Loop Capital analyst Laura Champine kept her Hold rating and $37 price target on Caleres after its Q2 earnings miss this evening, saying that while the company's growth prospects include Sam Edelman and Allen Edmonds brands, store closures this year should keep FY18 sales flat. The analyst raises her FY19 EPS view to $2.49 from $2.46 to reflect the company's expense reductions as it "streamlines its distribution and corporate facilities", but states that a clear evidence of accelerated sales growth is needed for her to become more constructive on the stock.