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Famous Footwear, Caleres
Here's How Last-Minute Shoppers Impacted Famous Footwear's Back-to-School Sales in Q2
According to Jay Schmidt, president and chief executive officer of Caleres, the delay in sales for back-to-school shifted late into Q2 and into the start of Q3 due to changing con
Famous Footwear Parent Caleres Stock Plunges on Soft Sales
Key Takeaways Caleres, the parent of discount shoe retailer Famous Footwear, said weak demand, a later back-to-school period, and challenges with its resource planning system hurt second-quarter results.
Famous Footwear Parent is Latest Footwear Retailer to Lower 2024 Guidance
Famous Footwear parent company Caleres, Inc. became the latest retailer to lower its fiscal full-year guidance after reporting second-quarter fiscal 2024 sales and earnings. The company reported sales of $683.3 million, down 1.8 percent year-over-year (y/y). Direct-to-consumer sales represented approximately 75 percent of total net sales.
Why Caleres Stock Plunged Today
Caleres missed estimates on the top and bottom lines in its Q2 report. It also cut its guidance for the full year. The stock is cheap, and a rebound in consumer demand could lead to a recovery. Caleres said revenue in the quarter was down 1.
KTTC
3d
Car crashes into Famous Footwear in northwest Rochester, injures one
ROCHESTER, Minn. (KTTC) – Crews are responding to a car that crashed into Rochester’s Famous Footwear. KTTC crew on scene ...
TBR News Media
2d
Police seek three women for alleged Islandia petit larceny
Suffolk County Crime Stoppers and Suffolk County Police Fourth Precinct Crime Section officers are seeking the public’s help ...
Retail Week
21h
Can Clarks get back into its stride or is the brand dead on its feet?
As the revolving door at Clarks continues, Retail Week looks at what's been plaguing the footwear specialist and if there's ...
KIMT
3d
74-year-old woman hit by car that crashed into Famous Footwear, driver cited
A 74-year-old female pedestrian walking in a crosswalk was struck by a vehicle. The vehicle proceeded to go into the ...
Rochester's News-Talk
3d
Driver Strikes 74-Year-Old Pedestrian, Crashes into Rochester Store
The vehicle-pedestrian collision and subsequent vehicle-building crash occurred outside of Famous Footwear at 3813 ...
7d
on MSN
Footwear Company Caleres Faces Tough Q2 With Lowered FY24 Forecast As Back-To-School Sales Lag
Caleres reported weaker-than-expected Q2 results, with sales down due to operational challenges and weak demand. FY24 outlook lowered.
2d
Crocs Joins the Addams Family With New ‘Wednesday’ Inspired Stomp Clog
Things just got creepier and kookier at Crocs headquarters. The company has unveiled an upcoming “Wednesday”-themed clog ...
KAAL TV
3d
One injured as car crashes into Famous Footwear in Rochester
A 74-year-old woman pedestrian walking in a crosswalk was struck by a vehicle, and the vehicle proceeded to go into the ...
Post-Bulletin
3d
Car crashes into Famous Footwear in north Rochester
ROCHESTER — Emergency crews were called to the Famous Footwear in north Rochester on Monday evening, Sept. 16, after a car ...
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