Caleres revised Q3 2024 earnings guidance down to $1.300-$1.400 EPS.
Caleres, a footwear company, revised its Q3 2024 earnings guidance to $1.300-$1.400 EPS, below the $1.500 consensus. Revenue expectations are set at $746.7-$761.9 million, also lower than the $764.4 million forecast. The stock opened at $37.25, with insiders recently selling over $1.4 million in shares. The company declared a quarterly dividend of $0.07 per share, yielding 0.75%. Analysts have downgraded Caleres amid these updates.
September 12, 2024
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