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Stock impact report

Caleres Reports Fourth Quarter & Full Year Results and Provides 2025 Outlook

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: Business Wire
Reported fourth quarter sales of $639.2 million, down 8.3% year-on-year, and full-year sales of $2,722.7 million, down 3.4% year-on-year and in line with our most recent guidance;Reported fourth quarter and full year earnings per diluted share of $0.15 and $3.09, respectively, and fourth quarter and full year adjusted earnings per diluted share of $0.33 and $3.30, respectively, at the high end of our most recent guidance;Returned $74.7 million to shareholders in fiscal 2024 through share repurchases and quarterly dividends;Now expects 75% of our Brand Portfolio, and an even greater percentage of our Lead Brands’ sourcing to be outside of China by the second half of 2025Expects fiscal 2025 consolidated net sales to be down 1% to up 1% compared to fiscal 2024;Expects fiscal 2025 earnings per diluted share of $2.80 to $3.20;Guidance excludes the previously announced acquisition of Stuart Weitzman, which is expected to close in the summer of 2025. ST. LOUIS--(BUSINESS WIRE)--Caleres (N Show less Read more
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