CAL - Caleres, Inc.

NYSE - NYSE Delayed Price. Currency in USD
7.17
-0.51 (-6.64%)
At close: 4:00PM EDT
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Engulfing Line (Bearish)

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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close7.68
Open7.50
Bid7.08 x 800
Ask7.09 x 900
Day's Range7.07 - 7.69
52 Week Range3.12 - 24.87
Volume986,913
Avg. Volume1,240,439
Market Cap288.47M
Beta (5Y Monthly)2.14
PE Ratio (TTM)4.69
EPS (TTM)1.53
Earnings DateJun 04, 2020
Forward Dividend & Yield0.28 (3.65%)
Ex-Dividend DateMar 17, 2020
1y Target Est10.17
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-21% Est. Return
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  • Earnings Preview: Caleres Inc. (CAL) Q1 Earnings Expected to Decline
    Zacks

    Earnings Preview: Caleres Inc. (CAL) Q1 Earnings Expected to Decline

    Caleres Inc. (CAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Caleres Declares Regular Quarterly Dividend
    Business Wire

    Caleres Declares Regular Quarterly Dividend

    Caleres (NYSE: CAL,calers.com) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on July 1, 2020, to shareholders of record as of June 12, 2020.

  • Moody's

    Caleres, Inc. -- Moody's announces completion of a periodic review of ratings of Caleres, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Caleres, Inc. New York, May 18, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Caleres, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Caleres to Reopen Retail Stores
    Business Wire

    Caleres to Reopen Retail Stores

    Caleres (NYSE: CAL, caleres.com) today announced it has begun a phased reopening of its Famous Footwear and branded – Allen Edmonds, Naturalizer and Sam Edelman – retail stores in a safe and systematic manner.

  • Moody's

    Caleres, Inc. -- Moody's downgrades Caleres' CFR to B1

    Moody's Investors Service (Moody's) downgraded Caleres, Inc.'s (Caleres) corporate family rating (CFR) to B1 from Ba3, probability of default rating (PDR) to B1-PD from Ba3-PD and senior unsecured notes rating to B2 from B1. The speculative grade liquidity rating was downgraded to SGL-3 from SGL-2 and the outlook remains negative.

  • Caleres Expands Liquidity Position
    Business Wire

    Caleres Expands Liquidity Position

    Caleres (NYSE: CAL, caleres.com), a diverse portfolio of global footwear brands, today announced it has exercised a portion of the accordion feature on its asset-based revolving credit facility. The exercise increases the available borrowing capacity under the facility by $100 million to a total of $600 million.

  • Caleres lays off hundreds at its Clayton headquarters
    American City Business Journals

    Caleres lays off hundreds at its Clayton headquarters

    The global footwear company and retailer said it laid off 368 workers, including a large call center staff, at its Clayton headquarters due to the coronavirus pandemic.

  • Pay cuts, big borrowing: St. Louis public companies move to address coronavirus 'uncertainty'
    American City Business Journals

    Pay cuts, big borrowing: St. Louis public companies move to address coronavirus 'uncertainty'

    Firms fight to get ahead of effects from the coronavirus pandemic using cuts, furloughs and hundreds of millions of dollars in new borrowing.

  • Allen Edmonds temporarily furloughs employees, closes some production until end of month
    American City Business Journals

    Allen Edmonds temporarily furloughs employees, closes some production until end of month

    Caleres, the parent company to Port Washington-based Allen Edmonds, is reducing its operations in response to the COVID-19 pandemic. This includes temporary furloughs of some employees, closing of stores and redirection of manufacturing.

  • Caleres Provides Business Update
    Business Wire

    Caleres Provides Business Update

    Caleres (NYSE: CAL, caleres.com), a diverse portfolio of global footwear brands, today provided a business update in light of the rapidly evolving COVID-19 pandemic.

  • Thomson Reuters StreetEvents

    Edited Transcript of CAL earnings conference call or presentation 12-Mar-20 8:30pm GMT

    Q4 2019 Caleres Inc Earnings Call

  • Caleres Provides Update on COVID-19
    Business Wire

    Caleres Provides Update on COVID-19

    Caleres (NYSE: CAL, caleres.com), a diverse portfolio of global footwear brands, today provided an update on its ongoing response to the extensive spread of COVID-19. In addition to the previous steps the Company has taken to temporarily close its branded retail stores and certain Famous Footwear stores located in highly impacted areas, Caleres has elected to close its remaining Famous Footwear locations.

  • Moody's

    Caleres, Inc. -- Moody's downgrades Caleres' CFR to Ba3; negative outlook

    Moody's Investors Service (Moody's) downgraded Caleres, Inc.'s (Caleres) corporate family rating (CFR) to Ba3 from Ba2, probability of default rating (PDR) to Ba3-PD from Ba2-PD and senior unsecured notes rating to B1 from Ba3. The downgrades reflect Moody's view that the company will be unable to reduce leverage to a level that is appropriate for the Ba2 rating category in 2020 following weaker than expected 2019 earnings and as a result of the expectation for further near-term earnings declines and reduced cash flow generation.

  • New Strong Sell Stocks for March 17th
    Zacks

    New Strong Sell Stocks for March 17th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

  • Earnings Miss: Caleres, Inc. Missed EPS By 22% And Analysts Are Revising Their Forecasts
    Simply Wall St.

    Earnings Miss: Caleres, Inc. Missed EPS By 22% And Analysts Are Revising Their Forecasts

    One of the biggest stories of last week was how Caleres, Inc. (NYSE:CAL) shares plunged 26% in the week since its...

  • Caleres Inc. (CAL) Q4 Earnings and Revenues Surpass Estimates
    Zacks

    Caleres Inc. (CAL) Q4 Earnings and Revenues Surpass Estimates

    Caleres Inc. (CAL) delivered earnings and revenue surprises of 70.00% and 0.98%, respectively, for the quarter ended January 2020. Do the numbers hold clues to what lies ahead for the stock?

  • A ‘Challenging Footwear Market’ Hurts Caleres’ Q4 Profits, Sales
    Footwear News

    A ‘Challenging Footwear Market’ Hurts Caleres’ Q4 Profits, Sales

    Caleres Inc. today posted fourth-quarter earnings that fell short of expectations in what the firm's management has described as a challenging footwear market.For the quarter, the company posted adjusted earnings per share of 34 cents, compared with analysts' forecasts of 40 cents per share. Caleres said those results included a $0.07 dilution related to Vionic interest and amortization expense. Overall, revenues declined 3% to $698.9 million, missing Wall Street's forecast for sales of $711.1 million. Sales across the company's brand portfolio, which includes Sam Edelman, Via Spiga and Dr. Scholl’s, dropped nearly 10%. Meanwhile,  Famous Footwear, also a Caleres brand, posted sales of $369.5 million, a modest gain of 1.2%. Same-store sales for the chain were up 5.1%.Still, Diane Sullivan, CEO, president and chairman, said the company did experience a few bright spots, including robust digital growth (23% year over year), the relaunch of legacy brand Zodiac and an exclusive new partnership with Veronica Beard.“Despite a challenging footwear market that resulted in our earnings to be less than expected, Caleres made excellent progress on a range of value-creating strategic objectives during 2019,” she noted.The company also has been taking steps to tighten inventory levels, reduce capital expenditures and implement other cost-control initiatives. “Furthermore, we generated $170.8 million in cash flow from operations and put that cash to good use by investing wisely in our businesses, returning approximately $45 million to shareholders through our share repurchase program and longstanding dividend, and reducing the borrowing under our credit facility by $60 million," Sullivan added.Looking ahead, Caleres said it is proceeding with a cautious outlook in the face of growing coronavirus-related uncertainty. "In the short-term, we do anticipate disruptions related to the virus, and we are expecting headwinds between 15 cents and 20 cents per share in the first quarter of 2020," Sullivan said, noting that potential impacts on the company's full-year results are difficult to quantify at this time and that her team continues to carefully monitor the situation."We are approaching 2020 with a laser focus on managing the variables within our control and leveraging the capabilities of our operations and the investments we’ve made for the future," she said. "We are confident in the strength of our portfolio and firmly believe we have the right team and right strategy in place to manage through this dynamic marketplace." Want more?Caleres Braces for Impact as China Factories Remain Closed Amid CoronavirusAnalysts Are Bullish As Caleres Braces for Tariff ImpactsCaleres Unveils Ambitious Strategic Plan for 2022More from Footwear News * Every Aspiring Shoe Designer Should Have This Quality, According to Industry Experts * Why Caleres Inc. CEO Diane Sullivan Is FN's 2018 Person of the Year * Meet 5 of the Women Who Are Part of Caleres' Majority-Female Board

  • Caleres Reports Fourth Quarter and Full Year 2019 Results
    Business Wire

    Caleres Reports Fourth Quarter and Full Year 2019 Results

    Caleres (NYSE: CAL) (caleres.com), a diverse portfolio of global footwear brands, today reported fourth quarter 2019 financial results.

  • ACCESSWIRE

    Caleres, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / March 12, 2020 / Caleres, Inc. (NYSE:CAL) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 12, 2020 at 4:30 PM Eastern ...

  • It Might Be Better To Avoid Caleres, Inc.'s (NYSE:CAL) Upcoming Dividend
    Simply Wall St.

    It Might Be Better To Avoid Caleres, Inc.'s (NYSE:CAL) Upcoming Dividend

    Caleres, Inc. (NYSE:CAL) stock is about to trade ex-dividend in 4 days time. Ex-dividend means that investors that...

  • Caleres Regular Quarterly Dividend
    Business Wire

    Caleres Regular Quarterly Dividend

    The quarterly dividend for Caleres (NYSE: CAL, caleres.com) of $0.07 per share will be payable on April 2, 2020, to shareholders of record as of March 18, 2020.

  • Analysts Estimate Caleres Inc. (CAL) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Caleres Inc. (CAL) to Report a Decline in Earnings: What to Look Out for

    Caleres Inc. (CAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Sam Edelman Names John McPhee First-Ever Brand President
    Footwear News

    Sam Edelman Names John McPhee First-Ever Brand President

    Sam Edelman has named its first-ever president with the appointment of John McPhee. He will report to Sam Edelman, founder of the Caleres-owned brand.McPhee joins the company from Herman Miller Retail, where he served as president and COO since 2010. Prior to that, he was president of Design Within Reach, before it was acquired by Herman Miller.McPhee will partner with the brand's founder, Edelman, to aid his efforts in premiumizing brand by focusing on key areas such as finance, inventory management and retail operations. The addition of McPhee, noted the company, will allow Edelman to focus on product development and marketing."With Sam and John we now have a winning blend of complementary skills for the Sam Edelman brand," said Diane Sullilvan, CEO, president, and chairman of Caleres. "I am thrilled that John is joining us and look forward to the momentum that the combination of John and Sam as well as the rest of Sam's team will bring to our business."Said Edelman, "John is just the partner I have been looking for. Not only does he have deep knowledge from working within a public company, but he also brings entrepreneurial experience so essential to keeping pace with our consumer. Working together, I anticipate additional success as I trust his business sense and commitment to brand integrity."Added McPhee, "Sam is an icon in the shoe industry. I am excited about collaborating with him and working with the Sam Edelman team to drive continued success through a relentless focus on operational excellence, superior product, and deep consumer connection."Want more?Sam & Libby Edelman on How to Succeed in Business & Their Biggest MistakeSam Edelman's Wild Ride: From Aspiring Actor to Footwear Design LegendWhy Sam Edelman's Passions for Horses and Fashion Are a Winning ComboMore from Footwear News * Add Some Bling to Your Wardrobe With These Bejeweled Sneakers * Nordstrom's Half Yearly Sale Offers Huge Savings -- Here's What to Buy * Most Stylish Studded Heels That Take Your Style Up a Notch

  • Could Caleres, Inc. (NYSE:CAL) Have The Makings Of Another Dividend Aristocrat?
    Simply Wall St.

    Could Caleres, Inc. (NYSE:CAL) Have The Makings Of Another Dividend Aristocrat?

    Is Caleres, Inc. (NYSE:CAL) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...

  • Thomson Reuters StreetEvents

    Edited Transcript of CAL earnings conference call or presentation 25-Nov-19 9:30pm GMT

    Q3 2019 Caleres Inc Earnings Call