Caleres Boosts FY22 Outlook

Caleres Q1 Results Miss Estimates; Reiterates FY24 Outlook

Footwear brand Caleres Inc. (CAL) reported Thursday that net earnings for the first quarter decreased to $30.94 million or $0.88 per share from $34.73 million or $0.97 per share in the prior-year quarter.

RTTNews | 836 days ago

Caleres Reiterates Q3, FY23 Outlook

Ahead of its Investor Day later on Thursday, footwear brand Caleres Inc. (CAL) reiterated its earnings, adjusted earnings and sales growth guidance for the third quarter and fiscal year 2023. However, it expects to be at the low-end of the sales range for both third quarter and fiscal year 2023, given the challenging consumer demand environment in September.

RTTNews | 1074 days ago

Caleres Q1 EPS Tops Estimates; Reiterates FY23 Adj. EPS Outlook

Footwear brand Caleres Inc. (CAL) reported Thursday that net earnings for the first quarter decreased to $34.73 million or $0.97 per share from $50.51 million or $1.32 per share in the prior-year quarter.

RTTNews | 1200 days ago

U.S. Dollar Ticks Higher Amid Inflation Data Release, Expectations Of Reopening Of Strait Of Hormuz

The U.S. Dollar value inched higher as investors weighed today's inflation data that pushed the odds for a rate hike in the U.S. higher against reports of an upcoming meeting between the Gulf Cooperation Council nations and Iran to hasten the reopening of the Strait of Hormuz.

RTTNews | 2 days ago

TSX Climbs On Tech Rally, Looks Set To End 6-day Losing Streak

The S&P/TSX Composite Index rose 0.36% Friday to 35,634.50 as technology stocks surged 3.5%, contributing significantly to gains. Oil prices fell following International Energy Agency's downward global oil demand forecast revision.

RTTNews | 2 days ago

Swiss Market Ends Modestly Higher

The Switzerland stock market closed modestly higher on Friday, in line with markets across Europe, as a sharp drop in oil prices helped lift sentiment.

RTTNews | 2 days ago

European Markets Rise As Oil Prices Fall On IEA Demand Cut

European markets gained ground Friday after the International Energy Agency cut its global oil demand forecast, sending Brent crude futures down 3.5% to $103.50. The IEA now projects world oil demand will drop 2.5 million barrels per day this year versus its prior estimate of 1.6 million bpd.

RTTNews | 2 days ago

U.S. Consumer Sentiment Deteriorates Much More Than Expected In September

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September. The University of Michigan said its consumer sentiment index slumped to 47.8 in September after tumbling to 51.7 in August. Economists had expected the index to edge down to 51.0.

RTTNews | 2 days ago

EURUSD	1.15945	GBPUSD	1.35201
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