Caleres, Inc. Stock News

ST. LOUIS--(BUSINESS WIRE)--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 January 10, 2025, to shareholders of record as of December 27, 2024. The company has paid a consecutive quarterly dividend for more than 100 years. About Caleres...

Caleres, Inc.'s Q3 2024 results showed revenue growth in the retail and wholesale sectors, but missed consensus and lowered guidance, causing a 20% stock drop. Margins remain resilient but are deteriorating, with further declines expected in Q4 due to increased promotions to clear inventories. Guidance was reduced for the second time, with EPS now at $3.5, reflecting lower sales growth and high...

Caleres, Inc. (NYSE:CAL ) Q3 2024 Earnings Conference Call December 5, 2024 10:00 AM ET Company Participants Liz Dunn - SVP, Corporate Development and Strategic Communications Jay Schmidt - President and CEO Jack Calandra - SVP and CFO Conference Call Participants Chandana Madaka - KeyBanc Capital Markets Laura Champine - Loop Capital Markets Mitch Kummetz - Seaport Research Dana Telsey - Telse...

ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today reported financial results for the third quarter 2024. Reported sales of $740.9 million, down 2.8% year-on-year; Famous Footwear sales declined 4.8% versus the third quarter of 2023 with comparable store sales up 2.5%; Brand Portfolio sales increased 0.7% versus the third quarte...

ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, announced today that Nancy Bitetto has joined the company as senior vice president of New York brands, which include Franco Sarto, Vince, Veronica Beard, and private brand offerings. In this role, Bitetto will focus on accelerating growth and expanding profitability within the Caleres...

ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) today announced the election of two new members to its board of directors, increasing its board size to twelve. Kyle Gendreau is currently chief executive officer and executive director of Samsonite International S.A., a leader in the global lifestyle bag industry and the world's largest travel luggage company. Under his leadership, Samsonite has ...

ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced its plans to release its third quarter 2024 financial results before the market opens on Thursday, Dec. 5, 2024. Company executives will host a conference call at 10 a.m. Eastern time that day to discuss the quarterly results and provide a general business update. The ...

NEW YORK, NY / ACCESSWIRE / September 19, 2024 / Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating potential claims on behalf of purchasers of Caleres, Inc. (NYSE:CAL) ("Caleres" or "the Company") Caleres, the parent of discount shoe retailer Famous Footwear, said weak demand, a later back...