Caleres reported Q2 FY24 net sales of $683.3 million, down 1.8 per cent year-over-year.
Famous Footwear sales grew 1.5 per cent, while Brand Portfolio dropped 5.1 per cent.
Gross margin improved to 45.5 per cent.
Net earnings were $30 million, or $0.85 per share, compared to $33.9 million and $0.95 per share in Q2 FY23.
Inventory levels remained stable.
Famous Footwear sales grew 1.5 per cent, while Brand Portfolio dropped 5.1 per cent.
Gross margin improved to 45.5 per cent.
Net earnings were $30 million, or $0.85 per share, compared to $33.9 million and $0.95 per share in Q2 FY23.
Inventory levels remained stable.
