AP NEWS

Caleres Inc.: Fiscal 3Q Earnings Snapshot

November 25, 2019

ST LOUIS (AP) _ Caleres Inc. (CAL) on Monday reported fiscal third-quarter profit of $28 million.

The St. Louis-based company said it had profit of 69 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 78 cents per share.

The footwear wholesaler and retailer posted revenue of $792.4 million in the period.

Caleres Inc. expects full-year earnings in the range of $2.35 to $2.40 per share.

Caleres Inc. shares have declined 20% since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.23, a drop of 23% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAL at https://www.zacks.com/ap/CAL