The earnings call reflects a challenging quarter for Caleres with significant sales and margin pressures due to tariffs and inventory issues. However, there are positive developments such as market share gains in women's fashion footwear and strong performance from the Sam Edelman brand. The launch of the Jordan brand and expansion of FLAIR stores are also potential growth drivers. Overall, the challenges seem to outweigh the positive aspects.
Company Guidance
During the Caleres First Quarter 2025 Earnings Conference Call, the company reported a 6.8% year-over-year decline in sales to $614.2 million, with adjusted earnings per share at $0.22. The call highlighted several financial pressures, including a 150 basis point drop in consolidated gross margin to 45.4%, due to increased tariffs, sourcing disruptions, and higher inventory reserves. Brand portfolio sales decreased by 6.9%, and Famous Footwear saw a 6.3% decline in total sales, with comparable sales down 4.6%. The call also detailed a reduction in SG&A expenses by $15 million annually and emphasized strategic initiatives to enhance sourcing strategies and optimize cost structures. Despite the challenging environment, the company noted growth in its international business and maintained optimism about future opportunities, including the upcoming integration of Stuart Weitzman into their portfolio.
Market Share Gain in Women's Fashion Footwear
Despite a challenging quarter, Caleres gained market share in women's fashion footwear according to Zirconia.
Sam Edelman's Strong Domestic and International Performance
The Sam Edelman brand delivered a solid quarter with domestic sales growth and double-digit international growth.
Launch of Jordan Brand
Famous Footwear launched the Jordan brand in 147 stores with plans to expand to all stores for back-to-school.
Expansion of FLAIR Stores
Caleres expanded to 44 FLAIR locations, with plans to increase to 53 by July, showing higher sales lift versus the rest of the chain.
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
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
$16.38
$13.38
-18.32%
Mar 20, 2025
$16.32
$16.77
+2.76%
Dec 05, 2024
$32.97
$26.39
-19.96%
Sep 12, 2024
$36.91
$29.95
-18.86%
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 Aug 27, 2025, TBA Not Confirmed.
What is Caleres Inc (CAL) earnings time?
Caleres Inc (CAL) earnings time is at Aug 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.