Caleres Sees Strong Growth In FY26; Shares Surge 9.7% - Update

While reporting financial results for the fourth quarter on Thursday, footwear brand Caleres, Inc. (CAL) initiated its earnings and adjusted earnings guidance for the full-year 2026.For the first quarter, the company expects earnings in a range of $0.21 to $0.26 per share and adjusted earnings in a range of $0.25 to $0.30 per share on consolidated net sales growth in mid to high-single digits.looking ahead to fiscal 2026, the company now projects earnings in a range of $1.31 to $1.61 per share and adjusted ...