Millennial family appeal was the recurring theme for Famous Footwear, with shifting assortments and channel priorities tailored to the Millennial mom target customer, as part of the three-year financial targets laid out at Caleres' 2023 Investor Day. Net sales are guided on a 4% CAGR to $3,210 million compared to the $2,850 million forecast for FY ’23. The Brand Portfolio is expected to grow at a 7% CAGR with expanded operating margins to 14% from 2023’s 11%. Famous Footwear will see more tempered growth at a 2% CAGR with a roughly ... Log in to view full article.