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CAL

Caleres, Inc.

CAL

Caleres, Inc. • NYSE
$11.71 ▼ -0.76% (-0.09)
Market Cap $396.30 M
52w High $33.22
52w Low $9.54
Dividend Yield 0.28%
P/E 6.65
Volume 489.07K
Outstanding Shares 33.84M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $658.519M ▲ $276.503M ▲ $6.45M ▼ 0.979% ▼ $0.2 ▼ $25.65M ▼
Q1-2025 $614.221M ▼ $267.11M ▼ $6.943M ▲ 1.13% ▲ $0.21 ▲ $27.054M ▲
Q4-2024 $639.226M ▼ $267.238M ▼ $4.93M ▼ 0.771% ▼ $0.15 ▼ $19.682M ▼
Q3-2024 $740.941M ▲ $270.262M ▲ $41.427M ▲ 5.591% ▲ $1.28 ▲ $56.698M ▼
Q2-2024 $683.317M $268.349M $29.958M 4.384% $0.85 $57.524M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $191.494M ▲ $2.152B ▲ $1.53B ▲ $613.296M ▲
Q1-2025 $33.139M ▲ $1.908B ▲ $1.295B ▲ $605.179M ▲
Q4-2024 $29.636M ▼ $1.895B ▼ $1.289B ▼ $599.024M ▲
Q3-2024 $33.685M ▼ $1.956B ▼ $1.35B ▼ $598.284M ▼
Q2-2024 $51.753M $2.02B $1.407B $606.062M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $6.45M ▲ $44.383M ▲ $-12.426M ▲ $126.364M ▲ $158.355M ▲ $30.853M ▲
Q1-2025 $5.946M ▲ $-5.657M ▼ $-21.146M ▼ $30.277M ▲ $3.503M ▲ $-26.803M ▼
Q4-2024 $3.907M ▼ $28.707M ▲ $-11.358M ▲ $-21.308M ▼ $-4.049M ▲ $17.349M ▲
Q3-2024 $41.119M ▲ $-39.841M ▼ $-18.52M ▼ $40.225M ▲ $-18.068M ▼ $-58.361M ▼
Q2-2024 $30.273M $79.622M $-11.482M $-47.067M $21.044M $68.14M

Revenue by Products

Product Q2-2024Q3-2024Q4-2024Q2-2025
Brand Portfolio
Brand Portfolio
 $290.00M ▲$320.00M ▲$300.00M ▼$280.00M ▼
Famous Footwear
Famous Footwear
 $420.00M ▲$430.00M ▲$360.00M ▼$400.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Caleres has moved from a sharp loss during the pandemic to consistently solid profitability. Sales peaked a couple of years ago and have eased a bit since, but gross profit and operating margins have held up reasonably well, suggesting decent pricing power and cost control. Earnings per share are strong relative to the company’s pandemic history, though they have drifted down from their recent high point, which hints at a more mature, steady phase rather than rapid growth. Overall, the income statement shows a healthy, profitable footwear business that is managing through a slower top-line environment by focusing on mix, inventory discipline, and margin protection.

Balance Sheet

Balance Sheet The balance sheet looks much stronger than it did a few years ago. Total assets are fairly stable, but debt has been brought down meaningfully while equity has been rebuilt, which lowers financial risk and gives the company a better cushion against downturns. The main watch point is that on-hand cash is quite lean, meaning Caleres likely depends on ongoing cash generation and credit facilities to run the business. In short, leverage has improved and the capital structure is healthier, but liquidity still needs careful day‑to‑day management given the working-capital demands of footwear and retail inventories.

Cash Flow

Cash Flow Detailed cash flow numbers are not provided, but the pattern of reduced debt and rebuilt equity strongly implies that Caleres has been generating solid cash from operations over the last several years. That cash has likely gone toward paying down borrowings, funding moderate investment in the business, and supporting portfolio moves. The low cash balance suggests the company tends to reinvest or deploy cash rather than let it accumulate, which is efficient when times are good but can make the business more sensitive to any sudden slowdown, inventory build, or acquisition-related outlay. Investors should watch working capital swings and seasonal cash needs in this type of retail-heavy model.

Competitive Edge

Competitive Edge Caleres competes in a very crowded footwear market but benefits from a diversified brand and channel setup. It owns well-known comfort and fashion brands and also operates Famous Footwear, giving it reach across value, mid-price, and more premium segments. Its focus on comfort, fit, and wellness-oriented technologies helps differentiate its brands from pure fashion players, and the mix of direct-to-consumer, e‑commerce, and wholesale distribution spreads risk across multiple sales channels. At the same time, the company faces ongoing pressure from global brands, fast fashion, and online marketplaces, so maintaining brand relevance, managing promotions, and keeping assortments tight remain critical to preserving its competitive edge and margins.

Innovation and R&D

Innovation and R&D Innovation at Caleres is practical and product-focused rather than lab-heavy. The company leans into proprietary comfort and support technologies, such as specialized insoles and podiatrist-informed designs, to make its shoes both stylish and wearable all day. It is also investing in sustainability standards, more responsible materials, and digital tools like AI-driven personalization and 3D printing to speed development and reduce waste. The “One Caleres” shared platform lets brands tap into common design, sourcing, and data capabilities, which can be a real advantage in cost and speed. Future innovation work will likely center on deepening direct consumer relationships, expanding sustainable lines, and successfully revitalizing acquired premium brands like Stuart Weitzman.

Summary

Taken together, Caleres looks like a mature but healthier footwear company than it was several years ago. Profitability has improved markedly from pandemic lows and remains solid even as sales growth has cooled, suggesting disciplined execution on product, pricing, and inventory. The balance sheet is in better shape thanks to lower debt and higher equity, though the business still runs with relatively lean cash and must manage working capital carefully. Strategically, Caleres’ strength lies in its diversified portfolio of comfort- and fashion-oriented brands, its mix of retail, wholesale, and online channels, and its steady push into comfort technology, digital tools, and sustainability. The main areas to watch are the company’s ability to reignite consistent revenue growth, maintain margins in a highly promotional category, and integrate and grow newer premium acquisitions while continuing to strengthen its direct-to-consumer and e‑commerce presence.

NEWS

November 18, 2025 · 6:45 AM UTC

Caleres to Announce Third Quarter 2025 Results on December 9

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October 27, 2025 · 6:10 PM UTC

Solstice Advance Materials and Qnity Electronics Set to Join S&P 500; Others to Join S&P SmallCap 600

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September 24, 2025 · 4:30 PM UTC

Caleres to Participate in 2025 Global Consumer & Retail Conference

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September 9, 2025 · 9:09 AM UTC

STUART WEITZMAN LAUNCHES "STUART WEITZMAN NEW YORK" FOR FALL 2025

Read more