Caleres, Inc. Stock News

ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, will release its fourth quarter and year-end 2024 financial results before market open on Thursday, March 20, 2025. Following the announcement, company executives will host a conference call at 10 a.m. Eastern Time to discuss the results and provide a general business update. The earn...

The news comes just months after a federal judge blocked Tapestry's planned $8.5 billion acquisition of Michael Kors parent Capri Holdings Ltd.

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, today announced that it entered into a definitive agreement to sell the Stuart Weitzman brand to Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, for $105 million in cash, subject to customary adjustments. “Stuart Weitzman is an iconic global footwear bra...

ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it has signed a definitive agreement to acquire Stuart Weitzman from Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, for $105 million, subject to customary adjustments. The acquisition cements Caleres' leadership position in women's fash...

NEW YORK--(BUSINESS WIRE)--Caleres (NYSE: CAL) and Favorite Daughter today announced an exclusive license agreement for Favorite Daughter's first shoe line. Caleres will exclusively produce the brand's women's shoes starting with the Fall 2025 season. The partnership follows a collaboration between Caleres portfolio brand, Dr. Scholl's, and Favorite Daughter dropping in May 2025. Centric Brands...

ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced Brian Costello has joined Famous Footwear as chief merchandising officer. In this role, he will oversee all buying and merchandising, including women's, men's and kids' athletic and fashion footwear and accessories, for the brand's U.S. and Canada stores and e-commerce...

ST. LOUIS--(BUSINESS WIRE)--Caleres, (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today updated its financial outlook for consolidated sales, earnings per share and adjusted earnings per share for full year 2024. “We entered the holiday period encouraged by the broad positive momentum in our athletic business at Famous Footwear. However, sales trends softened in m...

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...