AP NEWS

Caleres Inc.: Fiscal 3Q Earnings Snapshot

November 20, 2018

ST LOUIS (AP) _ Caleres Inc. (CAL) on Tuesday reported fiscal third-quarter earnings of $29.2 million.

The St. Louis-based company said it had net income of 67 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 81 cents per share.

The footwear wholesaler and retailer posted revenue of $775.8 million in the period.

Caleres Inc. expects full-year earnings in the range of $2.25 to $2.35 per share, with revenue expected to be $2.85 billion.

Caleres Inc. shares have fallen 7.5 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $30.97, increasing slightly 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

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