sommaiphoto Caleres (NYSE:CAL) reported 2Q24 figures that disappointed the market significantly, with the stock falling 19% on the day after the release. The stock is now down 32% from its peak a few weeks ago at $44. The company's results were disappointing because it had guided for a positive revenue year, but Q2 results were bad enough that the company had to change guidance to a low single-digit down year instead. The company's sales were negative 5% on its branded segment and down close to 3% on a  ...