Caleres (CAL) Tops Q2 EPS by 55c

Caleres (NYSE: CAL) reported Q2 EPS of ($0.57), $0.55 better than the analyst estimate of ($1.12). Revenue for the quarter came in at $501.4 million versus the consensus estimate of $438.01 million.

“Looking ahead, while we expect the second half of 2020 to continue to be unpredictable, we are managing our business for the long term while at the same time remaining nimble to adapt to unanticipated challenges that may arise during this unusual year,” said Sullivan. “We believe our diverse portfolio of brands that are well-aligned with consumer trends, advanced capabilities and improving capital structure will lead us through the recovery and position Caleres to embrace rapidly changing consumer behaviors and capitalize on the increasingly dynamic marketplace.”

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

You May Also Be Interested In

• Cerebras CEO says investors misunderstood margin guidance
• Brera Holdings responds to derivative lawsuit tied to RockawayX deal
• Benchmark Reiterates Buy Rating on Cineverse (CNVS) Ahead of Q4 Results