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.
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 is a market-leading portfolio of global footwear brands that includes Famous Footwear, Sam Ed.
CAL posts lower sales for the fiscal third quarter due to soft boot sales. The company reduces its fiscal 2024 outlook.
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 higher discounting pressures.
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 - Telsey Advisory Group Operator Good morning. And welcome to the Caleres Third Quarter 2024 Earnings Conference Call.
Caleres Inc. (CAL) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.37 per share a year ago.
Caleres Inc. (CAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK , Nov. 10, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Caleres, Inc. ("Caleres" or the "Company") (NYSE: CAL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
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 dial-in number for North America is (877) 704-4453 or (201) 389-0920 for international participants, n.
NEW YORK, NY / ACCESSWIRE / November 6, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Caleres, Inc. ("Caleres" or the "Company") (NYSE:CAL). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.