Caleres (NYSE:CAL) Issues FY 2026 Earnings Guidance

Caleres (NYSE:CAL) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.500-1.650 for the period, compared to the consensus estimate of 0.720. The company issued revenue guidance of -. Caleres also updated its Q3 2026 guidance to 0.620-0.700 EPS.

Caleres Stock Performance

CAL stock opened at $11.90 on Friday. The company’s fifty day moving average price is $12.70 and its 200-day moving average price is $12.43. Caleres has a one year low of $8.80 and a one year high of $16.14. The company has a market capitalization of $399.72 million, a PE ratio of 7.93 and a beta of 0.75.

Caleres (NYSE:CAL) last posted its quarterly earnings data 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 7.84% and a net margin of 1.85%.The business had revenue of $695.45 million during the quarter, compared to analyst estimates of $702.49 million. During the same period last year, the company earned $0.20 EPS. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. Caleres has set its Q3 2026 guidance at 0.620-0.700 EPS and its FY 2026 guidance at 1.500-1.650 EPS. On average, research analysts predict that Caleres will post 1.62 EPS for the current fiscal year.

Caleres Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.07 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.4%. Caleres’s dividend payout ratio (DPR) is presently -2,800.00%.

Analyst Upgrades and Downgrades

Several analysts recently commented on CAL shares. Zacks Research lowered shares of Caleres from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Weiss Ratings reiterated a “sell (d+)” rating on shares of Caleres in a report on Friday, July 31st. Wall Street Zen cut shares of Caleres from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Caleres in a research report on Friday, June 5th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Caleres has a consensus 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 rose 5.6% year over year to $695.45 million. Caleres Reports Second Quarter 2026 Results
• Positive Sentiment: The company raised its fiscal 2026 EPS outlook to $1.50-$1.65, substantially above the $0.72 consensus cited in the reports. Management said its fashion brand portfolio is resonating with consumers, with broad-based gains, market-share gains in women’s fashion footwear, and strength in pumps, flats and loafers. Caleres raises outlook
• Neutral Sentiment: Caleres expects third-quarter EPS of $0.62-$0.70, below the $0.83 analyst estimate, although management indicated that quarterly sales should increase. The gap suggests that near-term profitability may remain pressured despite continued sales growth. Caleres sees higher Q3 sales
• Negative Sentiment: Second-quarter revenue was below the $702.49 million consensus estimate. The Brand Portfolio performed well, but Famous Footwear lagged, creating concern that weakness in the company’s largest retail business could limit momentum. Caleres says fashion brands drove Q2 gains

Institutional Investors Weigh In On Caleres

Institutional investors and hedge funds have recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership raised its holdings in Caleres by 120.4% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,072,550 shares of the textile maker’s stock valued at $13,986,000 after acquiring an additional 586,020 shares during the last quarter. Federated Hermes Inc. boosted its holdings in shares of Caleres by 86.3% during the fourth quarter. Federated Hermes Inc. now owns 937,391 shares of the textile maker’s stock worth $11,408,000 after purchasing an additional 434,269 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Caleres in the fourth quarter valued at $4,338,000. Paradigm Capital Management Inc. NY grew its position in shares of Caleres by 39.1% in the fourth quarter. Paradigm Capital Management Inc. NY now owns 911,599 shares of the textile maker’s stock valued at $11,094,000 after purchasing an additional 256,155 shares during the period. Finally, Balyasny Asset Management L.P. acquired a new position in Caleres in the fourth quarter valued at $2,941,000. 98.44% of the stock is owned by hedge funds and other institutional investors.

About Caleres

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.