Consumer Cyclical -
Apparel - Footwear & Accessories - NYSE - US
$ 16.02
-0.435 %
$ 538 M
Market Cap
5.18
P/E
1. INTRINSIC VALUE
Balance Sheet
Caleres, Inc.
| Current Assets | 837 M |
| Cash & Short-Term Investments | 29.6 M |
| Receivables | 156 M |
| Other Current Assets | 651 M |
| Non-Current Assets | 1.06 B |
| Long-Term Investments | 0 |
| PP&E | 581 M |
| Other Non-Current Assets | 477 M |
| Current Liabilities | 758 M |
| Accounts Payable | 237 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 521 M |
| Non-Current Liabilities | 531 M |
| Long-Term Debt | 480 M |
| Other Non-Current Liabilities | 51.3 M |
EFFICIENCY
Earnings Waterfall
Caleres, Inc.
| Revenue | 2.72 B |
| Cost Of Revenue | 1.5 B |
| Gross Profit | 1.22 B |
| Operating Expenses | 1.07 B |
| Operating Income | 150 M |
| Other Expenses | 43.8 M |
| Net Income | 106 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Caleres, Inc.
| Net Income | 106 M |
| Depreciation & Amortization | 56.4 M |
| Capital Expenditures | -49.1 M |
| Stock-Based Compensation | 15.1 M |
| Change in Working Capital | -93.1 M |
| Others | -39.7 M |
| Free Cash Flow | 55.4 M |
Wall Street Analysts Price Targets
Caleres, Inc.
Wall Street analysts predict an average 1-year price target for CAL of $34 , with forecasts ranging from
a
low of
$30 to a high of $45 .
CAL Lowest Price Target
Wall Street Target
30 USD
87.27%
CAL Average Price Target
Wall Street Target
34 USD
112.23%
CAL Highest Price Target
Wall Street Target
45 USD
180.90%
4. DIVIDEND
ANALYSIS
0.38%
DIVIDEND YIELD
0.07 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Caleres, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
605 K USD 1
9-12 MONTHS
5.3 M USD 3
Bought
160 K USD 1
0-3 MONTHS
99.7 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Caleres: Comparables Still Down And It Is Levering Up On Acquisitions, Risky
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.
seekingalpha.com
- 4 weeks ago
Caleres, Inc. (CAL) Q4 2024 Earnings Call Transcript
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.
seekingalpha.com
- 1 month ago
Caleres Reports Fourth Quarter & Full Year Results and Provides 2025 Outlook
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today reported its financial results for the fourth quarter and full year 2024 and provided guidance for first quarter and full year 2025. “Our fourth quarter earnings were at the high end of our most recent guidance. We gained market share in women's fashion footwear, our Lead Brands outperformed, and we grew our sneaker penetration. Famous Footwear's business softened in the quarter.
businesswire.com
- 1 month ago
Caleres Declares Regular Quarterly Dividend
ST. LOUIS--(BUSINESS WIRE)--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 April 11, 2025, to shareholders of record as of March 27, 2025. 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, Allen Edmon.
businesswire.com
- 1 month ago
Caleres to Announce Fourth Quarter 2024 Results on March 20
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, will release its fourth quarter and year-end 2024 financial results before market open on Thursday, March 20, 2025. Following the announcement, company executives will host a conference call at 10 a.m. Eastern Time to discuss the results and provide a general business update. The earnings release was originally scheduled for March 19. However, the company has rescheduled to accommodat.
businesswire.com
- 1 month ago
Tapestry to Offload Stuart Weitzman in $105M Deal With Caleres
TPR is selling Stuart Weitzman to Caleres, focusing on Coach and Kate Spade while ensuring the brand's growth under new leadership.
zacks.com
- 1 month ago
Tapestry is selling Stuart Weitzman footwear brand to Caleres to focus on Coach and Kate Spade
The news comes just months after a federal judge blocked Tapestry's planned $8.5 billion acquisition of Michael Kors parent Capri Holdings Ltd.
marketwatch.com
- 1 month ago
Caleres Announces Definitive Agreement to Acquire Stuart Weitzman from Tapestry
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it has signed a definitive agreement to acquire Stuart Weitzman from Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, for $105 million, subject to customary adjustments. The acquisition cements Caleres' leadership position in women's fashion footwear, particularly in the contemporary segment of the market. “I have long admired Stuart Weit.
businesswire.com
- 1 month ago
Tapestry, Inc. Enters Into Definitive Agreement to Sell Stuart Weitzman Brand to Caleres
NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, today announced that it entered into a definitive agreement to sell the Stuart Weitzman brand to Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, for $105 million in cash, subject to customary adjustments. “Stuart Weitzman is an iconic global footwear brand, whose teams have added to the passion, creativity, and craftsmanship of our organization over the.
businesswire.com
- 1 month ago
Favorite Daughter Launches First Shoe Collection in Partnership with Caleres
NEW YORK--(BUSINESS WIRE)--Caleres (NYSE: CAL) and Favorite Daughter today announced an exclusive license agreement for Favorite Daughter's first shoe line. Caleres will exclusively produce the brand's women's shoes starting with the Fall 2025 season. The partnership follows a collaboration between Caleres portfolio brand, Dr. Scholl's, and Favorite Daughter dropping in May 2025. Centric Brands, which co-owns the brand in a joint venture with Erin and Sara Foster, is working to build the Foster.
businesswire.com
- 2 months ago
Brian Costello Joins Caleres as Chief Merchandising Officer for Famous Footwear
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced Brian Costello has joined Famous Footwear as chief merchandising officer. In this role, he will oversee all buying and merchandising, including women's, men's and kids' athletic and fashion footwear and accessories, for the brand's U.S. and Canada stores and e-commerce sites. “Brian has a long track record of exceptional fashion and footwear industry leadership,” said.
businesswire.com
- 2 months ago
Caleres Faces Setbacks: How Did FIVE, GCO & ANF Perform This Holiday?
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.
zacks.com
- 3 months ago
8. Profile
Summary
Caleres, Inc. CAL
COUNTRY
US
INDUSTRY
Apparel - Footwear & Accessories
MARKET CAP
$ 538 M
Dividend Yield
0.38%
Description
Caleres, Inc. engages in the retail and wholesale of footwear in the United States, Canada, China, and Guam. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products to women, men, and children. Its retail shoe stores provide brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Converse, Crocs, Puma, Birkenstock, New Balance, Asics, New Balance, Under Armour, Bearpaw, Timberland, Sperry, and Dr. Martens, as well as company-owned and licensed brands, such as Dr. Scholl's Shoes, Blowfish Malibu, LifeStride, Naturalizer, Zodiac, Circus by Sam Edelman, Franco Sarto, and Ryka. The company also operates naturalizer.com, naturalizer.ca, vionicshoes.com, samedelman.com, allenedmonds.com, drschollsshoes.com, lifestride.com, francosarto.com, ryka.com, bzees.com, and zodiacshoes.com, as well as Vince.com, blowfishshoes.com, and veronicabeard.com websites. In addition, it designs, sources, manufactures, and markets footwear to retail stores, such as national chains, online retailers, department stores, mass merchandisers, independent retailers, and catalogs. Further, the company wholesales men's apparel, leather goods, and accessories under the Allen Edmonds brand; footwear for women under LifeStride brand; Italian footwear Franco Sarto brand; athletic footwear for women under the Rykä brand; women's shoe collection under the Vince brand; and women's footwear under the Bzees brand; other footwear under Zodiac brand; and women's footwear collection under Veronica Beard brand, as well as Via Spiga brand. It operates approximately 980 retail stores. The company was formerly known as Brown Shoe Company, Inc. Caleres, Inc. was founded in 1878 and is headquartered in St. Louis, Missouri.
Contact
8300 Maryland Avenue, Saint Louis, MO, 63105
https://www.caleres.com
IPO
Date
March 17, 1980
Employees
4800
Officers
Mr. Thomas C. Burke
Senior Vice President, General Counsel & Secretary
Ms. Logan Bonacorsi
Vice President of Investor Relations
Mr. Daniel R. Friedman
Chief Sourcing & Supply Chain Officer
Mr. Todd E. Hasty
Senior Vice President & Chief Accounting Officer
Mr. John W. Schmidt
President, Chief Executive Officer & Director
Mr. Michael R. Edwards
Division President of Famous Footwear
Mr. Jack P. Calandra
Senior Vice President & Chief Financial Officer
Mr. Willis D. Hill
Senior Vice President & Chief Information Officer
Mr. Douglas W. Koch
SVice President & Chief Human Resources Officer
Ms. Diane M. Sullivan
Executive Chairman