Advertisement
Advertisement
U.S. Markets close in 2 hrs 19 mins
Advertisement
Advertisement
Advertisement
Advertisement

Caleres, Inc. (CAL)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
23.290.00 (0.00%)
As of 1:38PM EDT. Market open.
Advertisement
Sign in to post a message.
  • b
    blummie
    $3.5 in earnings this year. Put a 12 PE on that and you get $40. Let the next week of options expire and you'll get through the next overhang.
  • M
    Mitchell
    I’m the mall now and walked by a famous footwear.. never seen a store so packed l.. Making me wonder if I should add to my portfolio. Have to do more DD.
    Bullish
  • M
    Muny_makr
    another day where there is high selling volume right at the end of the day that drove the stock price down. looks like major manipulation to me.
  • J
    Joel
    CAL will be above 30 after earnings. kids back to school. moms need shoes.
  • s
    scott
    they crushed it
  • H
    Harl
    Caleres posted a $5.4 million loss last year, but Chief Executive Diane Sullivan saw her pay rise 17 percent to $8.3 million.

    Diane M. Sullivan - President &Sullivan earned a salary of $1.15 million and bonus of $1.18 million, which was 68 percent of the target amount. Details of her compensation were reported in a proxy statement filed Thursday.
    Sullivan's pay also included a $182,537 increase in pension value and a few perquisites: $25,000 for financial and tax planning, $43,968 for personal flights on company planes and $10,000 of complimentary products and matching charitable gifts.

    Sullivan earned 381 times as much as a median Caleres employee. The company says its 12,055 employees, 40 percent of whom are part-time, earned median pay of $21,839.

    The Clayton-based shoe company reported last month that it lost $5.4 million in fiscal 2018, which ended Feb. 2.

    Caleres' share price rose 3 percent during the fiscal year.

    Sullivan's golden parachute -- the amount she can collect if she leaves Caleres after a takeover -- is valued at $25.6 million. That includes $10.4 million in cash severance and bonus, $14.1 million of accelerated stock and long-term awards plus $1 million of extra retirement benefits.
  • D
    David
    Huge changes coming this week from Caleres, extended furloughs, pay cuts, store closings. Not looking like a recovery anytime soon
    Bearish
  • J
    Joel
    here we go. up up and away!
  • G
    Green
    Nice beat. Lots of online sales. Famous Footware doing great!
  • s
    sheer
    It may be difficult to choose a specific stock to include in your watchlist. However, you can sign up at https://tradepicker.today/xk3lz7 as they do all the stock analysis and share a potential watchlist comprising of top stocks that you can have your eyes on before the open
    Join today and have our top stock picks, tips, and trade advice at your finger tips tomorrow!
    Join today and have our top stock picks, tips, and trade advice at your finger tips tomorrow!
    tradepicker.today
  • M
    MarkL
    28 year low at $13.40 and down more than $27.00 a share over the past 18 months. My prediction for the March 12 earnings release is the same as 6 months ago. Softball questions and and no followups on the abysmal performance from the so called analysts performing like puppets from Jim Henson's workshop instead of being real analysts. Pathetic. Great wholesale brands continuing to drift rudderless in the rough water of today's rough retail stormy seas. Only the standout performance of Famous Footwear is keeping the boat from capsizing. Something is rotten here when the stock is down almost 70% while the stock market at large is up almost 30% in the same period. But on March 22, IMHO, there will be only slow softball questions for Caleres senior management. Heck, the board will probably give out performance bonus's. Pathetic.
  • A
    Anonymous
    My experience about conversation boards is that little attention is paid to them. I read them to gain insight on company culture, most seem to be written by former employees with an axe to grind. That being said, I agree with most of the people posting. IMHO, Caleres has tremendously overpaid for the Bass disaster, Allen Edmonds, and now Vionic. Roughly a half billion dollars that IMHO would have been way better spent on leveraging Famous Footwear to become THE leader in omni-channel footwear retail. IMHO, Famous Footwear's continuing tremendous earning performance gets spend on dubious purchases of new wholesale brands. They already had a stable of great brands. Why not invest and expand those. Does the CEO have NO confidence in them to execute and so flees to outside businesses for talent? A very confusing and confounding strategy that seems aimless and rudderless. Lack of cogent leadership seems to be to me the reason for the erratic misplacing of capital resources.
  • H
    Harl
    Many of the better retail CEO's are suspending their salaries during these trying times. Is Ms Sullivan doing the same?#$%$?s Sporting GoodsIn a filing with the Securities and Exchange Commission on March 19, the Coraopolis, Penn.-based company announced that chairman and CEO Edward Stack and president Lauren Hobart will receive no salary ? other than an amount covering their benefits ? starting March 29. In addition, EVP and CFO Lee Belitsky?s pay will be cut by 50%. On March 23, FN reported that Kurt Geiger CEO Neil Clifford had suspended his own salary until the brand?s stores are able to reopen again ? part of a wider plan to reduce costs to support the business.PumaThe sportswear giant announced on March 24 that its three top execs ? CEO Bjorn Gulden, CFO Michael Laemmermann and chief sourcing officer Anne-Laure Descours ? have agreed to waive their April salaries in full. Puma has also announced a 25% reduction in next month?s pay for senior managers, including general managers and directors.Erik and Pete Nordstrom will decline their own salaries from April to September, and the executive leadership group will forgo a part of their salaries as well. In addition, all members of the company?s board will not take cash compensation for a six-month period.
  • M
    Marky Mark
    A lot of debt
    Bearish
  • G
    Glover
    What’s the deal with $CAL ? Fantastic qtr , great vaccine news . Why down??
  • K
    Kevin
    Someone is determined to keep this down. So much dumping on the bid since earnings.
    Bullish
  • H
    Harl
    So CAL stock price on 2/11/2019 was 29.15. Today it is 17.54 or a 1 year annual return of -39.7%. During the same period the S&P returned 21.68%.
    For 2019, Diane Sullivan received over $14,000,000 in salary and bonus ($8,000,000). Pay for performance???? What a joke.

    The company will tell you the footwear industry was under extreme pressure as was retail...however their peers which includes Nike, Sketchers, DSW and many more all had good years and very nice increases in their stock prices.
    In my humble opinion it is time for Caleres to bring some male experience back into the fold and get rid of non performing CEO's and executives...the experiment hasn't worked!

    By the way, Caleres just lost the license for Santana brand and the Vionic brand that was bought a year ago at it's peak has been run into the ground. Not sure their new resurrection of the Zodiac brand every materialized...don't see that product anywhere and besides that name is long dead.

    The girls have ruined this once fine company. Can't wait to see what Diane's bonus for this year will be.
  • M
    MarkL
    Cal stock price $40.48 on 8/27/2018 and $8.33 during 3/11/2020. 79%+ drop in stock price. CEO takes home $240 million after cashing out stock options, exec.benefits, stock grants, salary, and bonus' over the past 3 years. No analyst will will ask any real questions. $500 million squandered in dubious purchases of other wholesale businesses that were supposed to be accretive to earnings.Ten of millions in charges to earnings to these "great' businesses that were acquired. Wonder if the "so called analysts" will feel any heat in being one of the Henson puppets rubber stamping outrageous compensation relative to actual performance. IMHO, Covid-19 and China will be used to cover gross incompetence of leadership and so will free analysts from asking hard/easy questions tomorrow. Pathetic! But who cares. IMHO, not the packed board. Not the analysts.Not even the rank and file who all know that the rat stinks from the head down. Pathetic!
  • M
    MarkL
    Diane Sullivan's take away money at $240 million over the past 3-5 years years (from all sources (ie options,stock grants, bonus',salary, special benefits etc.) is roughly 25% more than the total value of the market cap of Caleres today. I am sure bonus' and further stock grants, and options are going to be announced soon. IMHO, legalized stealing.
  • w
    wil
    The sad thing here is the board will not hold anyone accountable for this disaster. Meanwhile upper management keep getting rewarded while stock holders are feeling the heat. So sad. Is this were regular workers they will have been gone long ago. But the board is in bed with the management.
Advertisement
Advertisement