|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||28.88 - 29.46|
|52 Week Range||26.63 - 41.09|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||14.09|
|Earnings Date||Mar 11, 2019 - Mar 15, 2019|
|Forward Dividend & Yield||0.28 (0.96%)|
|1y Target Est||35.75|
Caleres (CAL)(caleres.com) today announced Marci Grebstein will join Caleres as senior vice president of marketing for Famous Footwear on Feb. 19. Famous Footwear is the largest brand in the Caleres portfolio, with over $1.6 billion in annual revenue. Grebstein will oversee all aspects of marketing for Famous Footwear’s more than 1,100 stores and famous.com, including market research, marketing strategy, brand positioning, creative, traditional and digital media, loyalty program, customer relationship management, visual merchandising, special events, cause marketing, and more.
Moody's Investors Service ("Moody's") upgraded Caleres, Inc.'s ("Caleres") Speculative Grade Liquidity rating to SGL-2 from SGL-3. The change in the Speculative Grade Liquidity Rating to SGL-2 from SGL-3 reflects the maturity extension of its asset based revolving credit facility ("ABL") to January 2024 from December 2019, albeit with a smaller capacity of $500 million down from $600 million. The affirmation of all other ratings with a stable outlook reflects Moody's expectations that revolver repayment will drive an improvement in Caleres' leverage and interest coverage over the next eighteen months to levels that are in line with the factors outlined for the Ba2 CFR.
Caleres Inc NYSE:CALView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate Bearish sentimentShort interest | NeutralShort interest is moderate for CAL with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CAL totaled $1.05 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, Feb. 06, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Rapper Mvstermind collaborates with Dr. Scholl’s Shoes to create a modern shoe. Dr. Scholl’s Shoes continues their innovative approach to footwear design by collaborating with ascending St. Louis rapper and producer Mvstermind. The “MVSTERMIND” shoe is a limited release men’s sneaker designed by the artist himself in collaboration with Claude Leco, a designer for the brand.
Contemporary shoe brand Naturalizer is poised to open two new flagship stores in Chicago’s and New York City’s most coveted shopping arteries. Both the Chicago shop, located on State Street, and the New York location, on 34th Street near Herald Square, will open in early February. Carefully cultivated to reflect the brand’s heritage while incorporating modern elements, Naturalizer flagships will offer the ultimate brand experience designed specifically with their customer in mind.
Two important questions to ask before you buy Caleres, Inc. (NYSE:CAL) is, how it makes money and how it spends its cash. After investment, what’s left over is what belongs Read More...
Caleres (CAL) (caleres.com) today announced it has entered into an amendment of its credit agreement, which extends its senior secured asset-based revolving credit facility to January 2024, reduces upfront and unused borrowing fees, provides for less restrictive covenants, and offers more flexibility. The company’s borrowing capacity under the agreement is $500 million, and the agreement includes an accordion feature, which allows the company to request an increase in the size of the facility to $750 million in the aggregate. The credit facility will be used for working capital, as backing for trade letters of credit, and for investments in infrastructure, potential acquisitions and general corporate purposes.
Caleres, Inc. (NYSE:CAL), which is in the specialty retail business, and is based in United States, saw a double-digit share price rise of over 10% in the past couple of Read More...
Moody's Investors Service ("Moody's") said that Caleres, Inc.'s (Ba2 stable) recent announcement that it had completed the repurchase of the remaining shares under its 2011 share repurchase program and put in place a new share repurchase authorization is modestly credit negative but does not impact the ratings. The increased share repurchases are modestly credit negative because they slow down the repayment of ABL revolver borrowings and credit metric improvement following the October 2018 debt-financed Vionic acquisition for $360 million. Following the acquisition, Caleres had $350 million outstanding under its $600 million asset-based revolver as of November 3, 2018.
Addition of up to 2.5 million shares displays confidence in company’s long-term prospects and honors commitment to return value to shareholders
The quarterly dividend for Caleres of $0.07 per share, will be payable on January 9, 2019, to shareholders of record as of December 24, 2018.
St. Louis has had a blockbuster year in mergers and acquisitions, though two big company headquarters — Monsanto Co. and Express Scripts Holding Co. — are being lost in the process.
After reading Caleres, Inc.'s (NYSE:CAL) most recent earnings announcement (03 November 2018), I found it useful to look back at how the company has performed in the past and compare Read More...
Caleres, Inc. (CAL) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
NEW YORK, Nov. 28, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Caleres Inc. (CAL) delivered earnings and revenue surprises of -11.96% and 3.28%, respectively, for the quarter ended October 2018. Do the numbers hold clues to what lies ahead for the stock?