Caleres Inc. reported a healthy profit gain in the fourth quarter on adjusted basis. But those earnings still reached the low end of guidance with a significant drop in profits at Famous Footwear, its net results were dragged down by a number of impairment charges, and a soft near-term outlook was given for the current year.
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Caleres Sees Q4 Earnings At Low End Of Guidance
Caleres Inc., the parent of Famous Footwear, reported adjusted earnings in the fourth quarter that came in at the high end of its expected range but the company delivered a cautious near-term outlook.
Caleres Board Member Resigns
Caleres Inc. said that on January 1, 2017, Mario L. Baeza, a member of its board of directors, resigned.
Caleres Acquires Allen Edmonds
Allen Edmonds joins Caleres’ roster of men’s footwear, including George Brown Bilt, Vince and Dr. Scholl’s.
Caleres Q2 Falls Short of Street Estimates
Caleres Inc. reported second-quarter earnings rose 17.5 percent to $19.8 million, or 46 cents a share. Results missed Wall Street’s consensus estimate of 51 cents.
Caleres Appoints Jay Schmidt Brand Portfolio President
Caleres appointed Jay Schmidt as president of the company’s Brand Portfolio business…
Caleres Q2 Sales Soft
Boosted by improved profitabillity at Famous Footwear, Caleres reported second-quarter earnings, excluding a charge for debt extinguishment, rose 22.4 percent, to $22.1 million, or 50 cents per share. Analysts’ consensus estimate had been 44 cents a
Caleres Q2 Boosted by Higher Gross Margins
Caleres, formerly Brown Shoe, reported that second-quarter earnings, excluding a charge for debt extinguishment, rose 22.4 percent, to $22.1 million, or 50 cents per share, versus second quarter 2014 net earnings of $18.1 million, or 41 cents per diluted
Caleres Announces Results of Tender Offer
Caleres, formerly Brown Shoe Co., announced that the previous cash tender offer for any and all of its $200 million aggregate principal amount of 7⅛ percent senior notes due 2019…
Caleres Launches Senior Notes Offering
Caleres, formerly Brown Shoe Co., intends to offer $200 million in senior notes due 2023 in a private placement…
Caleres to Expand Current Operations in Tennessee
Caleres, formerly Brown Shoe Co., will make a substantial investment to expand its distribution facility in Lebanon, TN, according to a statement from the Tennessee Department of Economic and Community Development…
Brown Shoe To Rebrand to Caleres
Brown Shoe Company said that following its annual shareholder meeting on May 28, 2015, it will change its name to Caleres. The company is also launching a men's footwear business under the Brown Shoe Bootmakers brand….
Sam Edelman x SCAD Students Collab on Exclusive Capsule Collection for Nordstrom
The collaboration brings together a capsule collection of five sneakers, sold exclusively at 33 select Nordstrom stores nationwide and on Nordstrom.com beginning March 4.
Sam Edelman Inks New Licensee Deals Across Four Categories
New licensing partners include HB Connections (handbags), Esquire Brands (kids’ shoes), Gina Group (hosiery), and My Step Global (slippers).
Famous Footwear Appoints SVP and GMM for Adult Athletic, Kids and Canada
Andrew Leckie has held various leadership roles in North America with Dick’s Sporting Goods and Foot Locker. Leckie’s most recent role was vice president, general merchandise manager of Champs Sports.
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