Caleres reports third quarter results and updates guidance

St. louis--(business wire)--caleres (nyse: cal), a market-leading portfolio of consumer-driven footwear brands, today reported financial results for the third quarter 2024. reported sales of $740.9 million, down 2.8% year-on-year; famous footwear sales declined 4.8% versus the third quarter of 2023 with comparable store sales up 2.5%; brand portfolio sales increased 0.7% versus the third quarter of 2023; third quarter consolidated gross margin rate of 44.1%, down 55 basis points year-on-year; r.
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