CAL INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Caleres, Inc. and Encourages Investors to Contact the Firm!

Core Insights - Caleres, Inc. reported second quarter sales for 2024 that fell below analyst expectations and subsequently lowered its yearly guidance, leading to a significant stock drop of over 19% during intraday trading on September 12, 2024 [2] Investigation Details - The investigation is being conducted by Bronstein, Gewirtz & Grossman, LLC on behalf of purchasers of Caleres securities, encouraging investors to provide information related to the investigation [1][3] - The stock decline occurred immediately following the disappointing earnings report and guidance adjustment [2] Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if they are successful in the case [4] - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in securities fraud class actions [5]