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Caleres Q2 earnings up, reiterates forecast

Net sales at Caleres Inc., rose 9.3 percent to 738.3 million dollars in the second quarter, driven by positive momentum in the brand portfolio segment. The company achieved net earnings of 51.2 million dollars and generated a 45.6 percent consolidated gross profit margin. “During the second quarter, Caleres delivered another exceptional...

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ManagementFeatured

Caleres revenues and earnings jump

Fourth quarter net sales at Caleres were 679.3 million dollars, up 19 percent from the fourth quarter of fiscal 2020. The company reported 15.9 percent sales increase in the Famous Footwear segment and a 24.4 percent sales increase in the brand portfolio segment. Gross profit for the quarter was 294.8 million dollars, while gross margin was 43.4...

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