Caleres, Inc. (CAL) Q2 2024 Earnings Call Transcript Summary
Caleres, Inc. (CAL) Q2 2024 Earnings Call Transcript Summary
Despite sales decline, consolidated gross margin slightly improved by 30 basis points due to strong results in the Brand Portfolio segment.The following is a summary of the Caleres, Inc. (CAL) Q2 2024 Earnings Call Transcript:
以下是Caleres, Inc.（CAL）2024年第二季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Caleres reported Q2 sales below expectations with overall revenue at $683 million, marking a 1.8% year-over-year decline.
Earnings per share were at $0.85.
Despite sales decline, consolidated gross margin slightly improved by 30 basis points due to strong results in the Brand Portfolio segment.
Brand Portfolio's sales decreased by 5.1%, and Famous Footwear's total sales increased slightly by 1.5%, but comp sales declined by 2.9%.
Caleres報告稱，第二季度銷售額低於預期，總收入爲6.83億美元，同比下降1.8％。
每股收益爲0.85美元。
儘管銷售額下降，但由於品牌組合板塊的強勁業績，合併毛利率略有提高了30個點子。
品牌組合的銷售額下降了5.1％，Famous Footwear的總銷售額略有增長1.5％，但綜合銷售額下降了2.9％。
Business Progress:
業務進展：
Introduced cloud-based ERP system upgrade to enhance operational efficiency, although initial implementation mishaps occurred.
Restructuring announced to save approximately $7.5 million annually and $2 million in the current fiscal year.
Famous Footwear displayed signs of resilience, showing a 1.5% increase in sales and a 10% growth in e-commerce sales year-over-year.
Launched exclusive campaigns with inclusivity ambassadors for Naturalizer, enhancing brand awareness and market penetration.
儘管在最初的實施中發生了意外，但還是推出了基於雲的ERP系統升級，以提高運營效率。
重組宣佈每年節省約750萬美元，在本財年節省200萬美元。
Famous Footwear表現出彈性的跡象，銷售額同比增長了1.5％，電子商務銷售額增長了10％。
與Naturalizer的包容性大使一起發起了獨家活動，提高了品牌知名度和市場滲透率。
Opportunities:
機會：
Strategic partnerships enhanced, specifically through increased wholesale door counts for Allen Edmonds and a strong presence in key accounts like Nordstrom.
Expansion of the international footprint, notably the growth of Sam Edelman in Asia, aligning with global expansion strategies.
Continued growth in e-commerce sales, particularly for Famous Footwear.
戰略合作伙伴關係得到加強，特別是通過增加艾倫·埃德蒙茲的批發門數以及在諾德斯特龍等關鍵客戶中的強大影響力。
擴大國際足跡，尤其是山姆·愛德曼在亞洲的增長，與全球擴張戰略保持一致。
電子商務銷售持續增長，尤其是著名鞋類的銷售。
Risks:
風險：
Issues with ERP system upgrade initially impacted visibility and operations, contributing to sales decline.
Delayed back-to-school season and weak performance in seasonal products (especially sandals) indicate potential vulnerabilities in market timing and product mix adjustments.
ERP 系統升級的問題最初影響了可見性和運營，導致銷售下降。
返校季延遲和季節性產品（尤其是涼鞋）表現疲軟，表明市場時機和產品組合調整存在潛在的脆弱性。
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譯文內容由第三人軟體翻譯。