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 operates as a footwear company managing brands including Sam Edelman, Naturalizer, and the Famous Footwear retail chain. The company's news typically covers quarterly earnings reports, dividend announcements, retail expansion updates, and brand-specific product launches. Following Caleres news provides insight into footwear industry trends, consumer shopping patterns, and the performance of both wholesale and retail footwear channels.
Earnings announcements reveal performance across Caleres' two business segments: Brand Portfolio wholesale operations and Famous Footwear retail stores. These reports often include comparable store sales data, e-commerce growth metrics, and margin trends that reflect broader shifts in footwear retailing. Dividend declarations indicate the company's capital allocation priorities and cash flow generation. Brand announcements, particularly for fashion-forward labels like Sam Edelman and Stuart Weitzman, highlight seasonal collections and designer collaborations that drive wholesale bookings.
Investors tracking Caleres should pay attention to retail traffic patterns, wholesale order trends from department store partners, and inventory management commentary. The company operates in a fashion-dependent industry where style preferences shift rapidly, making merchandising decisions and sell-through rates particularly significant. News about store openings, closures, or format changes at Famous Footwear locations signals the company's physical retail strategy amid e-commerce growth.
Material events reported through 8-K filings can include leadership changes, strategic initiatives, and significant contracts or partnerships. The company's position in both wholesale and retail channels means its performance reflects broader consumer spending patterns and department store health. Bookmark this page to track developments affecting Caleres' brand portfolio and retail operations.
Vionic, a footwear brand under Caleres (NYSE: CAL), has announced world-class athlete and wellness advocate Gabby Reece as its first-ever well-being ambassador. The partnership aligns with Vionic's focus on biomechanics and science-based footwear design.
As part of this collaboration, Reece will be featured in Vionic's fall campaign, create content, lead wellness conversations, and help design the brand's most advanced walking shoe to date, scheduled for launch in Spring 2026. This partnership represents a strategic move in Vionic's brand-building efforts, combining Reece's expertise in athletics and wellness with the company's commitment to science-backed movement solutions.
Caleres (NYSE: CAL) has appointed Brian Costello as the new division president of Famous Footwear, effective immediately. Costello, who joined the company in February 2025 as chief merchandising officer, will continue reporting to Jay Schmidt, president and CEO of Caleres.
In his previous role, Costello oversaw all buying and merchandising operations for women's, men's and kids' athletic and fashion footwear and accessories across U.S. and Canada stores and e-commerce platforms. He brings nearly 30 years of fashion retail experience from Nordstrom and Macy's, including significant leadership roles in footwear merchandising and the launch of nordstromrack.com.
Tapestry, Inc. (NYSE: TPR) has completed the previously announced sale of its Stuart Weitzman brand to Caleres (NYSE: CAL), a portfolio of footwear brands. Morgan Stanley & Co. LLC and Latham & Watkins LLP served as Tapestry's advisors, while BofA Securities and BCLP advised Caleres.
Following the divestiture, Tapestry's brand portfolio now consists of Coach and kate spade new york. The company remains focused on innovation, authenticity, and sustainable fashion through distinctive products and differentiated customer experiences across channels and geographies.
Caleres (NYSE: CAL) has completed the acquisition of luxury footwear brand Stuart Weitzman from Tapestry, Inc. for $120.2 million, with a net purchase price of $108.7 million after accounting for $11.5 million in cash received at closing.
Stuart Weitzman, with trailing 12-month sales of $220 million, maintains a strong presence across North America, Europe, and Asia. Jonathan Lelonek, former SVP of global wholesale, has been appointed as Stuart Weitzman brand president. The acquisition strengthens Caleres' position in the global footwear market, with the Brand Portfolio segment expected to represent nearly half of total revenue going forward.
Caleres plans to leverage its footwear expertise to restore Stuart Weitzman's profitability following a transition and integration period through the remainder of the fiscal year. The acquisition was funded through Caleres' revolving credit agreement.
Caleres (NYSE: CAL) has announced an amendment to its credit agreement, extending its senior secured asset-based revolving credit facility to June 2030. The company's borrowing capacity will increase by $200 million to $700 million, with an accordion feature allowing potential expansion to $950 million.
According to CFO Jack Calandra, the expanded facility enhances liquidity and flexibility while strengthening the balance sheet. The company's near-term capital allocation priorities include completing the Stuart Weitzman acquisition and investing in growth vectors, followed by longer-term focus on debt reduction and shareholder returns.
Bank of America serves as the administrative agent, with Truist Bank, Wells Fargo Bank, and U.S. Bank as joint lead arrangers and bookrunners. Fifth Third Bank, Regions Bank, and TD Bank are also participating in the credit facility.
Caleres (NYSE: CAL), a leading footwear brand portfolio company, has announced a quarterly cash dividend of $0.07 per share. The dividend will be paid on June 20, 2025, to shareholders of record as of June 5, 2025. This announcement marks a significant milestone in the company's history, as Caleres has maintained a consistent track record of paying quarterly dividends for over 100 consecutive years.
Caleres (NYSE: CAL), a leading footwear brand portfolio company, has scheduled its first quarter 2025 earnings release for Thursday, May 29, 2025, before market open. The company will host a conference call at 10 a.m. Eastern Time to discuss quarterly results and provide business updates.
Participants can join via phone using (877) 704-4453 in North America or (201) 389-0920 internationally. The call will also be available via webcast on Caleres' Investors page. A replay will be accessible through June 12, 2025, using (844) 512-2921 (North America) or (412) 317-6671 (international) with pin 13753803.
Caleres (NYSE: CAL) reported Q4 2024 financial results with sales of $639.2 million, down 8.3% year-over-year, and full-year sales of $2.72 billion, down 3.4%. The company posted Q4 earnings per diluted share of $0.15 and adjusted EPS of $0.33, while full-year EPS was $3.09 with adjusted EPS of $3.30.
Key highlights include:
- Famous Footwear segment saw Q4 net sales decrease 9.6% with comparable sales down 2.9%
- Brand Portfolio segment experienced a 7.2% Q4 net sales decline
- Direct-to-consumer sales represented 73% of total net sales
- Company returned $74.7 million to shareholders through dividends and share repurchases in fiscal 2024
Looking ahead, Caleres expects fiscal 2025 consolidated net sales to range between -1% to +1% compared to 2024, with projected earnings per diluted share of $2.80 to $3.20. The guidance excludes the planned Stuart Weitzman acquisition, expected to close in summer 2025.
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, has announced its Board of Directors' declaration of a regular quarterly cash dividend of $0.07 per share. The dividend will be paid on April 11, 2025, to shareholders of record as of March 27, 2025.
Notably, the company has maintained a consistent track record of paying consecutive quarterly dividends for more than 100 years, demonstrating long-term financial stability and commitment to shareholder returns.
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