Caleres Expects FY24 Net Sales To Growth Of 0% - 2%; EPS Of $4.30 to $4.60 Vs. $4.15 Est.
Portfolio Pulse from Benzinga Newsdesk
Caleres projects its FY24 net sales to grow between 0% to 2%, with an EPS forecast of $4.30 to $4.60, surpassing the estimated $4.15.
March 19, 2024 | 1:17 pm
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Caleres expects FY24 net sales growth of 0%-2% and an EPS of $4.30-$4.60, exceeding the $4.15 estimate.
Caleres' projection of higher-than-expected EPS for FY24 suggests confidence in its financial performance and operational efficiency, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100