Net loss at parent Caleres was $30,717,000 in the second quarter ended Aug. 1 against a profit of $25,341,000 last year on revenues that tumbled by a third to $501,448,000 from $752,485,000 including a 20% decline at Famous Footwear and a 49% drop at the Brand Portfolio. Most doors had reopened by mid-June, and e-commerce—including drop shipments for wholesale customers—accelerated 80% year-over-year and was up 37% from Q1. Blended gross margin was down 420 basis points to 36.4%. SG&A was down by over $60 million, but CAL incurred $5.4 million of expenses related to the coronavirus, and took a $6.6 ... Log in to view full article.