27 November, 2021 - 01 December, 2021
16 December, 2021 - 16 December, 2021
15 January, 2022 - 18 January, 2022
Riva del Garda, Italy
20 January, 2022 - 22 January, 2022
26 January, 2022 - 27 January, 2022
New York, U.S.
The North American headquartered footwear company released its second quarter fiscal 2021 results, with net sales up 34.7% year-on-year at US$675.5 million.
Direct-to-consumer sales drove the results, representing 79% of the total net sales. Second quarter net income totalled US$37.4 million for Caleres, a dramatic shift from the company’s net loss of US$30.7 million in the same period the previous year (pandemic affected).
Although the company remains cautious about upcoming financial recovery due to uncertainty around Covid-19 restrictions and supply chain restrictions, it is confident about continuing growth and expects to delivery record annual adjusted earnings per share for the full 2021 fiscal year.