Caleres (NYSE:CAL) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Caleres (NYSE:CAL) announced its quarterly earnings results on Thursday. The textile maker reported ($0.36) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $0.04, Briefing.com reports. Caleres had a net margin of 0.78% and a return on equity of 8.62%. The firm had revenue of $695.06 million for the quarter, compared to analyst estimates of $688.43 million. During the same quarter in the previous year, the firm posted $0.33 EPS. The business’s revenue for the quarter was up 8.7% on a year-over-year basis.

Here are the key takeaways from Caleres’ conference call:

• Q4 results beat guidance — earnings per share exceeded guidance, sales were modestly above expectations, and gross margin came in better than anticipated.
• Lead brands, owned e-commerce, and international showed clear momentum, driving market-share gains in women’s fashion and total footwear, with Sam Edelman and Allen Edmonds delivering notably strong performance.
• Caleres completed the Stuart Weitzman integration on time and on budget, liquidated aged inventory and repositioned operations, and expects Stuart Weitzman to reach break-even in 2026.
• SG&A deleverage weighed on results — SG&A increased $48.3 million (18.3%) in Q4, largely due to Stuart Weitzman-related costs, contributing to a Q4 operating loss and full-year margin pressure.
• Management set 2026 as a “build-back” year with guidance for consolidated sales up low- to mid-single digits, ~140–150 bps gross margin improvement, and adjusted EPS of $1.35–$1.65.

Caleres Stock Performance

Shares of CAL stock opened at $10.51 on Friday. The company has a market cap of $356.29 million, a P/E ratio of 16.68 and a beta of 0.64. Caleres has a fifty-two week low of $8.80 and a fifty-two week high of $18.27. The stock has a 50 day simple moving average of $12.02 and a two-hundred day simple moving average of $12.59.

Caleres Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Thursday, March 26th will be issued a $0.07 dividend. The ex-dividend date is Thursday, March 26th. This represents a $0.28 annualized dividend and a yield of 2.7%. Caleres’s dividend payout ratio is presently 44.44%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CAL shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Caleres in a report on Wednesday, January 21st. Zacks Research upgraded Caleres from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Caleres presently has a consensus rating of “Reduce” and an average price target of $14.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Corient Private Wealth LLC bought a new stake in shares of Caleres in the fourth quarter valued at $249,000. Empowered Funds LLC increased its holdings in Caleres by 10.9% during the 4th quarter. Empowered Funds LLC now owns 156,776 shares of the textile maker’s stock worth $1,908,000 after acquiring an additional 15,371 shares during the period. Tudor Investment Corp ET AL purchased a new position in Caleres during the fourth quarter worth about $1,954,000. Millennium Management LLC boosted its position in shares of Caleres by 9.0% during the 4th quarter. Millennium Management LLC now owns 443,872 shares of the textile maker’s stock valued at $5,402,000 after acquiring an additional 36,582 shares during the last quarter. Finally, Balyasny Asset Management L.P. purchased a new position in Caleres in the 4th quarter worth approximately $2,941,000. Hedge funds and other institutional investors own 98.44% of the company’s stock.

Key Headlines Impacting Caleres

Here are the key news stories impacting Caleres this week:

• Positive Sentiment: Management guided for a return to profits this year with targeted gross-margin improvement (140–180 bps) and tariff/ pricing actions, which reassures investors about the path to operating leverage. Read More.
• Positive Sentiment: Q4 revenue beat expectations and Brand Portfolio sales grew strongly (20.3%), with organic sales +1.5%—evidence that the acquired Stuart Weitzman business is adding top-line scale and market share in Women’s. Read More.
• Neutral Sentiment: Reported Q4 revenue of ~$695.1M vs. consensus ~$688.4M and EPS of ($0.36) vs. ($0.38) consensus — a small beat on both lines, but EPS remains negative this quarter. Investors are weighing the beats against ongoing integration costs. Read More.
• Neutral Sentiment: Management held an earnings call and provided a slide deck and Q1/FY26 guidance; details on timing of margin recovery and cost synergies will be key near-term catalysts to watch. Read More.
• Negative Sentiment: Analysts flag risks: Seeking Alpha notes flat organic trends in the quarter, margin deleverage from acquisition-related costs, and a leveraged balance sheet — arguing the stock is now reasonably priced but not attractive after the rally. Read More.
• Negative Sentiment: Zacks added CAL to its Rank #5 (Strong Sell) list, signaling some sell-side concern about near-term execution and valuation risks. Read More.

About Caleres

Caleres, Inc, formerly known as Brown Shoe Company, is a leading footwear company engaged in the design, sourcing, marketing and selling of a broad portfolio of branded and private-label shoes. The company’s operations span a range of market segments from value-priced to premium and luxury. Caleres operates through two primary segments: a retail segment anchored by the Famous Footwear banner, which includes more than 1,100 stores across North America, and a brand portfolio segment comprising owned and licensed brands such as Allen Edmonds, Naturalizer, Sam Edelman, Dr.