Footwear Firm Caleres Struggles in Q3, Cuts Annual Forecast Amid Sales, Margin Pressures [Yahoo! Finance]
Caleres, Inc. (CAL)
Last caleres, inc. earnings: 3/12 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.caleres.com
Company Research
Source: Yahoo! Finance
Caleres reported third-quarter revenues of $740.9 million, missing the analyst consensus of $751.36 million. Revenues fell 2.8% year-on-year. Adjusted EPS of $1.23 missed the consensus of $1.35 Famous Footwear sales fell 4.8% year over year (Y/Y), with comparable store sales up 2.5% Y/Y. Meanwhile, Brand Portfolio sales increased 0.7% Y/Y in the quarter. The company's gross margin rate contracted 55 basis points year-over-year to 44.1%, with EBITDA totaling $71.4 million. Buyback : In the third quarter, Caleres repurchased approximately 1.5 million shares for $50 million. The company aims to reduce debt, with expected borrowings under its credit facility to be less than $100 million by the end of 2026. Caleres will evaluate free cash flow opportunities based on business performance and market conditions for the remainder of the year. Borrowings under the asset-based revolving credit facility totaled $238.5 million at the end of the period. Outlook : The company lowered
Show less
Read more
Impact Snapshot
Event Time:
CAL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAL alerts
High impacting Caleres, Inc. news events
Weekly update
A roundup of the hottest topics
CAL
News
- Q3 Earnings Outperformers: Caleres (NYSE:CAL) And The Rest Of The Footwear Stocks [Yahoo! Finance]Yahoo! Finance
- Caleres Declares Regular Quarterly DividendBusiness Wire
- Caleres' Q3 Earnings & Revenues Miss Estimates, FY24 View Down [Yahoo! Finance]Yahoo! Finance
- Caleres, Inc. (NYSE: CAL) had its price target lowered by analysts at Loop Capital from $30.00 to $25.00. They now have a "hold" rating on the stock.MarketBeat
- Caleres Inc (CAL) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Growth ... [Yahoo! Finance]Yahoo! Finance
CAL
Earnings
- 12/5/24 - Miss
CAL
Sec Filings
- 12/11/24 - Form 10-Q
- 12/5/24 - Form 8-K
- 11/18/24 - Form 3
- CAL's page on the SEC website