Stuart Weitzman

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The Luxury Stock That Quietly Beat Bitcoin, Nvidia, and the S&P 500
Medium· 2025-10-02 06:40
The Luxury Stock That Quietly Beat Bitcoin, Nvidia, and the S&P 500Concord Capital Intelligence4 min read·Just nowJust now--When thinking about high returns — sometimes double or even triple-digit gains — how often do you immediately think of technology or cryptocurrency mining stocks? Most likely, names like Nvidia, Riot Platforms, or Marathon Digital come to mind. And that makes sense. When investors picture market outperformance, their thoughts often go straight to the usual suspects: tech titans, AI-dri ...
Saucony's Strong Performance Poised to Propel WWW's Growth in 2025
ZACKS· 2025-10-01 15:51
Key Takeaways Wolverine reported broad-based Q2 growth, led by Saucony's 41.5% y/y revenue jump and record sales.Merrell marked its fourth straight quarter of growth with lighter, faster trail footwear driving demand.Sweaty Betty and Wolverine delivered margin expansion through campaigns, innovation and premium launches.Wolverine World Wide, Inc. (WWW) delivered strong brand results in the second quarter of 2025, with Saucony leading the portfolio. The brand posted a 41.5% year-over-year revenue increase, a ...
Tapestry CEO Joanne Crevoiserat’s Pay Tops $17M in 2025
Yahoo Finance· 2025-09-29 16:37
The last year was a tricky one for Tapestry Inc., which dropped its $8.5 billion deal to buy Michael Kors parent Capri Holdings, sold off Stuart Weitzman and continued to work toward a Kate Spade turnaround. But chief executive officer Joanne Crevoiserat managed to navigate it well, exceeding her own personal financial targets as the Coach brand went from strength to strength. More from WWD Crevoiserat’s total compensation package grew 12.4 percent to $17.3 million in fiscal 2025, according to the compan ...
Caleres to Participate in 2025 Global Consumer & Retail Conference
Businesswire· 2025-09-24 20:30
Core Insights - Caleres will participate in the 2025 Global Consumer & Retail Conference starting October 8 in New York, hosted by Telsey Advisory Group and Santander Corporate & Investment Banking [1][2] Company Overview - Caleres is a market-leading portfolio of global footwear brands, including Famous Footwear, Sam Edelman, Stuart Weitzman, Allen Edmonds, Naturalizer, and Vionic, with nearly 1,000 retail stores and a strong online presence [3] Financial Performance - For the second quarter of 2025, Caleres reported consolidated sales of $658.5 million, a decrease of 3.6% compared to the previous year, with Brand Portfolio sales down 3.5% due to tariff impacts and a decline in Famous Footwear sales by 4.9% [5]
Caleres(CAL) - 2026 Q2 - Earnings Call Transcript
2025-09-04 15:00
Financial Data and Key Metrics Changes - The company reported second quarter sales of $658.5 million, a decline of 3.6% year over year, with sales trends improving sequentially in both segments [24][10] - Adjusted earnings per share were $0.35, down from $0.85 in the previous year [30] - Consolidated gross margin was 43.4%, down 20 basis points compared to last year, driven by lower margins in both segments [26] Business Segment Data and Key Metrics Changes - Brand Portfolio sales declined 3.5%, with lead brands growing about 1% in North America and 3.6% globally [25][11] - Famous Footwear sales were down 4.9%, with comparable sales declining 3.4% [25][19] - The Brand Portfolio experienced gross margin pressure due to tariffs and markdown reserves, while Famous Footwear's gross margin was 43.7%, down 130 basis points [26][27] Market Data and Key Metrics Changes - International sales increased by double digits, and the company gained market share in women's fashion footwear [6][11] - E-commerce sales for Famous Footwear were up double digits, particularly in May and July [19] - The company gained 0.6 points of kids market share in shoe chains during the quarter [22] Company Strategy and Development Direction - The company completed structural cost savings initiatives expected to deliver annualized savings of $15 million, with half of that coming this year [7] - The acquisition of Stuart Weitzman was completed, adding a new lead brand to the portfolio, with a focus on operational efficiency and profitability post-transition [8][9] - Strategic focuses include ongoing tariff mitigation, expense and capital discipline, and integrating Stuart Weitzman while fueling lead brands and Famous Footwear [23] Management's Comments on Operating Environment and Future Outlook - Management noted headwinds due to market uncertainty but highlighted improved sales trends and market share gains [5] - The tariff environment remains uncertain, with expectations of continued gross margin pressure in the second half of the year [17][33] - Management expressed confidence in executing strategic plans to improve financial performance and drive shareholder value [23] Other Important Information - The company expects to finalize purchase accounting for Stuart Weitzman and provide more information on its impact in the next earnings call [35] - Inventory at quarter end was $693 million, up 4.9% year over year, with a 2% increase in Famous and an 8.6% increase in Brand Portfolio [31] Q&A Session Summary Question: Can you provide insights on August performance and any shifts in the women's business? - Management noted improved traffic and conversion in brick-and-mortar stores, with flat average unit retails (AURs) [38] - The product assortment shift positively impacted sales, particularly with the launch of Jordan [39] Question: What are the expectations for gross margins moving forward? - Management anticipates less headwind from promotions in the back half of the year, with continued pressure from tariffs [41][42] Question: What is the expected impact of the Stuart Weitzman acquisition on sales and EBIT? - Management is not providing specific details at this time, as purchase accounting is still being finalized [46][47] Question: How is the consumer health of Famous Footwear and Brand Portfolio customers? - Management observed that consumers continue to prefer highly demanded national brands, with strong performance in back-to-school sales [60][61] Question: What mitigation tactics for tariffs are being employed? - The company is selectively passing through price increases and negotiating with factory partners for cost savings [64][66]
Caleres(CAL) - 2026 Q2 - Earnings Call Presentation
2025-09-04 14:00
Financial Performance - Q2 2025 - Sales decreased to $659 million, a 3.6% decrease compared to $683 million in 2Q24[19, 16] - Adjusted Earnings Per Share (EPS) decreased to $0.35, compared to $0.85 in 2Q24[19, 16] - Gross margin was 43.4%, down 210 bps compared to 2Q24[19] - Inventory increased by 5% compared to 2Q24[19] - Adjusted EBITDA was $163 million[19] Segment Performance - **Famous Footwear:** Sales were $400 million, down 4.9% year-over-year, with comparable sales down 3.4%[26] Gross margin was 43.7%, down 130 bps year-over-year[26] - **Brand Portfolio:** Sales were $276 million, down 3.5% compared to 2Q24, including a $10 million impact from tariffs[21] Gross margin was 40.3%, down 240 bps compared to 2Q24[22] Outlook - Famous Footwear expects comparable sales to be up 1% in August, down low-single digits in September and October[30] - The Brand Portfolio expects Q3 gross margin to be down similar to Q2, with Q4 trends improving as mitigation strategies benefit[30] Strategic Initiatives - The company achieved $15 million in annualized, structural savings[14] - The company is partnering with a consulting firm to explore additional structural cost savings across the portfolio[30]
Can Wolverine World Wide Sustain Its Brand-Led Momentum Through 2025?
ZACKS· 2025-08-18 15:46
Core Insights - Wolverine World Wide, Inc. (WWW) reported a strong second quarter in 2025, with revenues increasing by 11.5% year over year to $474.2 million, driven by brand momentum, particularly from Saucony and Merrell [1][10] Brand Performance - Saucony achieved record second-quarter revenues, rising 41.5% year over year, with a gross margin expansion of 560 basis points, supported by successful product launches and expanded lifestyle distribution [2][10] - Merrell experienced a revenue growth of 10.7% and nearly 600 basis points of margin expansion, bolstered by modernized trail offerings and increased lifestyle footwear appeal [3][10] - Sweaty Betty narrowed its revenue decline to 6.1% while improving margins by over 500 basis points, focusing on restoring its premium positioning through targeted campaigns [4] - The Wolverine brand also showed progress with new premium product introductions, contributing to overall growth alongside Saucony and Merrell [5] Competitive Landscape - Key competitors in the footwear industry include Deckers Outdoor Corporation, Tapestry, Inc., and Urban Outfitters Inc., with Deckers showing strong performance through its flagship brands HOKA and UGG [6][7][8][9] Financial Metrics - WWW's shares have gained 29.3% year to date, contrasting with a 1.5% decline in the industry [11] - The company trades at a forward price-to-earnings ratio of 19.78X, significantly below the industry average of 30.45X [12] - The Zacks Consensus Estimate for WWW's financial 2025 earnings indicates a year-over-year growth of 44%, with a 17.2% increase projected for 2026 [13]
Tapestry (TPR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-08-14 14:30
The reported revenue represents a surprise of +2.3% over the Zacks Consensus Estimate of $1.68 billion. With the consensus EPS estimate being $1.01, the EPS surprise was +2.97%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. For the quarter ended June 2025, Tapestry (TPR) repor ...
Top Wall Street Forecasters Revamp Tapestry Expectations Ahead Of Q4 Earnings
Benzinga· 2025-08-14 08:11
Group 1 - Tapestry, Inc. is set to release its fourth-quarter earnings results on August 14, with analysts expecting earnings of $1.02 per share, an increase from $0.92 per share in the same period last year [1] - The projected quarterly revenue for Tapestry is $1.68 billion, compared to $1.59 billion a year earlier [1] - Tapestry's shares rose by 2.4% to close at $113.53 following a renewed multi-year collaboration with Gen Phoenix, a leader in eco-friendly recycled leather fibers [2] Group 2 - Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating and raised the price target from $92 to $125 [8] - UBS analyst Jay Sole maintained a Neutral rating and increased the price target from $73 to $112 [8] - B of A Securities analyst Lorraine Hutchinson downgraded the stock from Buy to Hold while raising the price target from $95 to $115 [8] - JP Morgan analyst Matthew Boss maintained an Overweight rating and raised the price target from $104 to $145 [8] - Raymond James analyst Rick Patel reiterated an Outperform rating and boosted the price target from $85 to $115 [8]
Stay Ahead of the Game With Tapestry (TPR) Q4 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2025-08-11 14:16
Core Viewpoint - Tapestry (TPR) is expected to report quarterly earnings of $1.00 per share, an increase of 8.7% year-over-year, with revenues projected at $1.68 billion, reflecting a 5.7% increase compared to the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.4%, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts project 'Net Sales- Coach' to reach $1.39 billion, a year-over-year increase of 10.8% [5]. - 'Net Sales- Stuart Weitzman' is estimated at $43.30 million, reflecting a decline of 14.4% year-over-year [5]. - 'Net Sales- Kate Spade' is expected to be $254.21 million, indicating a decrease of 12.4% from the previous year [5]. Geographic Sales Estimates - 'Geographic Net Sales- North America' is projected to be $1.09 billion, a 6.4% increase year-over-year [6]. - 'Geographic Net Sales- Greater China' is estimated at $244.83 million, reflecting a 5.4% increase [6]. - 'Geographic Net Sales- Greater China- Coach' is expected to be $225.72 million, indicating a 7.8% increase [6]. - 'Geographic Net Sales- Other Asia- Coach' is projected at $181.62 million, a decrease of 2.1% [7]. - 'Geographic Net Sales- Other- Coach' is estimated at $124.89 million, reflecting a 24.2% increase year-over-year [7]. Store Count Projections - The total number of Coach stores (North America + International) is expected to reach 921, down from 930 in the same quarter last year [8]. - The total number of Stuart Weitzman stores is projected to be 86, down from 94 year-over-year [8]. - The total number of stores (EOP) is estimated at 1,375, compared to 1,402 in the previous year [9]. - The total number of Kate Spade stores is expected to be 368, down from 378 year-over-year [9]. Stock Performance - Tapestry shares have increased by 10.8% over the past month, outperforming the Zacks S&P 500 composite, which rose by 2.7% [9].