Caleres reports q1 loss per share $8.95

Caleres reports first quarter 2020 results.q1 loss per share $8.95.q1 sales $397.2 million versus refinitiv ibes estimate of $426.9 million.q1 earnings per share estimate $-0.86 -- refinitiv ibes data.company is not providing formal financial guidance for fiscal year 2020.caleres - q1 brand portfolio sales of $217.2 million, down 36.3 percent.reduced inventory by 9.7 percent at quarter end from same period last year.reduced capital spending cutting 40 percent from planned 2020 budget.
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