Caleres, Inc. Reaffirms Consolidated Earnings Guidance for the Year 2023
January 08, 2024 at 04:20 pm EST
Share
Caleres, Inc. reaffirmed consolidated earnings guidance for the year 2023. For the year, the company expects net sales to be down 4.5% to 5.5% compared to fiscal 2022, including the impact of the 53rd week and diluted earnings per share of $3.96 to $4.06.
Caleres, Inc. is a global footwear company. The Company operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures and distributes footwear for people of all ages. The Company operates through two segments: Famous Footwear and Brand Portfolio. The Famous Footwear segment consists of its Famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Famous Footwear segment operates over 860 stores selling primarily branded footwear for the entire family. The Brand Portfolio segment includes its wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear primarily to online retailers, national chains, department stores, independent retailers and mass merchandisers, as well as Company-owned Famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses, including naturalizer.com, naturalizer.ca, naturalizer.co.uk and others.
CALERES, INC. 
