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Caleres Inc.: Fiscal 1Q Earnings Snapshot

ST LOUIS (AP) _ Caleres Inc. (CAL) on Thursday reported a fiscal first-quarter loss of $345.8 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the St. Louis-based company said it had a loss of $8.95. Losses, adjusted for asset impairment costs and non-recurring costs, came to $1.30 per share.

The footwear wholesaler and retailer posted revenue of $397.2 million in the period.

Caleres Inc. shares have dropped 60% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.49, a decrease of 52% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAL at https://www.zacks.com/ap/CAL