Caleres Reaffirmed FY24 Net Sales Growth Of 0% - 2%; EPS Of $4.30 to $4.60 Vs. $4.01 Est
Portfolio Pulse from Benzinga Newsdesk
Caleres has reaffirmed its FY24 net sales growth forecast of 0% to 2% and expects EPS to be between $4.30 and $4.60, compared to the estimated $4.01.
May 30, 2024 | 10:57 am
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Caleres reaffirmed its FY24 net sales growth forecast of 0% to 2% and expects EPS to be between $4.30 and $4.60, which is higher than the estimated $4.01.
The reaffirmation of net sales growth and higher-than-expected EPS guidance is a positive indicator for Caleres, suggesting potential stock price appreciation in the short term.
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