Caleres (NYSE:CAL) Updates Q1 2025 Earnings Guidance

Caleres (NYSE:CAL - Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.350-0.400 for the period, compared to the consensus earnings per share estimate of 0.880. The company issued revenue guidance of $619.6 million-$626.2 million, compared to the consensus revenue estimate of $652.6 million. Caleres also updated its FY 2025 guidance to 2.800-3.200 EPS.

Caleres Stock Up 6.7 %

Shares of Caleres stock traded up $1.10 on Monday, reaching $17.60. 1,288,691 shares of the stock were exchanged, compared to its average volume of 644,571. The business has a 50 day moving average price of $17.53 and a two-hundred day moving average price of $25.19. The firm has a market capitalization of $591.94 million, a price-to-earnings ratio of 3.92 and a beta of 1.82. Caleres has a twelve month low of $15.00 and a twelve month high of $44.51.

Caleres (NYSE:CAL - Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The textile maker reported $0.33 EPS for the quarter, beating the consensus estimate of $0.27 by $0.06. The business had revenue of $639.20 million during 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 quarterly revenue was down 8.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.86 EPS. Research analysts forecast that Caleres will post 3.23 EPS for the current year.

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Caleres Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend is Thursday, March 27th. Caleres's dividend payout ratio is currently 9.12%.

Wall Street Analysts Forecast Growth

Separately, Loop Capital decreased their price objective on Caleres from $30.00 to $25.00 and set a "hold" rating for the company in a report on Friday, December 6th.

Insiders Place Their Bets

In other news, Director Kyle Gendreau acquired 5,000 shares of the firm's stock in a transaction on Friday, January 17th. The stock was acquired at an average price of $19.93 per share, for a total transaction of $99,650.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at approximately $99,650. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.80% of the company's stock.

Caleres Company Profile

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.