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.
Caleres reported financial results for Q4 and fiscal year 2020. Key highlights include a net sales decline of 27.5% to $2.117 billion and a net loss of $439.1 million, translating to a loss of $11.80 per diluted share. However, ecommerce sales grew by 40%, making up 75% of total sales. The company achieved $100 million in annualized expense savings and generated $126 million in cash from operations. Despite ongoing uncertainties, Caleres aims to streamline operations and focus on digital strategies to enhance shareholder value.
Caleres (NYSE: CAL) has declared a quarterly cash dividend of $0.07 per share, payable on April 9, 2021, to shareholders of record as of March 25, 2021. This marks the 392nd consecutive quarterly dividend paid by the company, emphasizing its commitment to returning value to shareholders. Caleres is known for its diverse portfolio of footwear brands, including Famous Footwear and Sam Edelman, driven by consumer insights and innovation.
Allen Edmonds has launched an expanded online customizable trunk show, allowing consumers to create unique shoe designs until March 13, 2021, at allenedmonds.com. The event waives the usual custom fee and offers styles such as sneakers and oxfords with multiple material and color options. Larger sizes from 6.5 to 15 and widths from B to EEE are available, along with a Recrafting service to extend shoe life. This initiative responds to high demand for new and classic sneaker styles, enhancing customization options for existing and new customers.
Two prominent brands of Caleres, Famous Footwear and Vionic, have been recognized in Newsweek's 2021 list of America's Best Loyalty Programs. Famous Footwear's Famously You and Vionic's Sole Circle were highlighted for their outstanding customer engagement and loyalty initiatives. The awards were announced on February 16, 2021, reflecting evaluations from over 4,000 U.S. customers across various program metrics. Both programs focus on enhancing customer experience through personalized rewards and benefits, contributing significantly to their respective brand growth.
Caleres (NYSE: CAL) plans to release its fiscal fourth quarter and year-end financial results after market close on March 16, 2021. A financial analyst conference call will be held at 5:00 PM ET to discuss the quarterly results and provide a business update. Analysts can join via dial-in numbers provided for North America and international callers. The call will be accessible to the public through the investor section of Caleres' website, with a replay available until March 29, 2021.
Alliance Data Systems Corporation (NYSE: ADS) has launched a new private label credit card program for Famous Footwear, aimed at its 22 million loyalty program members. The Famously You Rewards Credit Card™ will offer accelerated rewards and exclusive incentives to enhance customer engagement. With over 900 stores in the U.S. and Canada, Famous Footwear is focused on optimizing its online presence and utilizing Alliance Data's Enhanced Digital Suite to streamline payment options. This initiative seeks to strengthen brand loyalty and drive sales amidst evolving customer expectations.
Caleres (NYSE: CAL) announced that its management team will participate in the virtual 2021 ICR Conference on January 11 at 1:30 p.m. Eastern Time. Diane Sullivan, Chairman and CEO, will lead a fireside chat, which will be webcast live on the company’s Investor Relations website. The event also includes meetings with institutional investors and analysts. An online archive will be available after the event. Caleres boasts a diverse portfolio of footwear brands, including Famous Footwear and Sam Edelman, focusing on innovative designs driven by consumer insights.
On December 1, 2020, Vionic shoes, part of the Caleres portfolio, launched charitable initiatives for Dress for Success on Giving Tuesday. Vionic will donate 1% of gross sales from vionicshoes.com to support women's professional advancement. The partnership includes donating 100 pairs of shoes and sponsoring events like the virtual Holiday Soirée. Vionic aims to empower women through wellness and comfort in footwear. The company's Three-Zone Comfort technology provides stability and support across various styles, helping people live healthier lives.
Vionic is supporting Childhood Cancer Awareness Month by partnering with St. Jude Children's Research Hospital and the Pediatric Neuro-Oncology Consortium Foundation (PNOC). Throughout September, customers can donate at Vionic's e-commerce site, with all proceeds going to both organizations to aid in childhood cancer research and treatment. The initiative emphasizes the need for funding, especially for brain cancer, the leading childhood cancer. Vionic's founders, Bruce and Allyn Campbell, started PNOC after their son’s brain tumor diagnosis, aiming to improve outcomes for affected families.
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