Caleres guided for low-single-digit CAGR revenue growth and double-digit CAGR in adjusted earnings per share through 2022 and discussed leverage strategies during its investor day in New York City. CAL has delivered over 4% CAGR in sales and over 5% CAGR in adjusted EPS over the past five years, and revenues (excluding existed and discontinued businesses) have grown from $2.3 billion in 2011 to $2.6 billion in 2015 to an estimated $3 billion for 2019. Despite sourcing only 40% of its footwear coming from outside of China, CAL said it feels positive about its sourcing mix, taking into account delivery ... Log in to view full article.