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.
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Caleres (NYSE:CAL) announced the opening of a new Allen Edmonds store concept in Boston, set to premiere on March 30. This store, located at 141A Newbury Street, celebrates the brand’s heritage in shoemaking, featuring recraft and custom services. Allen Edmonds has recrafted over one million pairs of shoes to date, emphasizing quality and sustainability. The store's design integrates historical elements with modern aesthetics, showcasing the brand's legacy and commitment to American craftsmanship. This expansion aligns with Caleres' strategy to enhance its luxury positioning while catering to the evolving consumer demands.
Naturalizer, a leading women’s footwear brand under Caleres (NYSE:CAL), has launched a new bridal shoe collection in collaboration with renowned couture designer Pnina Tornai. This premiere collection features nine styles, ranging from mules to platform heels, designed to offer both elegance and comfort for brides. Prices range from $200 to $325 and are available on Naturalizer.com and select retailers starting March 26. Naturalizer has risen to third place in the women’s dress footwear market, reflecting significant growth in this sector over the past two years.
Caleres reported record fourth quarter consolidated net sales of $696.4 million and annual net sales of $2.97 billion for fiscal 2022. With earnings per share reaching $4.92, the company highlights a robust performance driven by its Brand Portfolio, which saw a 6.4 percent year-over-year sales increase. Despite a slight decline in Famous Footwear sales, the company expects flat to 2 percent growth in fiscal 2023 net sales. Projected earnings per share range between $4.10 to $4.30. However, ongoing inflationary pressures and increased interest rates may pose challenges.
Caleres (NYSE: CAL) has declared a quarterly cash dividend of $0.07 per share, to be paid on April 6, 2023, for shareholders of record as of March 23, 2023. This announcement marks a significant milestone, as the company has maintained a consecutive dividend payment for 100 years. With a diverse portfolio of footwear brands including Famous Footwear and Sam Edelman, Caleres continues to demonstrate its commitment to rewarding shareholders while upholding its legacy and mission in the global footwear market.
Caleres (NYSE: CAL) announces a collaboration between its Dr. Scholl’s Shoes brand and denim label RE/DONE for a limited-edition footwear collection. This nostalgic capsule features the iconic Original Sandal, reimagined in five colorways, including black and red patent leather and upcycled denim. Each sandal boasts a handmade wood clog sole from sustainably sourced beechwood, emphasizing eco-conscious craftsmanship. Retailing at $295, the collection will be available starting March 7 at select stores and online. Designers from both brands highlight a vision of merging vintage aesthetics with modern style.