Caleres Guides Q4, FY25 Well Below Estimates; Shares Tumble 19% - Update
CaleresCaleres(US:CAL) RTTNews·2025-12-09 12:15

Financial Performance - Caleres, Inc. has re-initiated its earnings and adjusted earnings guidance for the full-year 2025, projecting figures well below analysts' estimates [1] - For fiscal 2025, the company expects a loss per share in the range of $0.13 to $0.18 and adjusted earnings between $0.55 to $0.60 per share, which includes a dilution of $0.60 to $0.65 from the acquisition of Stuart Weitzman [3] Analyst Expectations - Analysts had anticipated earnings of $1.73 per share for the year, with net sales growth of 0.73% to $2.74 billion [3] - For the fourth quarter, the company expects a loss per share on both reported and adjusted bases, while analysts expect earnings of $0.27 per share for the quarter [2] Market Conditions - The company indicated that it expects continued tariff pressure on gross margin and earnings dilution due to the recent acquisition [1]