Caleres (NYSE:CAL) Updates Q1 2025 Earnings Guidance

Caleres (NYSE:CAL) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.350-0.400 for the period, compared to the consensus earnings per share estimate of 0.880. The company issued revenue guidance of $619.6 million-$626.2 million, compared to the consensus revenue estimate of $652.6 million. Caleres also updated its FY 2025 guidance to 2.800-3.200 EPS.

Caleres Stock Performance

NYSE CAL opened at $16.92 on Friday. The firm’s fifty day moving average price is $17.68 and its two-hundred day moving average price is $25.72. The stock has a market cap of $568.83 million, a PE ratio of 3.77 and a beta of 1.82. Caleres has a fifty-two week low of $15.00 and a fifty-two week high of $44.51.

Caleres (NYSE:CAL) last posted its earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.06. The firm had revenue of $639.20 million for the quarter, compared to analysts’ expectations of $645.79 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The company’s revenue was down 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.86 earnings per share. As a group, sell-side analysts predict that Caleres will post 3.23 earnings per share for the current fiscal year.

Caleres Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.07 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.66%. Caleres’s payout ratio is presently 6.24%.

Wall Street Analyst Weigh In

Separately, Loop Capital cut their price target on shares of Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a report on Friday, December 6th.

Insider Transactions at Caleres

In other Caleres news, Director Kyle Gendreau purchased 5,000 shares of the business’s stock in a transaction dated Friday, January 17th. The shares were bought at an average price of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the acquisition, the director now owns 5,000 shares in the company, valued at approximately $99,650. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.80% of the stock is owned by company insiders.

Caleres Company Profile

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr.