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Why Caleres Stock Was Falling Today

TheMotleyFool

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Why Caleres Stock Was Falling TodayPhoto, wide shot, wide-angle lens, Retail store, neutral atmosphere, photo by Joe Cornish: https://img.theapi.app/temp/5574eb69-dc38-42f3-aadd-6163ac8bd4a8.png

Shares of Caleres (NYSE: CAL) were sliding today after the footwear retailer delivered strong results in its first quarter, but offered disappointing guidance for the current quarter.

As of 1:08 p.m. EDT on Friday, shares were down 11.5%.

Image source: Getty Images.

Source Fool.com

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