Caleres (NYSE:CAL) Issues FY 2025 Earnings Guidance

Caleres (NYSE:CAL) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.800-3.200 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

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

Caleres Stock Down 2.0 %

CAL traded down $0.33 during trading on Thursday, reaching $16.06. The stock had a trading volume of 213,262 shares, compared to its average volume of 627,220. The firm has a market capitalization of $540.05 million, a price-to-earnings ratio of 3.56 and a beta of 1.82. Caleres has a 1-year low of $15.00 and a 1-year high of $44.51. The stock has a 50 day moving average of $17.78 and a two-hundred day moving average of $25.78.

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

Caleres Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 27th will be given a $0.07 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.28 annualized dividend and a dividend yield of 1.74%. Caleres’s dividend payout ratio (DPR) is presently 6.24%.

Insider Transactions at Caleres

In other Caleres news, Director Kyle Gendreau bought 5,000 shares of the firm’s stock in a transaction dated Friday, January 17th. The stock was acquired 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 directly owns 5,000 shares in the company, valued at approximately $99,650. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.80% of the stock is currently owned by insiders.

About Caleres

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.