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.
Caleres Inc. (CAL) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.35 per share a year ago.
Caleres Inc. (CAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Caleres is upgraded from 'Hold' to a soft, speculative 'Buy' due to strong financial performance and attractive valuation. CAL's revenue rose 8.5% year-over-year, driven by the Stuart Weitzman acquisition and organic e-commerce and wholesale growth. Despite macroeconomic risks, CAL's net leverage ratio of 2.06 and expected tariff refunds provide balance sheet flexibility.
Here is how Caleres Inc. (CAL) and Central Garden (CENTA) have performed compared to their sector so far this year.
PRTH, PRG and CAL made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 8, 2026.
Caleres, Inc. delivered solid Q1 '26 results, with Brand Portfolio growth and improved gross margins, but faces ongoing retail headwinds. CAL trades at 8.5x–10x FY26 adjusted EPS guidance ($1.40–$1.65), reflecting fair but not compelling valuation given risks. Brand Portfolio rebounded on easy comps and the Stuart Weitzman acquisition, but Famous Footwear remains challenged with declining sales and margins.
Caleres, Inc. (CAL) Q1 2027 Earnings Call Transcript
Caleres Inc. (CAL) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.22 per share a year ago.
FAF, CAL, CVE, UGP and OTEX stand out with attractive EV-to-EBITDA ratios and strong earnings outlooks.