Caleres (NYSE:CAL) Updates FY 2025 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.800-3.200 for the period, compared to the consensus earnings per share estimate of 3.990. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion. Caleres also updated its Q1 2025 guidance to 0.350-0.400 EPS.

Caleres Price Performance

Shares of NYSE CAL opened at $16.56 on Friday. Caleres has a 1 year low of $15.00 and a 1 year high of $44.51. The company’s 50-day moving average is $17.59 and its 200 day moving average is $25.54. The stock has a market capitalization of $556.90 million, a P/E ratio of 3.69 and a beta of 1.82.

Caleres (NYSE:CAL) last announced its quarterly earnings data on Thursday, March 20th. The textile maker reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.06. The business had revenue of $639.20 million for the quarter, compared to analysts’ expectations of $645.79 million. Caleres had a net margin of 5.69% and a return on equity of 22.71%. The business’s revenue was down 8.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.86 earnings per share. Research analysts anticipate that Caleres will post 3.23 earnings per share for the current year.

Caleres Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date is Thursday, March 27th. Caleres’s dividend payout ratio (DPR) is presently 9.12%.

Analyst Ratings Changes

Separately, Loop Capital cut their price objective on shares of Caleres from $30.00 to $25.00 and set a “hold” rating on the stock in a report on Friday, December 6th.

Insider Activity

In other news, Director Kyle Gendreau purchased 5,000 shares of the business’s stock in a transaction dated Friday, January 17th. The shares were purchased at an average price of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the acquisition, the director now directly owns 5,000 shares in the company, valued at $99,650. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.80% of the company’s stock.

About Caleres

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr.