Caleres (CAL) Stock Lags Behind Its Brand Portfolios Surge

News Source : Yahoo Entertainment

News Summary

Net sales rose 5.6% to $695.5 million, and adjusted diluted earnings per share jumped to $0.47.
The brand portfolio, which houses names like Sam Edelman, Allen Edmonds, Naturalizer, Vionic and Stuart Weitzman, brought in $340.6 million in sales, up 23.6%.
Yet Famous Footwear, the chain that made Caleres a household name, kept losing ground while the newer brand portfolio did the heavy lifting.

On September 9, Caleres (NYSECAL) held its secondquarter earnings call, and the numbers told two very different stories under one roof. Net sales rose 5.6% to $695.

Must read Articles

Gary Oldman Says HBOs Harry Potter TV Series Will Be More Satisfying Than The Movies

News Source : By Armando Tinoco from Deadline

All the Biggest TIFFs Movie Premieres on September 11 Chase Infiniti, Taron Egerton, Lisa, Rebel Wilson & More Debut New Movies

News Source : By Maddy Lennon from Just Jared

Gerard Butlers Forgotten Dystopian SciFi Movie Is Streaming For Free

News Source : By [email protected] (Kieran Fisher) from BGR

Ghost Rider release date and everything else we know so far about the new Marvel movie starring Ryan Gosling

News Source : By [email protected] (Tom Power) , Tom Power from TechRadar

Is Practical Magic 2 Streaming? Where to Watch Sandra Bullock & Nicole Kidmans Sequel

News Source : By Maddy Lennon from Just Jared

Russell Crowe Charms 1,400Strong Venice Audience With What Love Builds Doc Charting His Musical Career

News Source : By Melanie Goodfellow from Deadline

Jennifer Lawrence Heads Out for Walk Around NYC After Joining Instagram

News Source : By Tommy Pisani from Just Jared

7 slowburn thrillers to keep you hooked for weeks

News Source : By Bryan M. Wolfe from MakeUseOf

RHYTHM Is the Walkman the Smartphone Era Forgot to Build

News Source : By JC Torres from Yanko Design

Everything You Need To Travel With A Roku

News Source : By [email protected] (Briley Kenney) from BGR

This New App Is the First to Send Custom Recipes to Fujifilm Cameras Wirelessly

News Source : By Jeremy Gray from PetaPixel

How India and Pakistan Shaped Influential Fashion Photographer Frank Horvats Career

News Source : By Pesala Bandara from PetaPixel

The Meta glasses revolution is it okay to film people in public?

News Source : By Olivia Copeland - BBC News NI from BBC News

Selenas Brother A.B. Quintanilla Is Suing His Sister Suzette for a 25% Cut of the Profits from the Singers Music and Legacy

News Source : By Nadia Santiago from Thoughtcatalog.com

Iron Boy Review A Beautifully HandPainted ComingofAge Story with a Dash of Magical Realism

News Source : By Christian Zilko from IndieWire

Nishikawa Miwa Confronts Japans Failure to Protect Its War Orphans in Toronto Platform Opener Children Untold

News Source : By Naman Ramachandran from Variety

Ric Burns, N.Y.C. Optimist

News Source : By Eric Lach from The New Yorker

Why This NikeAffiliated Artist Built a Bootleg Chanel Store

News Source : By from Highsnobiety

Ocean Way Festival With The Killers & Olivia Dean Canceled, Refund Details Revealed

News Source : By Maddy Lennon from Just Jared