Caleres, Inc. (CAL)
Market Cap | 770.73M |
Revenue (ttm) | 2.97B |
Net Income (ttm) | 181.74M |
Shares Out | 35.62M |
EPS (ttm) | 4.92 |
PE Ratio | 4.33 |
Forward PE | 4.36 |
Dividend | $0.28 (1.29%) |
Ex-Dividend Date | Mar 22, 2023 |
Volume | 60,971 |
Open | 21.52 |
Previous Close | 21.30 |
Day's Range | 21.46 - 21.70 |
52-Week Range | 18.98 - 31.13 |
Beta | 1.76 |
Analysts | Buy |
Price Target | 35.45 (+63.52%) |
Earnings Date | Mar 14, 2023 |
About CAL
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... [Read more]
Financial Performance
In 2023, Caleres's revenue was $2.97 billion, an increase of 6.86% compared to the previous year's $2.78 billion. Earnings were $181.74 million, an increase of 32.64%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for CAL stock is "Buy." The 12-month stock price forecast is $35.45, which is an increase of 63.52% from the latest price.
News

Allen Edmonds' Evolution Continues with New Store Concept in Boston
ST. LOUIS--(BUSINESS WIRE)--Iconic footwear brand Allen Edmonds, one of the Caleres (NYSE:CAL) lead brands, announces the premiere of a new store concept in Boston. After three decades on Newbury Stre...

Bridal Legend Pnina Tornai's First Shoe Collaboration with Category Leader Naturalizer Drops
ST. LOUIS--(BUSINESS WIRE)--Leading women's footwear brand, Naturalizer, one of the Caleres (NYSE:CAL) brands, and couture bridal designer Pnina Tornai, today launched a premiere collection of shoes f...

Caleres Inc. (CAL) Surpasses Q4 Earnings Estimates
Caleres Inc. (CAL) delivered earnings and revenue surprises of 1.56% and 0.24%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Caleres Reports Fourth Quarter and Full Year 2022 Results
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a diverse portfolio of consumer-driven footwear brands, today reported financial results for the fourth quarter and fiscal 2022, and provided guidance ...

Caleres Declares Regular Quarterly Dividend
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on April 6, 2023, to shareholde...

Analysts Estimate Caleres Inc. (CAL) to Report a Decline in Earnings: What to Look Out for
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.

Dr. Scholl's Shoes and RE/DONE Launch Capsule Collection
ST. LOUIS--(BUSINESS WIRE)--Heritage footwear brand Dr. Scholl's Shoes, a Caleres (NYSE: CAL) brand and California-based denim brand RE/DONE come together this Spring to launch a limited-edition footw...

Art Meets Craft: Allen Edmonds Collaborates with Raleigh Denim Workshop for Drop 02 of its Legend Series
ST. LOUIS--(BUSINESS WIRE)--Iconic footwear brand Allen Edmonds, one of the Caleres (NYSE:CAL) brands, today announces the collaborator for their latest Legend Series drop, Raleigh Denim Workshop. The...

Caleres Expects Record Annual Sales and Adjusted Earnings Per Share for Fiscal Year 2022
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) today announced that after a stronger-than-anticipated holiday performance and continued robust demand for its lead brands, it is providing preliminary,...

5 Broker-Friendly Stocks to Rely on Amid the Market Chaos
Broker-favorite stocks like American Airlines (AAL), Cleveland-Cliff (CLF), Boise Cascade (BCC), Caleres (CAL) and Thor Industries (THO) should be on an investors' watchlist.

Caleres Reiterates Fiscal Year 2022 Outlook
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) today announced that it is reaffirming its financial outlook for consolidated sales, adjusted earnings per share and inventory position for fiscal yea...

Caleres to Participate in the 25th Annual ICR Conference
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) today announced that members of its executive management team will participate in the 25th Annual ICR Conference on January 9 and January 10, 2023, in...

4 Shoes & Retail Apparel Stocks Keeping Up Well in a Distressed Industry
The Shoes and Retail Apparel industry is poised to benefit from favorable health and wellness trends, product innovation, and digital growth amid rising costs. These aspects bode well for NKE, DECK, S...

Franco Sarto Eco-Conscious Boot Honored with Accessories Council Design Excellence Award
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) announced today that the Franco Sarto Dizzy boot won the Accessories Council Design Excellence Award in the category of footwear under $250. The Desig...

Caleres Inc. (CAL) Q3 Earnings and Revenues Surpass Estimates
Caleres Inc. (CAL) delivered earnings and revenue surprises of 2.68% and 1.70%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Caleres Reports Strong Results in Third Quarter 2022
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a diverse portfolio of consumer-driven footwear brands, today reported financial results for the third quarter ended October 29, 2022. During the qua...

Why Caleres (CAL) Might Surprise This Earnings Season
Caleres (CAL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Caleres Named a Top 20 Finalist for 2022 NACD Diversity, Equity & Inclusion Awards
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) announced today that its Board of Directors is one of 20 that have been named as finalists for the 2022 National Association of Corporate Directors (N...

Caleres Inc. (CAL) Expected to Beat Earnings Estimates: Should You Buy?
Caleres Inc. (CAL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Caleres to Announce Third Quarter 2022 Results on November 22
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) today announced it plans to release its third quarter 2022 financial results before the market opens on Tuesday, November 22.

Pick These 5 Low Price-to-Sales Stocks for a Winning Portfolio
The Price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like CAL, PAA, TA, GDOT and UFPI hold promise

Are Consumer Discretionary Stocks Lagging Caleres (CAL) This Year?
Here is how Caleres Inc. (CAL) and World Wrestling Entertainment (WWE) have performed compared to their sector so far this year.

Five Caleres Brands Awarded on Newsweek's Best Online Shops 2023 List
ST. LOUIS--(BUSINESS WIRE)--Five brands owned by Caleres (NYSE: CAL) have been awarded on Newsweek's list of Best Online Shops 2023.

Famous Footwear Partners with Caitlin McHugh Stamos for Fall Fashion Campaign
ST. LOUIS--(BUSINESS WIRE)--Famous Footwear, one of the Caleres (NYSE: CAL) brands, is partnering with actress, model, podcaster and lifestyle influencer Caitlin McHugh Stamos for its 2022 fall campai...