Caleres net income dropped 12% to $30,798,000 from $34,972,000 in the first quarter on total sales that inched down 1% to $659,198,000 from $662,734,000, despite a small improvement from Famous Footwear. FF’s revenues grew less than 1% to $349.6 million as a comp decline of 2.3% was offset by 11% growth in e-commerce. Athletics trended ahead of fashion, while kids’ continued to outperform with a high-singles gain and picked up 1.9% share in shoe chains according to Circana. Seasonal styles were the biggest drag to the top line, with a double-digit ... Log in to view full article.