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Caleres (CAL) Stock News

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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. reports developments across a footwear business built around Famous Footwear retail and e-commerce operations and a Brand Portfolio of wholesale and consumer footwear brands. News commonly covers quarterly results, segment performance, gross margin trends, guidance, e-commerce and international activity, and dividends on the company’s NYSE-listed common stock.

Company updates also include product and brand activity across names such as Famous Footwear, Sam Edelman, Stuart Weitzman, Allen Edmonds, Naturalizer, Vionic and Dr. Scholl’s Shoes. Recurring announcements feature collaborations, capsule collections, category expansion, brand campaigns, leadership appointments and integration work within the broader Caleres footwear platform.

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Caleres (NYSE: CAL), a leading footwear brand portfolio company, has scheduled its second quarter 2025 financial results announcement for Thursday, September 4, 2025, before market open.

The company will host a conference call at 10 a.m. Eastern Time featuring executives discussing quarterly results and business updates. The call will be accessible via phone for North American (877-704-4453) and international (201-389-0920) participants, as well as through a live webcast on Caleres' Investors page.

A replay will be available until September 18, 2025, through dedicated phone lines and the company's Events & Presentations webpage.

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Caleres (NYSE: CAL) has appointed Kathleen Welter as its new Chief Human Resources Officer, overseeing HR functions for the company's portfolio of brands and more than 9,000 Associates worldwide. Welter brings nearly three decades of HR experience and will report directly to President and CEO Jay Schmidt.

The appointment comes as current CHRO Doug Koch prepares for retirement at year-end, with a 30-day transition period planned. Welter rejoins Caleres, where she previously worked for a decade, following her recent role as VP of Human Resources at Woodard & Curran. She holds an MBA and bachelor's degree from the University of Missouri.

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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.

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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.

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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.

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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.

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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.

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Caleres (NYSE: CAL) reported disappointing Q1 2025 results with net sales declining 6.8% to $614.2 million. Famous Footwear sales decreased 6.3% with comparable sales down 4.6%, while Brand Portfolio sales fell 6.9%. The company posted diluted EPS of $0.21 and adjusted EPS of $0.22, significantly below the $0.88 reported in Q1 2024. Gross margin contracted 150 basis points to 45.4%. In response to challenging conditions, Caleres announced structural cost-cutting measures targeting $15 million in annual SG&A reductions. The company aims to reduce China-sourced products to 10% or less by H2 2025. Due to market uncertainty, Caleres has suspended its guidance. Inventory levels increased 8.1% year-over-year, while borrowings under the credit facility rose by $67.5 million to $258.5 million.
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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.

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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.

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FAQ

What is the current stock price of Caleres (CAL)?

The current stock price of Caleres (CAL) is $11.705 as of July 4, 2026.

What is the market cap of Caleres (CAL)?

The market cap of Caleres (CAL) is approximately 393.3M.