Key Takeaways Caleres' Q2 sales rose above estimates at $658.5M, though down 3.6% year over year.Adjusted EPS came in at $0.35, missing forecasts and declining from $0.85 last year.Gross margin fell 210 bps to 43.4% due to tariffs, promotions and markdown provisions.Caleres, Inc. ((CAL) reported second-quarter fiscal 2025 results, with the top line beating the Zacks Consensus Estimate while the bottom line missing the same. Both metrics showed a year-over-year decline.Despite market headwinds, the company d ...

Caleres, Inc. (NYSE: CAL) reported an EPS of $0.35, missing the Zacks Consensus Estimate by 31.37%.The company generated revenue of $658.52 million, slightly above the estimated $656.5 million.Caleres faces challenges in maintaining consistent revenue growth, with a mixed financial outlook highlighted by a P/E ratio of 5.43 and a debt-to-equity ratio of 1.40.Caleres, Inc. (NYSE: CAL) is a prominent player in the footwear industry, operating under the Zacks Shoes and Retail Apparel category. The company is k ...

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Financial Data and Key Metrics Changes - The company reported second quarter sales of $658.5 million, a decline of 3.6% year over year, with sales trends improving sequentially in both segments [24][10] - Adjusted earnings per share were $0.35, down from $0.85 in the previous year [30] - Consolidated gross margin was 43.4%, down 20 basis points compared to last year, driven by lower margins in both segments [26] Business Segment Data and Key Metrics Changes - Brand Portfolio sales declined 3.5%, with lead brands growing about 1% in North America and 3.6% globally [25][11] - Famous Footwear sales were down 4.9%, with comparable sales declining 3.4% [25][19] - The Brand Portfolio experienced gross margin pressure due to tariffs and markdown reserves, while Famous Footwear's gross margin was 43.7%, down 130 basis points [26][27] Market Data and Key Metrics Changes - International sales increased by double digits, and the company gained market share in women's fashion footwear [6][11] - E-commerce sales for Famous Footwear were up double digits, particularly in May and July [19] - The company gained 0.6 points of kids market share in shoe chains during the quarter [22] Company Strategy and Development Direction - The company completed structural cost savings initiatives expected to deliver annualized savings of $15 million, with half of that coming this year [7] - The acquisition of Stuart Weitzman was completed, adding a new lead brand to the portfolio, with a focus on operational efficiency and profitability post-transition [8][9] - Strategic focuses include ongoing tariff mitigation, expense and capital discipline, and integrating Stuart Weitzman while fueling lead brands and Famous Footwear [23] Management's Comments on Operating Environment and Future Outlook - Management noted headwinds due to market uncertainty but highlighted improved sales trends and market share gains [5] - The tariff environment remains uncertain, with expectations of continued gross margin pressure in the second half of the year [17][33] - Management expressed confidence in executing strategic plans to improve financial performance and drive shareholder value [23] Other Important Information - The company expects to finalize purchase accounting for Stuart Weitzman and provide more information on its impact in the next earnings call [35] - Inventory at quarter end was $693 million, up 4.9% year over year, with a 2% increase in Famous and an 8.6% increase in Brand Portfolio [31] Q&A Session Summary Question: Can you provide insights on August performance and any shifts in the women's business? - Management noted improved traffic and conversion in brick-and-mortar stores, with flat average unit retails (AURs) [38] - The product assortment shift positively impacted sales, particularly with the launch of Jordan [39] Question: What are the expectations for gross margins moving forward? - Management anticipates less headwind from promotions in the back half of the year, with continued pressure from tariffs [41][42] Question: What is the expected impact of the Stuart Weitzman acquisition on sales and EBIT? - Management is not providing specific details at this time, as purchase accounting is still being finalized [46][47] Question: How is the consumer health of Famous Footwear and Brand Portfolio customers? - Management observed that consumers continue to prefer highly demanded national brands, with strong performance in back-to-school sales [60][61] Question: What mitigation tactics for tariffs are being employed? - The company is selectively passing through price increases and negotiating with factory partners for cost savings [64][66]

SECOND QUARTER 2025 SEPTEMBER 4, 2025 SAFE HARBOR UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This presentation contains certain forward-looking statements and expectations regarding the company's future performance and the performance of its brands. Such statements are subject to various risks and uncertainties that could cause actual results to differ materially. These risks include (i) changes in United States and international trade policies, including tariffs and trade restrictions; (ii) ...

Caleres Inc. (CAL) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -31.37%. A quarter ago, it was expected that this footwear wholesaler and retailer would post earnings of $0.37 per share when it actually produced earnings of $0.22, delivering a surprise of -40.54%.Over the last four ...

Exhibit 99.1 Caleres Reports Second Quarter 2025 Results ST. LOUIS, September 4, 2025 - Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today reported financial results for the second quarter 2025. "While we did experience headwinds due to market uncertainty, we demonstrated the strength and resilience of our company this quarter. Sales trends improved sequentially in both segments of our business and we saw market share gains in women's fashion footwear and in shoe chain ...

Core Viewpoint - Caleres has officially completed the acquisition of luxury footwear brand Stuart Weitzman for a total transaction value of $120.2 million, which includes cash compensation and adjustments for other operating capital [1] Group 1: Acquisition Details - The total transaction amount for the acquisition is $120.2 million [1] - The acquisition includes cash compensation and adjustments for other operating capital [1] Group 2: Brand Performance - Stuart Weitzman is known for its elegant and modern design style, making it a popular choice in the market [1] - The brand achieved sales of $220 million over the past 12 months, indicating strong performance in the high-end footwear market [1]

Group 1 - Tapestry, Inc. has completed the sale of the Stuart Weitzman brand to Caleres [1] - Caleres is a leading consumer-focused footwear brand management company [1][5] - The transaction involved financial advisory from Morgan Stanley for Tapestry and BofA Securities for Caleres [2] Group 2 - Tapestry, Inc. is a modern luxury lifestyle brand company based in New York, with brands including COACH and kate spade [3] - Stuart Weitzman, founded in 1986, is known for its craftsmanship and design, empowering women with its brand message [4] - Caleres has a portfolio of well-known brands and operates nearly 1,000 retail stores, along with a strong online presence [5]

The investigation concerns whether Caleres and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Caleres, Inc. ("Caleres" or the "Company") (NYSE: CAL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. CONTACT: Danielle Peyto ...