Caleres posts Q3 adjusted EPS growth of 1.3 percent

Caleres, for its third quarter reported consolidated sales of 775.8 million dollars compared to 774.6 million dollars. The company said Famous Footwear same-store-sales were up 2.8 percent but total sales of 448.8 million dollars, down 5.1 percent as one week of back-to-school sales shifted into the second quarter of this year versus the third quarter of last year. The company’s brand portfolio sales of 327.1 million dollars were up 8.5 percent, including Vionic. Adjusted net earnings of 34.9 million dollars were up 1.6 percent, while adjusted diluted net earnings per share of 0.81 cents were up 1.3 percent.