Caleres (NYSE:CAL) reported quarterly adjusted earnings of $0.65 per share which met the analyst consensus estimate. This is a 28.57 percent decrease over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $696.40 million which beat the analyst consensus estimate of $689.71 million by 0.97 percent. This is a 2.52 percent increase over sales of $679.28 million the same period last year.
Why Is RBC Bearings Stock Trading Higher Today?
RBC Bearings reported Q4 results with net sales up 4.9%, gross margin and EBITDA margin expanding. Backlog at $726.1M. Adjusted EPS beat estimates.