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Why Caleres Stock Was Moving Higher Today

TheMotleyFool

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Why Caleres Stock Was Moving Higher TodayPhoto, wide shot, wide-angle lens, Toy manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.theapi.app/temp/2788fcd3-d339-4592-8f5c-a3b9125dc61f.png

Shares of Caleres (NYSE: CAL) were surging today after the diversified footwear retailer topped estimates on the top and bottom lines in its fourth quarter earnings report.

As a result, the stock was up 9.2% as of 12:44 p.m. ET.

Image source: Getty Images.

Source Fool.com