Caleres (CAL) Misses Q4 EPS by 7c, Misses on Revenue

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

March 20, 2025 6:45 AM EDT

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... More