ST LOUIS (AP) _ Caleres Inc. (CAL) on Tuesday reported fiscal fourth-quarter net income of $33.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the St. Louis-based company said it had profit of 88 cents. Earnings, adjusted for pretax expenses and to extinguish debt, came to 91 cents per share.
The footwear wholesaler and retailer posted revenue of $679.3 million in the period.
Caleres Inc. expects full-year earnings to be $3.75 to $4 per share.
Caleres Inc. shares have fallen 13% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $19.73, a climb of almost 6% in the last 12 months.
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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
