Caleres Inc. (CAL) Q3 Earnings Miss Estimates

Core Viewpoint - Caleres Inc. reported quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.75 per share, and showing a decline from $1.23 per share a year ago, indicating a significant earnings surprise of -10.67% [1][2] Financial Performance - The company posted revenues of $790.05 million for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 2.55%, and showing an increase from $740.94 million year-over-year [2] - Over the last four quarters, Caleres has exceeded consensus revenue estimates two times [2] Stock Performance - Caleres shares have declined approximately 41.8% since the beginning of the year, contrasting with the S&P 500's gain of 16.4% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $708.55 million, and for the current fiscal year, it is $1.65 on revenues of $2.75 billion [7] - The trend of estimate revisions for Caleres was mixed ahead of the earnings release, which may change following the recent report [6] Industry Context - The Shoes and Retail Apparel industry, to which Caleres belongs, is currently ranked in the bottom 36% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Caleres' stock performance [5]