Caleres Q3 profit plunges on margin pressure
Caleres closed the $120.2m acquisition of Stuart Weitzman from Tapestry in August this year. For the 13 weeks ended 1…
Caleres
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Challenging Q2 for Caleres as sales, profit sink
Sales also fell in the second quarter (Q2) ending 2 August to $658.5m from $683.3m. Operating income fell to $9.3m…
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Caleres faces cost cuts, guidance halted on Q1 sales, profit dive
Jay Schmidt, president and chief executive officer admitted Caleres’ performance in Q1 “fell short of expectations” after a fall in…
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Caleres FY23 sales down, eyes growth potential in 2024
Caleres reported net sales for FY23 (53 weeks ended 3 February 2024) were down 5.1% from $2.97bn to $2.82bn with…
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Caleres reiterates 2023 guidance after dampened Q2 sales
Caleres' reported net sales for Q2 2023 (13 weeks ended 29 July 2023) were down 5.8% from $738.3m to $695.5m.…
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Sam Edelman launches ReLove resell initiative for footwear
The ReLove initiative is a peer-to-peer platform that allows customers to list their gently used Sam Edelman shoes to sell…
