Caleres (NYSE:CAL) Issues Q3 2026 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.620-0.700 for the period, compared to the consensus estimate of 0.830. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.500-1.650 EPS.

Caleres Trading Up 1.6%

Shares of CAL opened at $12.22 on Thursday. The company has a market cap of $410.47 million, a P/E ratio of -1,220.78 and a beta of 0.75. Caleres has a twelve month low of $8.80 and a twelve month high of $16.14. The company’s fifty day simple moving average is $12.69 and its 200-day simple moving average is $12.43.

Caleres (NYSE:CAL) last announced its earnings results on Wednesday, September 9th. The textile maker reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.10. Caleres had a return on equity of 7.33% and a net margin of 0.02%.The business had revenue of $695.45 million during the quarter, compared to analyst estimates of $702.49 million. During the same quarter in the previous year, the business earned $0.20 earnings per share. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. Caleres has set its Q3 2026 guidance at 0.620-0.700 EPS and its FY 2026 guidance at 1.500-1.650 EPS. Analysts predict that Caleres will post 1.62 earnings per share for the current fiscal year.

Caleres Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, September 11th. Caleres’s payout ratio is -2,800.00%.

Analyst Ratings Changes

A number of analysts recently issued reports on CAL shares. Wall Street Zen lowered Caleres from a “buy” rating to a “hold” rating in a report on Saturday, August 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Caleres in a research report on Friday, June 5th. Zacks Research downgraded shares of Caleres from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Caleres in a report on Friday, July 31st. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Trending Headlines about Caleres

Here are the key news stories impacting Caleres this week:

• Positive Sentiment: Caleres reported second-quarter adjusted EPS of $0.47, well above the $0.37 analyst consensus and up from $0.20 a year earlier. Revenue increased 5.6% year over year to $695.45 million, although it was below the $702.49 million estimate. Caleres earnings report
• Positive Sentiment: The company raised its fiscal 2026 EPS outlook to $1.50-$1.65, signaling confidence that recent operating momentum will continue. Management said its Brand Portfolio achieved broad-based gains across brands, sales channels and geographies, while gaining share in women’s fashion footwear. Caleres Reports Second Quarter 2026 Results
• Positive Sentiment: Fashion-focused brands, including pumps, flats and loafers, were key growth drivers. The results suggest Caleres is benefiting from consumer demand for its fashion brands, which management said are “resonating with consumers.” Caleres shoe sales article
• Neutral Sentiment: Caleres forecast third-quarter EPS of $0.62-$0.70, below the $0.83 consensus, but expects higher sales. This indicates stronger full-year expectations may be weighted toward later quarters rather than an immediate acceleration.
• Negative Sentiment: Revenue missed expectations, and Famous Footwear reportedly lagged the company’s fashion-brand portfolio. Continued weakness at the retail division could limit the benefit of the stronger Brand Portfolio performance. Caleres brands and Famous Footwear article

Hedge Funds Weigh In On Caleres

A number of large investors have recently added to or reduced their stakes in CAL. Metis Global Partners LLC purchased a new position in Caleres during the 4th quarter worth $214,000. Prelude Capital Management LLC purchased a new stake in Caleres in the third quarter valued at about $168,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Caleres by 40.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,764 shares of the textile maker’s stock valued at $206,000 after buying an additional 4,502 shares during the last quarter. Inceptionr LLC purchased a new stake in Caleres in the third quarter valued at about $211,000. Finally, Tower Research Capital LLC TRC boosted its holdings in Caleres by 299.0% in the second quarter. Tower Research Capital LLC TRC now owns 17,711 shares of the textile maker’s stock worth $216,000 after acquiring an additional 13,272 shares in the last quarter. 98.44% of the stock is currently owned by institutional investors.

Caleres Company Profile

Caleres, Inc, formerly known as Brown Shoe Company, is a leading footwear company engaged in the design, sourcing, marketing and selling of a broad portfolio of branded and private-label shoes. The company’s operations span a range of market segments from value-priced to premium and luxury. Caleres operates through two primary segments: a retail segment anchored by the Famous Footwear banner, which includes more than 1,100 stores across North America, and a brand portfolio segment comprising owned and licensed brands such as Allen Edmonds, Naturalizer, Sam Edelman, Dr.