CAL

Caleres Slips To Loss In Q4, Despite Revenue Growth

(RTTNews) - Caleres, Inc. (CAL) announced Thursday a net loss attributable to Caleres for the fourth quarter of $22.73 million or $0.70 per share, compared to net earnings of $4.93 million or $0.15 per share in the prior-year quarter.

Excluding items, adjusted loss for the quarter was $0.36 per share, compared to adjusted earnings of $0.33 per share in the year-ago quarter. Adjusted loss, excluding Stuart Weitzman, was $0.06 per share.

Net sales for the quarter grew 8.7 percent to $695.06 million from $639.23 million in the same quarter last year.

In Thursday's pre-market trading, CAL is trading on the NYSE at $9.67, up $0.81 or 9.14 percent.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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