Welcome to our dedicated page for Caleres news (Ticker: CAL), a resource for investors and traders seeking the latest updates and insights on Caleres stock.
Caleres Inc (NYSE: CAL) is a leading footwear company operating through its Famous Footwear retail division and diversified brand portfolio. This news hub provides investors and industry observers with essential updates on corporate developments, financial performance, and market positioning.
Our curated collection features official press releases and verified news covering earnings announcements, strategic partnerships, leadership changes, and product innovations. Users gain access to critical information about retail operations, wholesale developments, and corporate governance matters shaping Caleres' position in the global footwear market.
The resource is particularly valuable for tracking updates across Caleres' dual business model - from consumer-facing retail initiatives to brand portfolio management. Regular updates include quarterly financial disclosures, expansion announcements, and sustainability efforts within the footwear industry.
Bookmark this page for streamlined access to Caleres' latest material developments. Check back frequently for authoritative reporting on operational milestones affecting one of North America's most established footwear enterprises.
Rykä has partnered with Chanel Miller to launch the Courage Sneaker, a limited-edition athletic shoe featuring original illustrations by Miller. This initiative supports Futures Without Violence and its upcoming Courage Museum. Rykä will donate
On March 24, 2022, Angela Caltagirone, SVP and GM of Vionic, was recognized by Dress for Success for her role as a corporate partner and mentor in the 'Your Hour, Her Power' campaign. This initiative supports women disproportionately affected by the COVID-19 pandemic. Vionic has a long-standing relationship with Dress for Success, providing event sponsorship and donations. The campaign encourages contributions to help women achieve economic independence through access to essential programs and tools. Caltagirone emphasizes her commitment to mentoring and supporting women's careers.
Caleres (NYSE: CAL) reported record annual operating earnings and margins for fiscal year 2021, with adjusted EPS nearly doubling the previous record. The fourth quarter saw net sales of $679.3 million, up 19.0% year-over-year. The company generated $168.4 million in cash from operations and reduced total debt from $448.9 million to $290 million. Caleres authorized an additional 7 million shares for repurchase. For fiscal 2022, the company expects EPS between $3.75 and $4.00, reflecting strong momentum despite inflationary pressures and supply chain challenges.
Caleres (NYSE: CAL) has elected Bruce Thorn to its board of directors. Thorn, currently the President and CEO of Big Lots, has driven over 17% sales growth and 35% EPS growth in the past three years. His extensive experience in retail includes leadership roles at Tailored Brands and PetSmart, where he gained skills in merchandising and supply chain management. Chairman Diane Sullivan emphasizes Thorn's valuable expertise and diverse skill set as a significant addition to Caleres' board.
Caleres (NYSE: CAL) has declared its quarterly cash dividend of $0.07 per share, payable on April 8, 2022, to shareholders on record as of March 24, 2022. This marks the 396th consecutive quarterly dividend paid by the company, reflecting its commitment to returning value to shareholders. Caleres operates a diverse portfolio of global footwear brands, with products available in nearly 1,000 retail locations and online, including Famous Footwear, Sam Edelman, and Naturalizer.
Caleres (NYSE: CAL) will release its fiscal fourth quarter and year-end financial results on March 15, 2022, after market close. Following the announcement, company executives will host a financial analyst conference call at 5:00 p.m. Eastern time to discuss results and provide a business update. Analysts can join by dialing (877) 217-9089 for North America or (706) 679-1723 internationally. A replay will be available until March 28, 2022. For details, visit Caleres Investor Relations.
Caleres (NYSE: CAL) has improved its earnings per share guidance for the fiscal year ending January 29, 2022, projecting EPS of $3.29 to $3.39 and adjusted EPS between $4.00 and $4.10. CEO Diane Sullivan highlighted positive momentum throughout the business and commended the efforts of associates to capitalize on market opportunities. The company plans to provide further updates during its fourth quarter report in March 2022. It will also participate in the ICR Conference on January 11, 2022, to discuss its outlook.
Caleres (NYSE: CAL) announced that its management team will participate in the virtual 2022 ICR Conference. CEO Diane Sullivan will host a fireside chat on Tuesday, January 11, at 4:00 p.m. Eastern Time and will hold meetings with institutional investors and analysts. The chat will be live-streamed on the company’s Investor Relations page, with an archive available post-event. Caleres is a global footwear brand portfolio with nearly 1,000 retail stores and multiple e-commerce platforms, including brands like Famous Footwear, Sam Edelman, and Naturalizer.
Caleres (NYSE: CAL) has declared a quarterly cash dividend of $0.07 per share, payable on January 6, 2022 to shareholders on record as of December 22, 2021. This dividend marks the 395th consecutive quarterly payment, showcasing the company's commitment to returning value to its shareholders. As a prominent player in the footwear industry, Caleres operates nearly 1,000 retail stores and boasts a diverse portfolio of global brands, reinforcing its mission to inspire customers with quality products.
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