Caleres faced a challenging first quarter with a decline in sales and earnings below expectations. The company encountered significant headwinds from tariffs, sourcing disruptions, and inventory management issues. However, there were positive developments, such as market share gains, strategic cost reductions, and promising brand performances, which provide a cautiously optimistic outlook.

Company Guidance -

Q2 2025

During the Caleres First Quarter 2025 Earnings Conference Call, the company provided several key metrics and guidance. The first-quarter sales were reported at $614.2 million, reflecting a 6.8% decline year over year, and adjusted earnings per share were $0.22. The brand portfolio saw a sales decline of 6.9%, with a 280 basis point decrease in gross margin, primarily due to lower product margins, costs associated with canceling or moving production, and higher inventory reserves. Famous Footwear's total sales decreased by 6.3%, with a comp sales decline of 4.6%. The company noted a sequential improvement in sales trends from February into March and April. Additionally, Caleres is implementing a structural cost initiative expected to save $15 million annually, with $7.5 million anticipated in the back half of 2025. Despite the challenges, including tariff-related impacts and higher inventory levels, the company remains focused on optimizing its sourcing strategy and strengthening its market position.

Market Share Gains in Key Segments

Both business segments gained market share. Brand portfolio gained market share in women's fashion footwear, and Famous Footwear gained 0.5 points in kids' market share and 0.2 points overall.

Sam Edelman Performance

The Sam Edelman brand delivered solid performance with domestic sales growth and double-digit international growth, showing improvement in China.

Strategic Cost Reduction Initiative

Caleres plans to decrease SG&A expenses by $15 million annually through structural expense cuts starting in the third quarter.

Launch of Jordan Brand

Caleres launched the Jordan brand in 147 stores, with plans to expand to all stores for back-to-school, indicating potential for increased sales.

Caleres (CAL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CAL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 04, 2025	2025 (Q2)	0.56 / -	0.85	―	―	―
May 29, 2025	2025 (Q1)	0.36 / 0.22	0.88	-75.00% (-0.66)
Mar 20, 2025	2024 (Q4)	0.26 / 0.33	0.86	-61.63% (-0.53)
Dec 05, 2024	2024 (Q3)	1.36 / 1.23	1.37	-10.22% (-0.14)
Sep 12, 2024	2024 (Q2)	1.22 / 0.85	0.98	-13.27% (-0.13)
May 30, 2024	2024 (Q1)	0.86 / 0.88	0.97	-9.28% (-0.09)
Mar 19, 2024	2023 (Q4)	0.85 / 0.86	0.65	32.31% (+0.21)
Nov 21, 2023	2023 (Q3)	1.30 / 1.37	1.15	19.13% (+0.22)
Aug 31, 2023	2023 (Q2)	0.88 / 0.98	1.38	-28.99% (-0.40)
Jun 01, 2023	2023 (Q1)	0.94 / 0.97	1.32	-26.52% (-0.35)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CAL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 29, 2025	$16.29	$13.31	-18.29%
Mar 20, 2025	$16.24	$16.68	+2.71%
Dec 05, 2024	$32.80	$26.25	-19.97%
Sep 12, 2024	$36.71	$29.79	-18.85%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Caleres Inc (CAL) report earnings?

Caleres Inc (CAL) is schdueled to report earning on Sep 04, 2025, After Close (Confirmed).

What is Caleres Inc (CAL) earnings time?

Caleres Inc (CAL) earnings time is at Sep 04, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CAL EPS forecast?

CAL EPS forecast for the fiscal quarter 2025 (Q2) is 0.56.

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