Caleres, Inc. (CAL) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 15, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Caleres, Inc. ("Caleres" or "the Company") (NYSE:CAL). Investors who purchased Caleres securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CAL.
Caleres Inc May Have Engaged In Securities Law Violations And Impacted Shareholders Are Invited To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / September 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Caleres, Inc. ("Caleres" or "the Company") (NYSE:CAL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
The Schall Law Firm Has Launched An Inquiry Into Caleres, Inc. For Possible Fraud And The Firm Seeks Investor Participation
LOS ANGELES, CA / ACCESSWIRE / September 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Caleres, Inc. ("Caleres" or "the Company") (NYSE:CAL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Caleres, Inc. (CAL) and Encourages Stockholders to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 13, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Caleres, Inc. ("Caleres" or "the Company") (NYSE:CAL). Investors who purchased Caleres securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CAL.
After The Q2 2024 Stock Price Fall, Caleres Trades More Reasonably, But Is Not An Opportunity
Caleres' 2Q24 results disappointed, leading to a 19% stock drop and revised guidance to a low single-digit down year. ERP issues and discounting hurt sales and margins, with retail gross margins falling 140 bps due to BOGO promotions. Despite a 13% current earnings yield, historical margin trends suggest a less attractive 9% yield, justifying a Hold rating.
Caleres Inc Is Being Investigated For Securities Law Violations And Affected Shareholders Should Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / September 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Caleres, Inc. ("Caleres" or "the Company") (NYSE:CAL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Caleres, Inc. (CAL) Q2 2024 Earnings Call Transcript
Caleres, Inc. (NYSE:CAL ) Q2 2024 Earnings Conference Call September 12, 2024 10:00 AM ET Company Participants Liz Dunn - SVP, Corporate Development & Strategic Communications Jay Schmidt - President & CEO Jack Calandra - SVP & CFO Conference Call Participants Laura Champine - Loop Capital Markets Mitch Kummetz - Seaport Global Securities Josh Herrity - Telsey Advisory Group Chandana Madaka - KeyBanc Capital Markets Operator Good morning, and welcome to the Caleres Second Quarter 2024 Earnings Call. My name is Rob, and I'll be your conference coordinator.
Famous Footwear Parent Caleres Stock Plunges on Soft Sales
Caleres (CAL) shares plunged Thursday when the footwear company significantly missed estimates and slashed its outlook on soft demand, a later back-to-school sales period, and technical problems.
Caleres' Q2 Earnings Miss, Famous Footwear Unit's Comps Decline 2.9%
CAL posts sales and earnings miss in the second quarter of fiscal 2024. The Famous Footwear segment witnesses a higher market share in the Kids category.
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.
Caleres Inc. (CAL) Lags Q2 Earnings and Revenue Estimates
Caleres Inc. (CAL) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $0.98 per share a year ago.
Is Caleres (CAL) Outperforming Other Consumer Discretionary Stocks This Year?
Here is how Caleres Inc. (CAL) and Hasbro (HAS) have performed compared to their sector so far this year.
