Investors need to pay close attention to Caleres stock based on the movements in the options market lately.
Caleres, Inc.'s Q1 results showed broad-based sales declines, margin deterioration, and rising inventories, especially in the Brand Portfolio segment. Wholesale outlook worsened with increased bad debt expense and customer cancellations, while the company plans to take on more debt for the Stuart Weitzman acquisition. Retail (Famous Footwear) was slightly more resilient but still posted negative comps and margin pressure amid intensifying competition and ongoing sales declines.
Caleres, Inc. (NYSE:CAL ) Q1 2025 Results Conference Call May 29, 2025 10:00 AM ET Company Participants Liz Dunn - SVP, Corporate Development and Strategic Communications Jay Schmidt - President and CEO Jack Calandra - SVP and CFO Conference Call Participants Dana Telsey - Telsey Advisory Group Laura Champine - Loop Capital Markets Mitch Kummetz - Seaport Research Ashley Owens - KeyBanc Capital Markets Operator Greetings, and welcome to Caleres First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
E, CAL and PMTS have been added to the Zacks Rank #5 (Strong Sell) List on May 12, 2025.
Caleres, Inc.'s comparable sales and margins continue to deteriorate, with Brand Portfolio sales down 7% and Famous Footwear sales down 3% in 4Q24. The acquisition of Stuart Weitzman probably raises debt by 50%, adding pressure on margins and requiring significant investment to turn around an unprofitable brand. Despite a low trading multiple, future EPS is expected to be lower due to margin compression and increased leverage, making the stock unattractive.
Caleres, Inc. (NYSE:CAL ) Q4 2024 Earnings Conference Call March 20, 2025 10:00 AM ET Company Participants Liz Dunn - SVP, Corporate Development and Strategic Communications Jay Schmidt - President and CEO Jack Calandra - SVP and CFO Conference Call Participants Ashley Owens - KeyBanc Capital Markets Laura Champine - Loop Capital Markets Mitch Kummetz - Seaport Research Dana Telsey - Telsey Advisory Group Operator Greetings, and welcome to the Caleres, Inc. Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
The holiday season is a make-or-break period for retailers, as consumer spending trends during this time can significantly impact performance. For Caleres Inc. CAL, this period brought unforeseen challenges, leading the company to revise its financial outlook.
CAL posts lower sales for the fiscal third quarter due to soft boot sales. The company reduces its fiscal 2024 outlook.
Caleres, Inc.'s Q3 2024 results showed revenue growth in the retail and wholesale sectors, but missed consensus and lowered guidance, causing a 20% stock drop. Margins remain resilient but are deteriorating, with further declines expected in Q4 due to increased promotions to clear inventories. Guidance was reduced for the second time, with EPS now at $3.5, reflecting lower sales growth and higher discounting pressures.
Caleres, Inc. (NYSE:CAL ) Q3 2024 Earnings Conference Call December 5, 2024 10:00 AM ET Company Participants Liz Dunn - SVP, Corporate Development and Strategic Communications Jay Schmidt - President and CEO Jack Calandra - SVP and CFO Conference Call Participants Chandana Madaka - KeyBanc Capital Markets Laura Champine - Loop Capital Markets Mitch Kummetz - Seaport Research Dana Telsey - Telsey Advisory Group Operator Good morning. And welcome to the Caleres Third Quarter 2024 Earnings Conference Call.
Caleres, Inc. CAL shares are trading lower after the company reported worse-than-expected third-quarter results.
Caleres Inc. (CAL) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.37 per share a year ago.