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Famous Footwear Parent Caleres Suspends Outlook On China Risk, Stock Plunges

Summary

Caleres (NYSE: CAL) reported lower Q1 FY25 results with revenues down 6.8% Y/Y and adjusted EPS missing consensus. Company plans to decrease expenses and suspend guidance due to uncertainty.

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Article published on May 29, 2025 by benzinga

    Famous Footwear Parent Caleres Suspends Outlook On China Risk, Stock Plunges | CAL Stock News | Candlesense