Caleres Expects Long-Term Net Sales To Grow At Three-year CAGR Of 3-5%, Adjusted EPS To Increase At Three-year CAGR Of 11-13% To Reach $6.00 At Mid-point Of Range
Portfolio Pulse from Benzinga Newsdesk
Caleres expects its long-term net sales to grow at a three-year CAGR of 3-5%, and its adjusted EPS to increase at a three-year CAGR of 11-13% to reach $6.00 at the mid-point of the range.
October 05, 2023 | 10:50 am
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Caleres projects its long-term net sales to grow at a three-year CAGR of 3-5%, and its adjusted EPS to increase at a three-year CAGR of 11-13% to reach $6.00 at the mid-point of the range.
The company's projected growth in net sales and adjusted EPS indicates a positive outlook, which could potentially attract investors and drive up the stock price in the short term.
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