Caleres, Inc. (CAL) Q2 2027 Earnings Call Transcript
Caleres, Inc. delivered a strong Q2, with adjusted EPS beating forecasts despite revenue missing estimates by $7 million. CAL's profitability surged, aided by one-time tariff refunds, but adjusted EPS rose to $0.47, exceeding consensus by $0.10. Famous Footwear faces declining comps and store count, yet overall store growth and a recent acquisition offset these headwinds.
Caleres NYSE: CAL reported second-quarter adjusted earnings above its expectations, as growth in its brand portfolio and margin expansion offset weaker sales at Famous Footwear. President and CEO Jay Schmidt described 2026 as a “build back year” focused on restoring earnings power, integrating Stuart Weitzman and establishing a foundation for longer-term profitable growth.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | John W. Schmidt CEO | XFRA Exchange | 129500104 CUSIP |
| US Country | 10,000 Employees | 11 Sep 2026 Last Dividend | 3 Apr 2007 Last Split | 7 Sep 1984 IPO Date |
Caleres, Inc. is a prominent figure in the footwear industry, offering its services both in retail and wholesale across the United States, Canada, East Asia, and internationally. Initially known as Brown Shoe Company, Inc., the organization underwent a name change to Caleres, Inc. in May 2015, marking a significant milestone in its journey since its inception in 1878. Headquartered in Saint Louis, Missouri, Caleres, Inc. operates through two main segments: Famous Footwear and Brand Portfolio. These segments encompass a wide range of footwear offerings, including licensed, branded, and private-label athletic, casual, and dress footwear products. The company's operations extend beyond physical retail outlets to include a robust online presence through various e-commerce websites, catering to a diverse clientele seeking quality and branded footwear solutions.
Caleres, Inc. boasts an extensive portfolio of footwear, spanning from athletic to casual and dress options, made available under various licensed, in-house, and exclusively branded collections:
In addition to its broad retail operations, Caleres, Inc. plays a significant role in wholesaling, designing, sourcing, manufacturing, and marketing footwear to various retail stores—ranging from online retailers and national chains to department stores, mass merchandisers, and independent retailers. This comprehensive approach enables Caleres to maintain a strong presence in the footwear market, meeting the needs of a wide range of customers through both physical and online channels.