CAL · NYSE · Apparel - Retail

Caleres (CAL)

Runs Famous Footwear and a portfolio of owned footwear brands.

$12.61
vs last close+0.70 (+5.84%)
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Caleres, Inc.CAL
Consumer Discretionary

Sells footwear through Famous Footwear stores and e-commerce while designing and distributing owned, licensed and private-label brands through the Brand Portfolio segment. The business is centered in North America retail and wholesale channels, with additional branded stores in East and Southeast Asia.

Operates through two engines: Famous Footwear, a family-footwear retail banner centered on U.S. and Canada stores and e-commerce, and Brand Portfolio, which designs, sources and distributes owned, licensed and private-label footwear.

Brand Portfolio includes Sam Edelman, Stuart Weitzman, Allen Edmonds, Naturalizer and Vionic. Its wholesale reach covers retailers in the U.S., Canada and international markets, with company-owned brand stores in North America and East and Southeast Asia.

The operating model links product design, sourcing, speed and marketing across banners, while Famous Footwear also carries Caleres-owned labels such as Naturalizer and Dr. Scholl's Shoes.

Execution depends on store traffic at Famous Footwear, discretionary footwear demand, vendor relationships with Nike, Skechers and adidas, and integration of acquired brands such as Stuart Weitzman.

Company facts

CEOJohn W. Schmidt
ListedMar 17, 1980
ExchangeNYSE
HeadquartersSt. Louis, MO
CountryUnited States
Employees10,000
CIK0000014707
ISINUS1295001044

Market cap$400.1M
EPS (ttm)$1.61
P/E (ttm)7.40
ROE8.4%
P/B0.5939
P/S0.1405
Dividend yieldDiv yield2.35%
Beta2.07vs XLY 1.86

Price target$30.00+151.9%Average of 13 analysts
ConsensusBuy7 of 13 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Dec 10, 2025Seaport GlobalTarget
Target: $21
Target: $18

Next report
Dec 8, 26
in 77 days
EPS estimate
$0.65
Revenue estimate
$801.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Sep '25Dec '25Mar '26Jun '26Sep '26Dec '26
Reported$0.33$0.22$0.35$0.67−$0.06$0.38$0.47Pending
Estimate$0.27$0.37$0.51$0.75−$0.40$0.37$0.37$0.65
Surprise+22.2%−40.5%−31.4%−10.7%+85.0%+2.7%+27.5%

RevenueReportedEstimate

Mar '25May '25Sep '25Dec '25Mar '26Jun '26Sep '26Dec '26
Reported$639.2M$614.2M$658.5M$790.1M$695.1M$666.6M$695.5MPending
Estimate$652.6M$654.5M$732.5M$768.6M$685.4M$662.6M$702.5M$801.8M
Surprise−2.0%−6.2%−10.1%+2.8%+1.4%+0.6%−1.0%
Estimate$0.65
ReportedDue Dec 8, 2026
Estimate$801.8M
ReportedDue Dec 8, 2026
View details

Debt to equity130.20%
Current ratio111.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$740.9M$639.2M$614.2M$658.5M$790.1M$695.1M$666.6M$695.5M
Net income$41.4M$4.9M$6.9M$6.5M$2.3M−$22.7M$14.3M$58.6M
Net margin5.6%0.8%1.1%1.0%0.3%0.0%2.1%8.4%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$56.7M$7.9M$11.6M$9.3M$18.7M−$19.7M$21.7M$77.6M
YoY growth−12.0%−76.2%−73.1%−78.2%−67.1%Turned loss+87.7%+735.3%

Balance sheet, Aug 1, 2026Cash & short-term investments $50.9M · Total debt $877.3M · Total assets $2.14B · Shareholders' equity $673.6M

Revenue
$695.5M
Operating income
$77.6M
Net income
$58.6M
View details

Dividend yield
2.35%
Next ex-date
Dec 11, 26
estimated · in 80 days
Annual dividend
$0.28
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.07
Annual yield1.19%1.56%2.13%1.88%2.11%2.57%1.90%2.24%
Ex-dateDec 27Mar 27Jun 5Sep 12Dec 26Mar 26Jun 11Sep 11
Payment dateJan 10Apr 11Jun 20Sep 26Jan 9Apr 10Jun 26Sep 25
View details

Institutions89.12%30.75M shares
179 holders · as of Jun 30, 2026
Insiders4.62%1.59M shares
18 holders · as of Sep 9, 2026
Other6.26%2.16M shares
remainder

34.50M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
FMR LLCInstitution
14.60%5.04Mas of Jun 30, 2026
BlackRock, Inc.Institution
11.45%3.95Mas of Jun 30, 2026
T. Rowe Price Investment Management, Inc.Institution
6.29%2.17Mfiled Oct 7, 2024
Vanguard Capital Management LLCInstitution
4.16%1.44Mas of Jun 30, 2026
American Century Companies IncInstitution
3.82%1.32Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 28, 2026Daniel R. Freidmanofficer: Chief Sourcing Officer−11,207$15.00
View details

  • Designer Brands

    Direct DSW overlap in branded family-footwear retail

  • Shoe Carnival

    Family-footwear chain overlap across stores and e-commerce

  • Steve Madden

    Fashion-footwear portfolio overlap with wholesale and DTC channels

  • Wolverine Worldwide

    Owned footwear brands overlap in comfort, casual and performance

  • Deckers Brands

    Large footwear brands challenge fashion, comfort and performance

  • Genesco

    Journeys retail and Johnston & Murphy overlap footwear channels

  • Crocs

    Casual and comfort footwear overlap through Crocs and HEYDUDE

  • Birkenstock

    Premium comfort footwear overlap in wholesale and DTC channels

Compare

CompanyPriceChange
Caleres$12.61+5.84%$400.1M7.46.50.1+5.6%
Designer Brands$6.33+1.85%$315.8M22.212.50.1−1.2%
Shoe Carnival$13.48+3.36%$354.1M9.712.40.3−7.2%
Steve Madden$44.39+3.63%$3.13B21.418.41.1+18.6%
Wolverine Worldwide$20.05+2.90%$1.60B15.011.40.8+6.8%
Deckers Brands$80.83+0.75%$10.93B11.410.62.0+5.7%
Genesco$34.94+3.88%$373.5M8.811.20.2−3.0%
Crocs$125.59+1.54%$5.93B10.78.71.5+2.6%
Birkenstock$32.41+3.41%$5.76B14.912.22.2+9.9%
Median13.111.81.0+4.2%