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One platform for global traditional assets
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Caleres, Inc. Hits New 52-Week Low at $9.12 Amidst Declining Sales
Caleres, Inc. has reached a new 52-week low of $9.12, marking a 71.69% decline in its stock price over the past year. The company reported a 3.63% decrease in net sales, negative results for two consecutive quarters, and significant drops in pre-tax and net profits. Despite a high dividend yield, Caleres faces ongoing profitability issues and has underperformed broader market indices.