The forecasted net sales growth of 0% to 1% for Caleres in Q1 FY24 suggests a stable but modestly positive revenue outlook. The expectation that adjusted EPS will remain in line with the previous quarter's levels indicates that the company does not foresee significant changes in profitability. This stability is generally positive but does not strongly suggest a significant upward or downward movement in the stock price in the short term, hence the neutral score.