Caleres Inc is a footwear retailer and wholesaler that specializes in designing, sourcing, and marketing a diverse range of high-quality footwear brands
The company operates a portfolio of well-known brands, catering to various consumer demographics, including casual, athletic, and dress shoes. In addition to its branded offerings, Caleres also manages retail outlets and e-commerce platforms that provide customers with a seamless shopping experience. Through its commitment to innovation, fashion, and quality, Caleres aims to meet the evolving needs of consumers while enhancing its presence in the competitive footwear market.
Footwear company Caleres (NYSE:CAL) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 8.3% year on year to $639.2 million. Next quarter’s revenue guidance of $622.9 million underwhelmed, coming in 4.5% below analysts’ estimates. Its GAAP profit of $0.15 per share was 68.7% below analysts’ consensus estimates.
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today reported its financial results for the fourth quarter and full year 2024 and provided guidance for first quarter and full year 2025.
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on April 11, 2025, to shareholders of record as of March 27, 2025.
The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer.
However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, will release its fourth quarter and year-end 2024 financial results before market open on Thursday, March 20, 2025. Following the announcement, company executives will host a conference call at 10 a.m. Eastern Time to discuss the results and provide a general business update. The earnings release was originally scheduled for March 19. However, the company has rescheduled to accommodate leadership participation in Nordstrom’s Partners in Excellence Award event.
Shareholders of Caleres would probably like to forget the past six months even happened. The stock dropped 59.8% and now trades at $16.98. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it has signed a definitive agreement to acquire Stuart Weitzman from Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, for $105 million, subject to customary adjustments. The acquisition cements Caleres’ leadership position in women’s fashion footwear, particularly in the contemporary segment of the market.
Caleres (NYSE: CAL) and Favorite Daughter today announced an exclusive license agreement for Favorite Daughter’s first shoe line. Caleres will exclusively produce the brand’s women’s shoes starting with the Fall 2025 season. The partnership follows a collaboration between Caleres portfolio brand, Dr. Scholl’s, and Favorite Daughter dropping in May 2025.
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced Brian Costello has joined Famous Footwear as chief merchandising officer. In this role, he will oversee all buying and merchandising, including women’s, men’s and kids’ athletic and fashion footwear and accessories, for the brand’s U.S. and Canada stores and e-commerce sites.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at footwear stocks, starting with Wolverine Worldwide (NYSE:WWW).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Skechers (NYSE:SKX) and the best and worst performers in the footwear industry.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how footwear stocks fared in Q3, starting with Genesco (NYSE:GCO).
Caleres, (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today updated its financial outlook for consolidated sales, earnings per share and adjusted earnings per share for full year 2024.
Caleres (NYSE: CAL) today announced that members of its executive leadership team will participate in the ICR Conference 2025 beginning Jan. 13, 2025, in Orlando, Florida.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Steven Madden (NASDAQ:SHOO) and its peers.
