07:44 AM EDT, 05/30/2024 (MT Newswires) -- Caleres ( CAL ) reported fiscal Q1 earnings Thursday of $0.88 per diluted share, down from $0.97 a year earlier.

An analyst surveyed by Capital IQ expected $0.88.

Net sales for the quarter ended May 4 were $659.2 million, down from $662.7 million a year earlier.

Four analysts polled by Capital IQ expected $664.8 million.

For fiscal Q2, the company said it expects earnings of $1.20 to $1.25 per diluted share. An analyst surveyed by Capital IQ expects an EPS of $1.14.

The company said it continues to expect fiscal 2024 diluted EPS of $4.30 to $4.60. An analyst polled by Capital IQ estimates EPS at $4.32.

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