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Caleres Inc
As of May 30, 2026 at 24:05 UTC
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About Caleres Inc
Caleres Inc is a footwear company that operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures, and distributes footwear for people of all ages. The Company's business operations are organized into two reportable segments - Famous Footwear and Brand Portfolio. The Famous Footwear segment is comprised of its Famous Footwear retail stores, famousfootwear.com, and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a cultivated portfolio of known brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear. Geographically, the company generates the majority of its revenue from Domestic operations.
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Latest News
5 articlesDr. Scholl's Shoes (Caleres) and Wrangler (Kontoor Brands) have launched a limited-edition collaborative capsule collection featuring five reimagined Dr. Scholl's shoe silhouettes and a denim jacket with Western-inspired design elements. The collection, available starting March 24, combines Dr. Scholl's comfort heritage with Wrangler's Western aesthetic, with shoe prices ranging from $80-$200 and the jacket retailing at $149.99.
Caleres stock surged 11% after beating Q4 earnings estimates with $695.1M in revenue (8.7% growth) and an adjusted loss of $0.36 per share that exceeded expectations. The company provided optimistic 2026 guidance, projecting a return to profitability with adjusted EPS of $1.35-$1.65 and low to mid-single digit sales growth. Trading below $10 with a forward P/E of roughly 6, analysts view the stock as potentially undervalued.
Caleres (NYSE: CAL) shares surged 8.92% after reporting Q4 2025 results with consolidated sales of $695.06 million, beating estimates. The company's e-commerce strength drove growth, with direct-to-consumer sales representing 74% of total net sales. For FY26, Caleres expects adjusted EPS of $1.35-$1.65 and low to mid-single digit net sales growth, with profit improvement driven by tariff mitigation efforts and plans to bring Stuart Weitzman to breakeven profitability.
Caleres reported a challenging Q2 FY2025, with revenue dropping 3.6% to $658.5 million, earnings per share declining 58.8% to $0.35, and gross margins falling 2.1 percentage points due to tariffs and promotional pressures.
The Schall Law Firm is investigating claims against Caleres, Inc. (CAL) for potential securities law violations. Caleres reported weaker-than-expected Q1 2025 results, leading to an 18.2% stock drop on the same day.