Caleres (CAL) Projected to Post Quarterly Earnings on Thursday

Key Points

• Caleres is expected to release its Q2 2026 earnings on September 4th, projecting earnings of $0.51 per share and revenue of $656.93 million.
• The company reported a missed earnings forecast in the previous quarter, with a $0.22 EPS against an estimated $0.37, and a revenue decline of 6.8% year-over-year.
• Wall Street gives Caleres a consensus "Hold" rating, with a lowered target price from Loop Capital from $16.00 to $14.00.

Caleres (NYSE:CAL - Get Free Report) is anticipated to announce its Q2 2026 results before the market opens on Thursday, September 4th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $656.9290 million for the quarter. Investors may review the information on the company's upcoming Q2 2026 earningreport for the latest details on the call scheduled for Thursday, September 4, 2025 at 10:00 AM ET.

Caleres (NYSE:CAL - Get Free Report) last issued its quarterly earnings data on Thursday, May 29th. The textile maker reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.37 by ($0.15). The company had revenue of $614.22 million for the quarter, compared to the consensus estimate of $622.93 million. Caleres had a return on equity of 14.94% and a net margin of 3.11%.The business's revenue for the quarter was down 6.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.88 earnings per share. On average, analysts expect Caleres to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Caleres Stock Performance

Shares of CAL opened at $15.51 on Thursday. The stock has a 50 day moving average price of $14.07 and a two-hundred day moving average price of $15.25. The firm has a market capitalization of $524.14 million, a P/E ratio of 6.46 and a beta of 1.14. Caleres has a 52 week low of $12.09 and a 52 week high of $43.48.

Wall Street Analysts Forecast Growth

Separately, Loop Capital dropped their target price on shares of Caleres from $16.00 to $14.00 and set a "hold" rating on the stock in a research report on Friday, May 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Caleres presently has a consensus rating of "Hold" and an average target price of $14.00.

Hedge Funds Weigh In On Caleres

Several hedge funds have recently modified their holdings of the company. Nomura Holdings Inc. bought a new position in shares of Caleres during the 2nd quarter worth approximately $136,000. Public Sector Pension Investment Board raised its holdings in shares of Caleres by 9.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 116,204 shares of the textile maker's stock worth $1,420,000 after purchasing an additional 9,571 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in shares of Caleres by 12.8% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 29,795 shares of the textile maker's stock worth $364,000 after purchasing an additional 3,385 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of Caleres by 299.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 17,711 shares of the textile maker's stock worth $216,000 after purchasing an additional 13,272 shares during the period. Finally, Vident Advisory LLC raised its holdings in shares of Caleres by 17.8% in the 2nd quarter. Vident Advisory LLC now owns 32,272 shares of the textile maker's stock worth $394,000 after purchasing an additional 4,868 shares during the period. Institutional investors own 98.44% of the company's stock.

About Caleres

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr.

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