Overview of Caleres’ Performance
Footwear retailer Caleres has announced an 8.3% drop in net sales for the fourth quarter, totaling $639.2 million. This decline is attributed to ongoing macroeconomic headwinds that have affected consumer spending.
Alongside the sales drop, Caleres also reported a decline in earnings. The challenges posed by the current economic climate continue to impact the retail sector significantly.
Check out this recommended product on Amazon:
BELAROI Summer Dresses for Women Beach Tshirt Sundress V Neck Casual Swing Tank Dress Swimsuit Cover Ups Pockets