Caleres Inc is a footwear retailer and wholesaler that specializes in designing, sourcing, and marketing a diverse range of high-quality footwear brands. The company operates a portfolio of well-known brands, catering to various consumer demographics, including casual, athletic, and dress shoes. In addition to its branded offerings, Caleres also manages retail outlets and e-commerce platforms that provide customers with a seamless shopping experience. Through its commitment to innovation, fashion, and quality, Caleres aims to meet the evolving needs of consumers while enhancing its presence in the competitive footwear market. Read More
A number of stocks fell in the afternoon session after a confluence of negative economic data pointed to a weak economy. The latest Survey of Consumer Expectations from the New York Fed revealed that households' short-term inflation expectations rose, while their outlook on the labor market deteriorated. Consumers expressed greater concern about potential job losses and expected lower earnings growth, factors that directly impact discretionary spending.
Adding to the unease, Chief Economist at Moody’s Analytics, Mark Zandi, warned that 22 states demonstrated clear signs of a recession, placing the broader U.S. economy in a precarious position. The U.S. government shutdown further dampened sentiment, threatening to weigh on incomes and purchasing power.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Crocs (NASDAQ:CROX) and the rest of the footwear stocks fared in Q2.
A number of stocks jumped in the afternoon session after the release of stronger-than-expected consumer spending data for August, which pointed to a resilient economy.
Caleres (NYSE: CAL) today announced that members of its executive leadership team will participate in the 2025 Global Consumer & Retail Conference beginning October 8 in New York. The conference is hosted by Telsey Advisory Group in collaboration with Santander Corporate & Investment Banking.
While some companies burn cash to fuel expansion, others struggle to turn spending into sustainable growth.
A high cash burn rate without a strong balance sheet can leave investors exposed to significant downside.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Caleres (NYSE:CAL) and the rest of the footwear stocks fared in Q2.
Shares of footwear company Caleres (NYSE:CAL)
jumped 11.4% in the afternoon session after investors looked past a significant earnings miss from the previous day, focusing instead on recent market share gains and a strategic acquisition.
Footwear company Caleres (NYSE:CAL) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 3.6% year on year to $658.5 million. Its non-GAAP profit of $0.35 per share was 37.5% below analysts’ consensus estimates.
Shares of footwear company Caleres (NYSE:CAL)
fell 12% in the morning session after the company reported disappointing second-quarter 2025 results and missed Wall Street's profit estimates.
As we await the opening of the US market on Thursday, let's delve into the pre-market session and discover the top gainers and losers shaping the early market sentiment.
Footwear company Caleres (NYSE:CAL) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 3.6% year on year to $658.5 million. Its non-GAAP profit of $0.35 per share was 37.5% below analysts’ consensus estimates.
Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on September 26, 2025, to shareholders of record as of September 12, 2025.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. Over the past six months, it seems like demand trends may be working against their favor as the industry’s returns were flat while the S&P 500 was up 6.4%.
