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.
News and disclosures about Caleres Inc (NYSE: CAL) focus on its role as a portfolio of consumer-driven and global footwear brands and on developments across its Famous Footwear and Brand Portfolio segments. Company press releases regularly describe Caleres as managing brands such as Famous Footwear, Sam Edelman, Stuart Weitzman, Allen Edmonds, Naturalizer, and Vionic, with products available in nearly 1,000 company-operated retail stores, in hundreds of department and specialty stores, on branded e-commerce sites, and on third-party retail platforms.
Investors following CAL news will find quarterly earnings announcements that detail net sales, segment performance for Famous Footwear and Brand Portfolio, direct-to-consumer trends, gross margin dynamics, and the impact of factors such as tariffs and restructuring costs. These releases also discuss non-GAAP measures that management uses to highlight underlying business trends, as well as updates on inventory, liquidity, and borrowing under the company’s revolving credit facility.
Caleres news flow also includes dividend declarations, where the company notes that it has paid consecutive quarterly dividends for over a century, and capital structure updates such as amendments to its credit agreement. In addition, brand-level announcements from Stuart Weitzman New York, a lead brand in the Caleres portfolio, highlight new campaigns, collections, and ambassadors, illustrating how Caleres supports luxury and fashion-focused footwear within its broader portfolio.
For readers tracking CAL, this news stream provides insight into financial performance, portfolio evolution, acquisitions such as Stuart Weitzman, and marketing activity across key brands. Bookmarking this page allows for ongoing access to company earnings releases, dividend announcements, capital markets events, and brand campaigns that shape the Caleres investment and brand story over time.
Vionic Shoes, under Caleres (NYSE: CAL), introduces the VIONIC x PROTEUS™ sneaker collection, promoting sustainability and ocean health. The partnership with Proteus Ocean Group commits $500,000 over three years to support innovative ocean preservation solutions. The launch includes eco-conscious Beach sneakers made from recycled materials and features Vionic's Three-Zone Comfort technology. A beach cleanup event in Santa Monica marked the collaboration's start, collecting over 500 pounds of waste and fostering community engagement in ocean conservation.
PROTEUS™ and Vionic Shoes have launched a beach cleanup initiative in Santa Monica, aiming to raise awareness about ocean health and climate change. Fabien Cousteau, grandson of Jacques Cousteau, supports the event that promotes local actions for a sustainable future. The initiative coincides with Vionic's launch of a sustainable footwear collection, underscoring their commitment to environmental responsibility. Approximately 600 million pounds of plastic pollution are present in oceans, highlighting the urgency of such conservation efforts. This partnership emphasizes education and community involvement in addressing climate challenges.
Caleres (NYSE: CAL) has announced a quarterly cash dividend of $0.07 per share, payable on June 29, 2022, to shareholders of record by June 10, 2022. This marks the company's 397th consecutive quarterly dividend, highlighting its commitment to returning value to shareholders. As a portfolio of global footwear brands, Caleres operates nearly 1,000 retail stores and offers a variety of products through various channels, demonstrating its strong market presence.
Vionic has launched its new recovery sandals, Rejuvenate and Restore, designed for optimal comfort post-activity. These sandals feature dual density cushioning and Three-Zone Comfort technology for enhanced arch support and stability. Available in multiple colors and styles, they aim to alleviate foot pain and promote natural alignment. The sandals are recommended by podiatrist Jacqueline Sutera as essential for recovery after sports or surgery. Vionic, part of Caleres (NYSE: CAL), focuses on merging fashion with foot health.
Caleres reported record first quarter net sales of $735.1 million, reflecting a 15.1% year-over-year increase. The company's gross profit margin reached 44.5%, with net earnings of $50.5 million or $1.32 per diluted share. Despite a 3.4% sales decline in the Famous Footwear segment, the Brand Portfolio segment saw a 46.1% sales increase. The company raised its fiscal year 2022 sales and earnings guidance, anticipating a 2-5% increase in sales and earnings per share of $4.20 to $4.40.
Rykä has launched its first collection of performance maternity shoes, the XpectFit, targeting expectant mothers. This collection features sneakers designed with a focus on comfort, including a wider forefoot and narrower heel for stability. With options for training, walking, and casual use, each shoe includes a massaging OrthoLite® insole and is machine-washable. The launch is timely, coinciding with the COVID-19 baby boom, and reflects Rykä's commitment to creating shoes for women, by women. The collection is available on various retail platforms, including Ryka.com and Famousfootwear.com.
Caleres (NYSE: CAL) will release its Q1 2022 financial results on May 24, 2022, after market close. A financial analyst conference call is scheduled for 5:00 p.m. Eastern time the same day, where executives will discuss quarterly results and business updates. Analysts can join via phone or listen online through the company’s investor website. Replay options will be available for those unable to attend the live call. Caleres has a diverse portfolio of footwear brands available across various retail channels.
Allen Edmonds celebrates its 100th anniversary this month, marking a century of craftsmanship within the Caleres portfolio (NYSE: CAL). Founded in 1922, the brand remains committed to producing premium footwear in the U.S., emphasizing artisan shoemaking and sustainability. Notably, they have restored over a million pairs of shoes via a recrafting initiative. The brand commemorates its legacy by commissioning photographer Billy Kidd to document 100 individuals wearing the iconic Park Avenue shoes in a cultural portrait series, symbolizing the brand's enduring relevance in American fashion.
GANNI, a Danish affordable luxury fashion brand, has partnered with Dr. Scholl’s Shoes to launch a new line featuring the iconic wooden sandal. The collection includes five styles in GANNI prints, debuting in early May, available on both brands' websites and select stores. Highlighting sustainability, the sandals are made from 100% certified organic cotton and feature a rubber sole with Forest Stewardship Council certified wood. This collaboration aims to enhance supply chain transparency and represents Dr. Scholl's most responsible partnership to date, retailing at $215 each.
Caleres (NYSE: CAL) has announced a $1 million donation to Soles4Souls to support homeless children through the 4EveryKid program. The donation, spanning two years, includes $500,000 in cash and $500,000 in product donations. This initiative aims to provide athletic shoes for over 17,000 homeless kids in the greater St. Louis area just in time for the school year. A checkout round-up campaign will also be available during September through Caleres brands to further support the cause.