Caleres Q2 Earnings Miss Estimates, Sales Decline 3.6% Y/Y

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 ...