capabilities, allowed us to deliver relevant product, supporting growth in the Brand Portfolio and positive same-store-sales growth at Famous Footwear,” said Diane Sullivan, CEO, president and chairman of Caleres. “A continued focus on expense discipline improved profitability for the quarter. As a company, we remain focused on creating consistent, profitable and sustainable growth over the long term.”

For earnings history and earnings-related data on Caleres (CAL) click here.

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