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04.09.25 - 12:48
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Caleres Reports Second Quarter 2025 Results (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today reported financial results for the second quarter 2025.
Reported consolidated sales of $658.5 million, down 3.6% versus the prior year;
Brand Portfolio sales decreased 3.5%, with gains in women's fashion footwear market share and strong performance from Lead Brands in total, and approximately $10 million in tariff impact;
Famous Footwear sales declined 4.9%, with comparable sales down 3.4% and meaningful improvement in July;
Reported gross margin of 43.4%, down 210-basis points year-over-year, reflecting tariff-related costs, selective promotions, and higher provision for inventory markdowns, partially offset by growth in higher-margin direct-to-consumer channels within Brand Portfolio;
Achieved structural cost savings targets expected to generate annualized savings of $15 million;
Reported $0.20 in earnings per diluted share and $0.35 in adjusted earnings per diluted share, both of which...
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28.08.25 - 22:33
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Caleres Declares Regular Quarterly Dividend (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on September 26, 2025, to shareholders of record as of September 12, 2025.
Caleres has paid consecutive quarterly dividends for over a century, reflecting a core commitment to shareholders and a testament to the company's financial strength.
About Caleres
Caleres is a market-leading portfolio of global footwear brands that includes Famous Footwear, Sam Edelman, Stuart Weitzman, Allen Edmonds, Naturalizer, Vionic, and more. Our products are available virtually everywhere - in the nearly 1,000 retail stores we operate, in hundreds of major department and specialty stores, on our branded e-commerce sites, and on many additional third-party retail platforms. Combined, these brands make Caleres a company with both a legacy and a mission. Our legacy is nearly 150 years of craftsman...
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18.08.25 - 12:51
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Caleres to Announce Second Quarter 2025 Results on September 4 (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, will release its second quarter 2025 financial results before market open on Thursday, September 4, 2025. Following the announcement, company executives will host a conference call at 10 a.m. Eastern Time to discuss the quarterly results and provide a general business update.
Investors, Caleres associates, media, and the public are invited to join the call. Participants in North America can dial (877) 704-4453, while international callers may use (201) 389-0920; no passcode is required. To participate, please dial in a few minutes before the scheduled start time. The live webcast will also be accessible through Caleres' Investors page.
A replay of the call will be available through Thursday, September 18, 2025, and can be accessed by dialing (844) 512-2921 in North America, or (412) 317-6671 internationally, and using the pin 13755075. A webcast replay will also be archived for a limited period...
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15.08.25 - 15:33
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Caleres Announces Kathleen Welter as Chief Human Resources Officer (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) today announced Kathleen Welter has joined the company as chief human resources officer. Welter will oversee all human resources functions for the company's portfolio of brands and its more than 9,000 Associates worldwide, including recruitment, talent management, training, culture, compensation, benefits and labor law compliance. Welter will be a member of the company's leadership team and will report to President and CEO Jay Schmidt. She will be based in St. Louis.
Doug Koch, current chief human resources officer, will remain at Caleres for a 30-day transition period with Welter and to support special projects until his retirement at year-end.
Welter brings nearly three decades of human resources experience to Caleres with expertise in aligning talent with strategic vision and organizational objectives. Most recently she was the principal lead for the HR team at Woodard & Curran as vice president of human resources, where she oversaw senior executive rec...
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05.08.25 - 16:09
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Vionic Names Gabby Reece as First-Ever Well-Being Ambassador (Business Wire)
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The iconic athlete and wellness leader joins forces with the science-based footwear brand to redefine wellbeing from the ground up.ST. LOUIS--(BUSINESS WIRE)--Vionic, the footwear brand rooted in biomechanics and the science of movement and a lead brand in the Caleres (NYSE: CAL) portfolio, introduces its first-ever well-being ambassador: Gabby Reece. A world-class athlete and wellness advocate, she believes everyone is an athlete, not by physical definition but by mindset. In this role, Reece brings her philosophy centered around movement as the vital tool for wellbeing to Vionic. She is featured in the brand's fall campaign and content vehicles. The partnership underscores Vionic's commitment and distinction in creating footwear equally rooted in science and style.
“Vionic has tremendous long-term potential, unique authority in science-backed movement and an unwavering commitment to innovation. As we honor and build upon the Vionic brand heritage, we look to deepen its distinction and expand its rel...
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05.08.25 - 15:15
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Brian Costello Named Division President of Famous Footwear (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced Brian Costello has been named division president of Famous Footwear effective immediately. He will continue to report to Jay Schmidt, president and CEO of Caleres.
Costello joined Caleres in February this year as chief merchandising officer where he assumed responsibility for all buying and merchandising, including women's, men's and kids' athletic and fashion footwear and accessories, and for the brand's U.S. and Canada stores and e-commerce sites.
"Brian has already made a meaningful impact at Famous Footwear,” said Schmidt. “His merchandising and planning expertise, strong market relationships and leadership have been invaluable as we continue to position Famous Footwear for growth as the leader in family footwear.”
Costello has nearly 30 years of fashion retail leadership at Nordstrom and Macy's, including leadership roles in the women's shoe business at Nord...
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04.08.25 - 14:24
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Caleres Completes Acquisition of Stuart Weitzman, Accelerating Brand Portfolio Growth (Business Wire)
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ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) (caleres.com), a market-leading portfolio of consumer-driven footwear brands, announced today it has closed on the acquisition of Stuart Weitzman from Tapestry, Inc. for $120.2 million, which included $11.5 million in cash received at the closing. Excluding cash received at the closing, the net purchase price was $108.7 million. The purchase price is subject to final adjustments for net working capital. The agreement to acquire Stuart Weitzman was originally announced in February 2025.
This strategic acquisition further strengthens Caleres' position in the global footwear market and adds a storied name in luxury footwear to its diverse brand portfolio. With its legacy of craftsmanship, innovation and iconic style, Stuart Weitzman furthers Caleres' ambition to lead with brands that have unique meaning and resonance with consumers.
Jonathan Lelonek, who joined Stuart Weitzman in 2012 and most recently served as SVP of global wholesale, has been named Stuart ...
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