Caleres reports preliminary q4 consolidated net sales of about $700 mln, down 3%

Caleres reports preliminary fourth quarter 2019 net sales results.qtrly consolidated net sales of approximately $700 million, down 3%.sees q4 famous footwear net sales of approximately $370 million, with same-store-sales up 5.1%.sees q4 brand portfolio net sales of approximately $346 million, down approximately 9%."holiday sales at a number of our retail partners were disappointing and our selling in value channel has been difficult".in q4, company completed a voluntary early retirement program.caleres- in q4 took other restructuring actions resulting in anticipated annualized savings of $8-$10 million.
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