Earnings summaries and quarterly performance for CALERES.
Executive leadership at CALERES.
John W. Schmidt
Detailed
President and Chief Executive Officer
CEO
DL
Daniel L. Karpel
Detailed
Senior Vice President and Chief Accounting Officer
DR
Daniel R. Friedman
Detailed
Chief Sourcing & Supply Chain Officer
JP
Jack P. Calandra
Detailed
Senior Vice President, Chief Financial Officer
MR
Michael R. Edwards
Detailed
Division President — Famous Footwear
TC
Thomas C. Burke
Detailed
Senior Vice President, General Counsel and Secretary
Board of directors at CALERES.
BC
Brenda C. Freeman
Detailed
Director
BK
Bruce K. Thorn
Detailed
Director
KF
Kyle F. Gendreau
Detailed
Director
LA
Lisa A. Flavin
Detailed
Director
LH
Lori H. Greeley
Detailed
Director
MR
Mahendra R. Gupta
Detailed
Director
ML
Molly Langenstein
Detailed
Director
SW
Steven W. Korn
Detailed
Director
WM
Ward M. Klein
Detailed
Chair of the Board
WH
Wenda Harris Millard
Detailed
Director
Research analysts who have asked questions during CALERES earnings calls.
MK
Mitchel Kummetz
Seaport Research Partners
10 questions for CAL
Also covers: BOOT, COLM, GCO +3 more
Dana Telsey
Telsey Advisory Group
9 questions for CAL
Also covers: , AEO, AKA +44 more
LC
Laura Champine
Loop Capital Markets LLC
8 questions for CAL
Also covers: BMBL, COST, CROX +7 more
CB
Christopher Brazeau
KeyBanc Capital Markets
5 questions for CAL
Also covers: FIGS
AO
Ashley Owens
KeyBanc Capital Markets
3 questions for CAL
Also covers: AKA, BOOT, BRLT +7 more
CN
Chandana Naga Madaka
KeyBanc Capital Markets
1 question for CAL
CN
Chandana Naga Madaka
Jefferies
1 question for CAL
Also covers: OXM
JH
Joshua Herrity
Telsey Advisory Group
1 question for CAL
Recent press releases and 8-K filings for CAL.
Caleres Reports Q3 2026 Sales and Earnings, Provides Q4 and Full-Year Outlook
CAL
Earnings
Guidance Update
M&A
- Caleres reported Q3 2026 sales of $790.1 million, an increase of 6.6% year-over-year, with organic sales (excluding Stuart Weitzman) up 0.4%. Diluted earnings per share were $0.38, or $0.67 excluding the impact of Stuart Weitzman.
- The Stuart Weitzman acquisition contributed $45.8 million in sales in Q3 2026 but was dilutive to earnings. The company plans for Stuart Weitzman to achieve break-even in 2026 through significant synergistic savings and improved operating performance.
- Tariffs continued to pressure gross margins, resulting in a 175 basis point impact on Brand Portfolio gross margin in Q3 2026, with a similar impact expected in Q4 2026 and anticipated improvement in 2026.
- For Q4 2026, Caleres expects a loss per share in the range of $0.35-$0.40, including $0.30-$0.35 of dilution from Stuart Weitzman. The full-year 2026 diluted EPS is projected to be $0.55-$0.60, or $1.15-$1.25 excluding Stuart Weitzman.
- The company is focused on structural cost savings and leveraging its scale, with new centers of excellence expected to drive material efficiencies and growth in 2026.
Dec 9, 2025, 3:00 PM
Caleres Reports Q3 2026 Results with Sales Growth and Stuart Weitzman Integration Update
CAL
Earnings
M&A
Guidance Update
- Caleres reported Q3 2026 sales of $790.1 million, a 6.6% increase year-over-year, with organic sales (excluding Stuart Weitzman) up 0.4%. Diluted earnings per share (EPS) were $0.38, or $0.67 excluding Stuart Weitzman.
- The Brand Portfolio achieved 4.6% organic sales growth and 18.8% growth including Stuart Weitzman, while Famous Footwear sales declined 2.2% with comparable sales down 1.2%. Both segments saw sequential improvement in trends.
- The Stuart Weitzman acquisition contributed $45.8 million in sales and was modestly accretive to gross margin but dilutive to earnings. Caleres plans for the brand to reach break-even in 2026 through synergistic savings and inventory cleanup, with most inventory action expected in Q4 2025.
- Consolidated gross margin was 42.7%, down 140 basis points year-over-year, primarily due to higher tariff-related costs and inventory reserves. SG&A expenses increased by $42.6 million, with $10 million organic and the rest from Stuart Weitzman.
- The company is implementing structural cost savings and establishing new centers of excellence expected to drive material efficiencies and improved profitability in 2026, alongside a focus on lead brands, international growth, and direct-to-consumer channels.
Dec 9, 2025, 3:00 PM
Caleres Reports Q3 2025 Results and Provides Full-Year 2025 EPS Guidance
CAL
Earnings
Guidance Update
Demand Weakening
- Caleres reported Q3 2025 sales of $790 million, an increase of 6.6% compared to Q3 2024, with adjusted diluted EPS of $0.38. Excluding Stuart Weitzman, sales were $744 million (up 0.4% vs Q3 2024) and adjusted diluted EPS was $0.67.
- The adjusted operating margin for Q3 2025 was 3.3% (including Stuart Weitzman). Inventory increased 15.8% to $678 million compared to Q3 2024.
- Famous Footwear sales decreased 2.2% with comparable sales down 1.2% in Q3 2025. In contrast, the Brand Portfolio segment saw sales increase 18.8% (including Stuart Weitzman) and 4.6% (excluding Stuart Weitzman).
- The company achieved double-digit growth in owned e-commerce and lead brands, alongside a 0.5% increase in Women's Fashion Footwear market share (excluding Stuart Weitzman).
- Caleres updated its full-year 2025 adjusted diluted EPS guidance to $0.55 to $0.60 (including Stuart Weitzman) and $1.15 to $1.25 (excluding Stuart Weitzman).
Dec 9, 2025, 3:00 PM
Caleres Reports Q3 2026 Results and Provides Q4 Outlook
CAL
Earnings
Guidance Update
M&A
- Caleres reported Q3 2026 sales of $790.1 million, an increase of 6.6%, with organic sales (excluding Stuart Weitzman) up 0.4%.
- This was the first quarter to include Stuart Weitzman, which contributed $45.8 million in sales but was dilutive to earnings, with a plan to achieve break-even in 2026.
- Brand Portfolio sales grew 4.6% organically and 18.8% including Stuart Weitzman, while Famous Footwear sales declined 2.2% with comparable sales down 1.2%.
- Consolidated gross margin was 42.7%, down 140 basis points year-over-year, primarily due to higher tariff-related costs and lower margins in both segments.
- For Q4 2026, Caleres expects a loss per share in the range of $0.35-$0.40, including $0.30-$0.35 dilution from Stuart Weitzman, and full-year EPS guidance of $0.55-$0.60.
Dec 9, 2025, 3:00 PM
Caleres Reports Q3 2026 Financial Results and Provides FY25 Guidance
CAL
Earnings
M&A
Guidance Update
- Caleres reported consolidated sales of $790.1 million for the third quarter ended November 1, 2025, representing a 6.6% increase compared to the prior year.
- The Brand Portfolio segment's sales increased by 18.8%, which included a $45.8 million contribution from the Stuart Weitzman acquisition, while Famous Footwear sales declined by 2.2%.
- GAAP earnings per diluted share for the quarter were $0.07, and adjusted earnings per diluted share were $0.38. Excluding the impact of Stuart Weitzman, adjusted earnings per diluted share were $0.67.
- The company completed the Stuart Weitzman acquisition in August for a preliminary purchase price of $108.9 million, net of cash acquired.
- For Fiscal Year 2025, Caleres provided guidance for adjusted diluted earnings per share between $0.55 and $0.60, and between $1.15 and $1.25 excluding Stuart Weitzman.
Dec 9, 2025, 12:41 PM
Caleres Revises FY25 Earnings Guidance and Reports Q3 Performance
CAL
Earnings
Guidance Update
M&A
- Caleres reported strong third-quarter revenue of $790.1 million, surpassing expectations, but lowered its full-year 2025 adjusted EPS guidance to $0.55 to $0.60, significantly missing the $1.73 consensus.
- The revised guidance is attributed to challenges including tariff pressures and acquisition costs from Stuart Weitzman, with the company forecasting a loss per share in Q4 2025.
- The company's operating margin for Q3 declined to 1.5%, down from 8% in the same quarter last year, and free cash flow remained negative at -$13.93 million.
- Caleres projects adjusted EPS for fiscal year 2025 excluding Stuart Weitzman contributions to be between $1.15 and $1.25.
Dec 9, 2025, 11:58 AM
Caleres Reports Third Quarter 2025 Results
CAL
Earnings
Guidance Update
M&A
- Caleres reported consolidated sales of $790.1 million for the third quarter of 2025, marking a 6.6% increase compared to the prior year.
- The Brand Portfolio segment's net sales increased by 18.8%, including a $45.8 million contribution from the Stuart Weitzman acquisition, while the Famous Footwear segment's net sales declined by 2.2%.
- For Q3 2025, GAAP earnings per diluted share were $0.07, and adjusted earnings per diluted share were $0.38. Excluding Stuart Weitzman, adjusted earnings per diluted share were $0.67.
- The company completed the Stuart Weitzman acquisition in August for $108.9 million, net of cash acquired, which contributed to earnings pressure from tariffs and near-term acquisition dilution.
- For fiscal year 2025, Caleres anticipates a GAAP loss per diluted share in the range of ($0.13) to ($0.18) and adjusted earnings per diluted share in the range of $0.55 to $0.60, with $0.60 to $0.65 dilution from Stuart Weitzman.
Dec 9, 2025, 11:45 AM
Caleres Provides Business Update and Tariff Mitigation Strategy
CAL
Guidance Update
M&A
Demand Weakening
- Caleres reported that its direct-to-consumer business accounts for over 70% of revenue, and the Brand Portfolio segment is 45%. The company closed the Stuart Weitzman acquisition in August and plans to share more details on its sales and margin potential in the Q3 report.
- For Q3, Famous Footwear achieved a +1% comparable store sales in August, the largest month of the quarter, but expects comps to be down low single digits in September and October.
- The Brand Portfolio's Q3 gross margin is anticipated to be down approximately 240 basis points due to tariffs, with an improved trend expected in Q4 as mitigation actions take effect. Caleres is also implementing $15 million in annualized structural cost savings.
- To address 20-30% tariff increases, Caleres has reduced China sourcing to below 15% of dollar receipts in the second half of the year and is employing a multi-pronged strategy including factory concessions, dutyable value adjustments, and selective price increases.
Oct 8, 2025, 3:45 PM
Quarterly earnings call transcripts for CALERES.
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