Caleres Inc. (CAL) Lags Q2 Earnings Estimates

Financial Performance - Caleres Inc. reported quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.51 per share, and down from $0.85 per share a year ago, representing an earnings surprise of -31.37% [1] - The company posted revenues of $658.52 million for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 1.21%, but down from $683.32 million year-over-year [2] - Over the last four quarters, Caleres has surpassed consensus EPS estimates just once and topped consensus revenue estimates only once [2] Stock Performance - Caleres Inc. shares have declined approximately 35.5% since the beginning of the year, contrasting with the S&P 500's gain of 9.6% [3] - The current Zacks Rank for Caleres is 5 (Strong Sell), indicating expectations for the stock to underperform the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.02 on revenues of $757.5 million, and for the current fiscal year, it is $2.00 on revenues of $2.73 billion [7] - The outlook for the Shoes and Retail Apparel industry, where Caleres operates, is currently in the top 32% of Zacks industries, suggesting potential for better performance compared to lower-ranked industries [8]