Caleres Q1 Results Miss Estimates; Reiterates FY24 Outlook

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 | 680 dias atrás

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 | 806 dias atrás

Caleres Boosts FY22 Outlook

While reporting preliminary results for the fourth quarter on Wednesday, footwear brand Caleres Inc. (CAL) raised its adjusted earnings and sales growth guidance for the full-year 2022, based on a stronger-than-anticipated holiday performance and continued robust demand for its lead brands.

RTTNews | 912 dias atrás

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.

RTTNews | 15 minutos atrás

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.

RTTNews | 43 minutos atrás

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.

RTTNews | 1 h 2 min atrás

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.

RTTNews | 2 h 39 min atrás

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.

RTTNews | 2 h 57 min atrás

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