Caleres Boosts FY22 Outlook

Caleres Q1 Results Miss Estimates; Reiterates FY24 Outlook

Footwear brand Caleres Inc. (CAL) reported Thursday that net earnings for the first quarter decreased to $30.94 million or $0.88 per share from $34.73 million or $0.97 per share in the prior-year quarter.

RTTNews | 441 days ago

Caleres Reiterates Q3, FY23 Outlook

Ahead of its Investor Day later on Thursday, footwear brand Caleres Inc. (CAL) reiterated its earnings, adjusted earnings and sales growth guidance for the third quarter and fiscal year 2023. However, it expects to be at the low-end of the sales range for both third quarter and fiscal year 2023, given the challenging consumer demand environment in September.

RTTNews | 679 days ago

Caleres Q1 EPS Tops Estimates; Reiterates FY23 Adj. EPS Outlook

Footwear brand Caleres Inc. (CAL) reported Thursday that net earnings for the first quarter decreased to $34.73 million or $0.97 per share from $50.51 million or $1.32 per share in the prior-year quarter.

RTTNews | 805 days ago

U.S. Producer Price Growth Far Exceeds Estimates In July

Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices to rise by 0.2 percent.

RTTNews | 1h 25min ago

U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000

The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th. The report said initial jobless claims dipped to 224,000, a decrease of 3,000 from the previous week's revised level of 227,000.

RTTNews | 1h 57min ago

UK GDP Rises More Than Expected

The UK economy expanded more than expected in the second quarter but the overall growth softened as US frontloading propelled growth at the start of the year. Gross domestic product expanded 0.3 percent in the second quarter largely driven by growth in the service sector, the Office for National Statistics reported Thursday. Although the rate was stronger than the expected growth of 0.1 pe

RTTNews | 2h 38min ago

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Thursday morning, reacting to data showing a bigger than expected increase in U.S. producer price index, and mixed batch of earnings data from Canada. Oil prices are up, while metals are exhibiting weakness.

RTTNews | 3h 10min ago

S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings

S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment, while the higher tariffs from the U.S. administration is estimated to have only limited impact on the economy. India's sovereign credit ratings were raised to 'BBB' from 'BBB-', with a 'stable' outlook.

RTTNews | 3h 13min ago

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