16.28 USD
-0.53
3.15%
At close Feb 21, 4:00 PM EST
After hours
16.28
+0.00
0.00%
1 day
-3.15%
5 days
-7.97%
1 month
-17.28%
3 months
-46.55%
6 months
-61.71%
Year to date
-27.61%
1 year
-55.18%
5 years
24.09%
10 years
-45.22%
 

About: Caleres Inc is a footwear retailer in the United States. The Company's business are organized into two reportable segments are famous Footwear and Brand Portfolio. The famous Footwear segment is comprised of famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a carefully cultivated portfolio of top brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear to online retailers, national chains, department stores, mass merchandisers and independent retailers, as well as Company owned famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses.

Employees: 9,200

0
Funds holding %
of 7,139 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

234% more call options, than puts

Call options by funds: $31M | Put options by funds: $9.27M

49% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 47

2% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 42

2% less funds holding

Funds holding: 196 [Q3] → 192 (-4) [Q4]

2.38% less ownership

Funds ownership: 93.26% [Q3] → 90.88% (-2.38%) [Q4]

35% less capital invested

Capital invested by funds: $1.08B [Q3] → $708M (-$375M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$25
54%
upside
Avg. target
$25
54%
upside
High target
$25
54%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Loop Capital
Laura Champine
59% 1-year accuracy
16 / 27 met price target
54%upside
$25
Hold
Maintained
6 Dec 2024

Financial journalist opinion

Based on 7 articles about CAL published over the past 30 days

Positive
Zacks Investment Research
1 day ago
Tapestry to Offload Stuart Weitzman in $105M Deal With Caleres
TPR is selling Stuart Weitzman to Caleres, focusing on Coach and Kate Spade while ensuring the brand's growth under new leadership.
Tapestry to Offload Stuart Weitzman in $105M Deal With Caleres
Neutral
Market Watch
3 days ago
Tapestry is selling Stuart Weitzman footwear brand to Caleres to focus on Coach and Kate Spade
The news comes just months after a federal judge blocked Tapestry's planned $8.5 billion acquisition of Michael Kors parent Capri Holdings Ltd.
Tapestry is selling Stuart Weitzman footwear brand to Caleres to focus on Coach and Kate Spade
Neutral
Business Wire
3 days ago
Caleres Announces Definitive Agreement to Acquire Stuart Weitzman from Tapestry
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 fashion footwear, particularly in the contemporary segment of the market. “I have long admired Stuart Weit.
Caleres Announces Definitive Agreement to Acquire Stuart Weitzman from Tapestry
Neutral
Business Wire
3 days ago
Tapestry, Inc. Enters Into Definitive Agreement to Sell Stuart Weitzman Brand to Caleres
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 brand, whose teams have added to the passion, creativity, and craftsmanship of our organization over the.
Tapestry, Inc. Enters Into Definitive Agreement to Sell Stuart Weitzman Brand to Caleres
Neutral
Business Wire
1 week ago
Favorite Daughter Launches First Shoe Collection in Partnership with Caleres
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, which co-owns the brand in a joint venture with Erin and Sara Foster, is working to build the Foster.
Favorite Daughter Launches First Shoe Collection in Partnership with Caleres
Neutral
Business Wire
2 weeks ago
Brian Costello Joins Caleres as Chief Merchandising Officer for Famous Footwear
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 sites. “Brian has a long track record of exceptional fashion and footwear industry leadership,” said.
Brian Costello Joins Caleres as Chief Merchandising Officer for Famous Footwear
Positive
Benzinga
3 weeks ago
Top 4 Consumer Stocks That Are Set To Fly This Month
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Top 4 Consumer Stocks That Are Set To Fly This Month
Neutral
Zacks Investment Research
1 month ago
Caleres Faces Setbacks: How Did FIVE, GCO & ANF Perform This Holiday?
The holiday season is a make-or-break period for retailers, as consumer spending trends during this time can significantly impact performance. For Caleres Inc. CAL, this period brought unforeseen challenges, leading the company to revise its financial outlook.
Caleres Faces Setbacks: How Did FIVE, GCO & ANF Perform This Holiday?
Neutral
Business Wire
1 month ago
Caleres Updates Full Year 2024 Outlook
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 mid-December and into January, and were below our expectations. Based on quarter-to-date trends, includ.
Caleres Updates Full Year 2024 Outlook
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for January 8th
AIRS, AROC and CAL have been added to the Zacks Rank #5 (Strong Sell) List on January 8, 2024.
New Strong Sell Stocks for January 8th
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