Brief: Caleres Introduces FY 2026 Targets With Strategic Growth Plan

Caleres

05/10/2023 12:04

Oct 5 (Reuters) - Caleres Inc  CAL.N :
    * CALERES INTRODUCES FISCAL YEAR 2026 FINANCIAL TARGETS WITH
STRATEGIC GROWTH PLAN
    * REITERATES Q3 AND FISCAL YEAR 2023 OUTLOOK AHEAD OF
INVESTOR DAY
    * REITERATES Q3 AND FISCAL YEAR 2023 OUTLOOK AHEAD OF
INVESTOR DAY
    * : INTRODUCING A THREE-YEAR STRATEGIC AND FINANCIAL PLAN
    * SEES LONG-TERM DILUTED ADJUSTED EPS TO INCREASE AT A
THREE-YEAR
CAGR OF 11 PERCENT TO 13 PERCENT TO REACH $6.00 AT MID-POINT OF
RANGE
    * EXPECTS TO BE AT LOW-END OF SALES RANGE FOR BOTH Q3 AND
FISCAL
YEAR 2023
    * SEES LONG-TERM NET SALES TO GROW AT A THREE-YEAR CAGR OF 3
PERCENT TO 5 PERCENT
    * SEES LONG-TERM ANNUAL TOTAL SHAREHOLDER RETURN IN
LOW-TO-MID-TEENS
    * Q3 EARNINGS PER SHARE VIEW $1.31, REVENUE VIEW $779.7
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $4.52, REVENUE VIEW $2.97
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw9skXn4a 
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