Caleres Q1 EPS $0.88 Misses $0.91 Estimate, Sales $659.20M Miss $665.45M Estimate

5/30/24 6:49:51 AM ET

Shoe Manufacturing

Consumer Discretionary

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Caleres (NYSE:CAL) reported quarterly earnings of $0.88 per share which missed the analyst consensus estimate of $0.91 by 3.3 percent. This is a 9.28 percent decrease over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $659.20 million which missed the analyst consensus estimate of $665.45 million by 0.94 percent. This is a 0.53 percent decrease over sales of $662.73 million the same period last year.

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Recent Analyst Ratings for
$CAL

Date	Price Target	Rating	Analyst
9/3/2024	$45.00	Buy → Hold	Loop Capital
2/7/2024		Sector Weight	KeyBanc Capital Markets
5/25/2023	$35.00 → $25.00	Overweight → Neutral	Piper Sandler
2/21/2023	$26.00 → $35.00	Neutral → Overweight	Piper Sandler
10/25/2022	$28.00	Neutral	Piper Sandler
6/24/2022	$35.00	Buy	Seaport Research Partners

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$CAL
Leadership Updates

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Naturalizer Advances Its Mission of Changing the Fashion Narrative With the Announcement of Global Inclusivity Ambassador Collective and Revolutionary Fit Advancements
Deepica Mutyala and Lauren Chan lend their voices as the first women to join the collective Naturalizer, a lead brand in the Caleres (NYSE:CAL) portfolio, debuts its global inclusivity ambassador collective with founding members Deepica Mutyala and Lauren Chan. This collective propels the brand's nearly 100-year commitment to creating a more comfortable future for women by designing shoes to the contours of a woman's foot. Naturalizer continues its focus on representation and size access for every woman to feel seen in fashion. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240815878454/en/Deepica Mutyala, founder of Live Tint
8/15/24 7:30:00 AM ET
$CAL
Shoe Manufacturing
Consumer Discretionary
Dr. Scholl's Shoes Celebrates 100 Years of Iconic Fashion and Innovative Comfort
Announces series of collaborations to commemorate significant milestone Dr. Scholl's Shoes, the American heritage footwear brand and a Caleres (NYSE:CAL) portfolio brand, celebrates 100 years of comfort and style. The always iconic brand invites consumers to join in the yearlong celebration of this milestone, kicking off today with the launch of the 100th Anniversary Collection followed by a series of collaboration drops throughout the year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240312297310/en/Dr. Scholl's Shoes Celebrates 100 Years of Iconic Fashion and Innovative Comfort (Photo: Business Wire) "Dr. Scholl's joins a
3/12/24 7:15:00 AM ET
$CAL
Shoe Manufacturing
Consumer Discretionary
Caleres Honored by the Women's Forum of New York for Active Leadership to Attain Gender Parity on its Corporate Board
Caleres recognized for notable achievement with 60 percent female board representation Today, Caleres (NYSE:CAL) and Diane Sullivan were honored by the Women's Forum of New York at its annual Breakfast of Corporate Champions for achieving gender parity on its board. Caleres, which has a representation of 60 percent women on its board, was applauded as a corporate game changer that is making special efforts to advance women in the boardroom. Caleres was one of only 44 companies recognized out of the 240+ companies in attendance to have achieved or exceeded gender parity on its board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2
11/10/21 9:00:00 AM ET
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Shoe Manufacturing
Consumer Discretionary

$CAL
Financials

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Caleres to Announce Third Quarter 2024 Results on Dec. 5, 2024
Caleres (NYSE:CAL), a market-leading portfolio of consumer-driven footwear brands, today announced its plans to release its third quarter 2024 financial results before the market opens on Thursday, Dec. 5, 2024. Company executives will host a conference call at 10 a.m. Eastern time that day to discuss the quarterly results and provide a general business update. The dial-in number for North America is (877) 704-4453 or (201) 389-0920 for international participants, no passcode necessary. To participate, please dial in a few minutes before the scheduled conference call time. Caleres Associates, news media and the public are invited to listen to the call, which will also be accessible through
11/6/24 5:00:00 PM ET
$CAL
Shoe Manufacturing
Consumer Discretionary
Caleres Reports Second Quarter Results and Updates Guidance
Caleres (NYSE:CAL), a market-leading portfolio of consumer-driven footwear brands, today reported financial results for the second quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240911641867/en/Sam Edelman Sylvia Knee High Boot (Photo: Business Wire) Reported Sales of $683.3 million, down 1.8% year-on-year; Famous Footwear sales increased 1.5% versus the second quarter of 2023 with a later than expected back- to-school season; Brand Portfolio sales declined 5.1% versus the second quarter of 2023 due to operational reporting challenges in connection with its SAP ERP implementation, and pockets of weak seasonal d
9/12/24 6:45:00 AM ET
$CAL
Shoe Manufacturing
Consumer Discretionary
Caleres Declares Regular Quarterly Dividend
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 September 27, 2024, to shareholders of record as of September 13, 2024. The company has paid a consecutive quarterly dividend for more than 100 years. About Caleres Caleres is a market-leading portfolio of global footwear brands that includes Famous Footwear, Sam Edelman, Allen Edmonds, Naturalizer and Vionic. Our products are available virtually everywhere - in the nearly 1,000 retail stores we operate, in hundreds of major department and specialty stores, on our branded e-commerc
8/29/24 4:30:00 PM ET
$CAL
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$CAL
Press Releases

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Caleres Elects Kyle Gendreau and Molly Langenstein to the Board of Directors
Caleres (NYSE:CAL) today announced the election of two new members to its board of directors, increasing its board size to twelve. Kyle Gendreau is currently chief executive officer and executive director of Samsonite International S.A., a leader in the global lifestyle bag industry and the world's largest travel luggage company. Under his leadership, Samsonite has driven growth through consumer-centric channel diversification, global expansion, and by acquiring and investing in a portfolio of brands. He has championed the company's sustainability initiatives and diversified its sourcing base. Prior to his appointment as CEO in 2018, he served as the company's chief financial officer where
11/7/24 4:30:00 PM ET
$CAL
Shoe Manufacturing
Consumer Discretionary
Caleres to Announce Third Quarter 2024 Results on Dec. 5, 2024
Caleres (NYSE:CAL), a market-leading portfolio of consumer-driven footwear brands, today announced its plans to release its third quarter 2024 financial results before the market opens on Thursday, Dec. 5, 2024. Company executives will host a conference call at 10 a.m. Eastern time that day to discuss the quarterly results and provide a general business update. The dial-in number for North America is (877) 704-4453 or (201) 389-0920 for international participants, no passcode necessary. To participate, please dial in a few minutes before the scheduled conference call time. Caleres Associates, news media and the public are invited to listen to the call, which will also be accessible through
11/6/24 5:00:00 PM ET
$CAL
Shoe Manufacturing
Consumer Discretionary
Caleres Reports Second Quarter Results and Updates Guidance
Caleres (NYSE:CAL), a market-leading portfolio of consumer-driven footwear brands, today reported financial results for the second quarter 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240911641867/en/Sam Edelman Sylvia Knee High Boot (Photo: Business Wire) Reported Sales of $683.3 million, down 1.8% year-on-year; Famous Footwear sales increased 1.5% versus the second quarter of 2023 with a later than expected back- to-school season; Brand Portfolio sales declined 5.1% versus the second quarter of 2023 due to operational reporting challenges in connection with its SAP ERP implementation, and pockets of weak seasonal d
9/12/24 6:45:00 AM ET
$CAL
Shoe Manufacturing
Consumer Discretionary

Caleres Q1 EPS $0.88 Misses $0.91 Estimate, Sales $659.20M Miss $665.45M Estimate

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Recent Analyst Ratings for $CAL

$CAL Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Caleres Inc.

SEC Form SC 13G filed by Caleres Inc.

SEC Form SC 13G/A filed by Caleres Inc. (Amendment)

$CAL Leadership Updates

Live Leadership Updates

Naturalizer Advances Its Mission of Changing the Fashion Narrative With the Announcement of Global Inclusivity Ambassador Collective and Revolutionary Fit Advancements

Dr. Scholl's Shoes Celebrates 100 Years of Iconic Fashion and Innovative Comfort

Caleres Honored by the Women's Forum of New York for Active Leadership to Attain Gender Parity on its Corporate Board

$CAL Financials

Live finance-specific insights

Caleres to Announce Third Quarter 2024 Results on Dec. 5, 2024

Caleres Reports Second Quarter Results and Updates Guidance

Caleres Declares Regular Quarterly Dividend

$CAL Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Schmidt John W bought $47,075 worth of shares (2,000 units at $23.54) and sold $1,011,148 worth of shares (26,332 units at $38.40), decreasing direct ownership by 7% to 335,663 units (SEC Form 4)

$CAL Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SVP, Chief Financial Officer Calandra Jack covered exercise/tax liability with 4,676 shares, decreasing direct ownership by 9% to 46,076 units (SEC Form 4)

Executive Chair Sullivan Diane M sold $605,079 worth of shares (17,068 units at $35.45), decreasing direct ownership by 10% to 150,449 units (SEC Form 4)

Director Hendra Carla C sold $176,894 worth of shares (5,349 units at $33.07), closing all direct ownership in the company (SEC Form 4)

$CAL Market Insights

Live Market Insights

Why Is Footwear Company Caleres Stock Falling After Q1 Results?

Caleres Reaffirmed FY24 Net Sales Growth Of 0% - 2%; EPS Of $4.30 to $4.60 Vs. $4.01 Est

Caleres Expects Q2 FY24 Net Sales Growth Of 3% To 4%, Adj EPS Of $1.20 To $1.25

$CAL SEC Filings

Caleres Inc. filed SEC Form 8-K: Leadership Update, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

SEC Form 10-Q filed by Caleres Inc.

Caleres Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$CAL Analyst Ratings

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Caleres downgraded by Loop Capital with a new price target

KeyBanc Capital Markets initiated coverage on Caleres

Caleres downgraded by Piper Sandler with a new price target

$CAL Press Releases

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Caleres Elects Kyle Gendreau and Molly Langenstein to the Board of Directors

Caleres to Announce Third Quarter 2024 Results on Dec. 5, 2024

Caleres Reports Second Quarter Results and Updates Guidance

Recent Analyst Ratings for
$CAL

$CAL
Large Ownership Changes

$CAL
Leadership Updates

$CAL
Financials

$CAL
Insider Purchases

$CAL
Insider Trading

$CAL
Market Insights

$CAL
SEC Filings

$CAL
Analyst Ratings

$CAL
Press Releases