Caleres shares are trading higher after the company reported mixed Q2 FY23 earnings and reiterated 2023 guidance.
Portfolio Pulse from Benzinga Newsdesk
Caleres reported mixed Q2 FY23 earnings and reiterated its 2023 guidance, leading to a rise in its share prices.
August 31, 2023 | 1:36 pm
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POSITIVE IMPACT
Caleres' mixed Q2 FY23 earnings and reiteration of 2023 guidance has led to an increase in its share prices.
Caleres' mixed earnings report indicates some areas of concern, but the reiteration of its 2023 guidance suggests the company is confident in its future performance. This has likely reassured investors, leading to an increase in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100