Caleres (NYSE:CAL) Issues FY 2025 Earnings Guidance

Caleres (NYSE:CAL) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.800-3.200 for the period, compared to the consensus estimate of 3.990. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion. Caleres also updated its Q1 2025 guidance to 0.350-0.400 EPS.

Analyst Upgrades and Downgrades

Separately, Loop Capital decreased their price objective on shares of Caleres from $30.00 to $25.00 and set a “hold” rating for the company in a research note on Friday, December 6th.

Caleres Stock Down 2.0 %

NYSE CAL traded down $0.33 during trading hours on Thursday, hitting $16.06. 213,262 shares of the stock were exchanged, compared to its average volume of 627,220. The company has a market cap of $540.05 million, a price-to-earnings ratio of 3.56 and a beta of 1.82. Caleres has a 12-month low of $15.00 and a 12-month high of $44.51. The stock has a 50-day moving average of $17.78 and a 200 day moving average of $25.78.

Caleres (NYSE:CAL) last issued its earnings results on Thursday, March 20th. The textile maker reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.06. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The company had revenue of $639.20 million during the quarter, compared to analysts’ expectations of $645.79 million. During the same period last year, the company posted $0.86 earnings per share. The firm’s quarterly revenue was down 8.3% compared to the same quarter last year. On average, equities research analysts expect that Caleres will post 3.23 earnings per share for the current year.

Caleres Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders 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 1.74%. Caleres’s dividend payout ratio (DPR) is 6.24%.

Insider Activity at Caleres

In other news, Director Kyle Gendreau purchased 5,000 shares of the stock in a transaction on Friday, January 17th. The stock was purchased at an average price of $19.93 per share, with a total value of $99,650.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at approximately $99,650. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 3.80% of the stock is owned by 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.