Caleres Outlook Revised Up by S&P Global
The rating agency changed its outlook for the Famous Footwear parent to positive from stable, while affirming its B+ issuer credit rating on the company, citing improved leverage and operating results. Low- to mid-single-digit revenue growth this year on top of a stellar 2021 will be largely driven by the Brand Portfolio, while FF faces fierce competition and could suffer if there are any execution misses at ... Log in to view full article.