American footwear firm Caleres’ net sales at $695.5 mn in Q2 FY23

Caleres reported a 5.8 per cent decline in Q2 FY23 net sales at $695.5 million, with significant drops in its Famous Footwear and brand portfolio segments.
Gross profit was $314.2 million in Q2 FY23, while net earnings fell to $33.9 million.
The company’s EBITDA stood at $63.6 million in Q2 FY23, and inventory was down 14.3 per cent year-on-year.

Leave a Reply

Your email address will not be published. Required fields are marked *