Caleres (NYSE:CAL) Releases Q1 2026 Earnings Guidance

Key Points

• Guidance: Caleres issued Q1 2026 EPS guidance of $0.250–$0.300 (consensus $0.280) and updated FY2026 EPS guidance to $1.350–$1.650, while revenue guidance was not provided.
• Market reaction and recent results: Shares jumped about 12.1% to $12.28; the company previously beat March-quarter expectations with EPS of ($0.36) versus ($0.40) expected and revenue of $695.06M versus $688.43M expected.
• Dividend and sentiment: Caleres declared a $0.07 quarterly dividend (annualized $0.28, ~2.3% yield), but analyst coverage is mixed—MarketBeat shows an average rating of "Reduce" with a $14 target—and institutional ownership is very high (~98%).

Caleres (NYSE:CAL - Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.250-0.300 for the period, compared to the consensus estimate of 0.280. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.350-1.650 EPS.

Caleres Stock Up 12.1%

Shares of CAL traded up $1.33 during trading on Thursday, reaching $12.28. The company's stock had a trading volume of 496,739 shares, compared to its average volume of 643,499. The company has a fifty day moving average of $11.33 and a two-hundred day moving average of $12.15. The company has a market cap of $415.58 million, a price-to-earnings ratio of -55.82 and a beta of 0.58. Caleres has a twelve month low of $8.80 and a twelve month high of $18.27.

Caleres (NYSE:CAL - Get Free Report) last posted its quarterly earnings results on Thursday, March 19th. The textile maker reported ($0.36) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $0.04. The firm had revenue of $695.06 million for the quarter, compared to analysts' expectations of $688.43 million. Caleres had a negative net margin of 0.24% and a positive return on equity of 6.49%. The firm's quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.33 earnings per share. As a group, equities analysts forecast that Caleres will post 3.23 EPS for the current fiscal year.

Caleres Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Thursday, March 26th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $0.28 annualized dividend and a yield of 2.3%. Caleres's dividend payout ratio is currently -127.27%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on CAL shares. Zacks Research raised shares of Caleres from a "strong sell" rating to a "hold" rating in a report on Thursday, February 26th. Seaport Research Partners upped their price target on Caleres from $14.00 to $16.00 and gave the company a "buy" rating in a research report on Thursday, March 19th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Caleres in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of $14.00.

Institutional Investors Weigh In On Caleres

Several large investors have recently added to or reduced their stakes in CAL. AQR Capital Management LLC increased its position in Caleres by 143.2% in the first quarter. AQR Capital Management LLC now owns 90,546 shares of the textile maker's stock worth $1,560,000 after buying an additional 53,320 shares during the period. Empowered Funds LLC grew its stake in shares of Caleres by 4.2% in the first quarter. Empowered Funds LLC now owns 162,814 shares of the textile maker's stock worth $2,805,000 after purchasing an additional 6,502 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Caleres by 4.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 105,137 shares of the textile maker's stock worth $1,812,000 after purchasing an additional 4,175 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Caleres by 5.6% in the second quarter. Franklin Resources Inc. now owns 18,902 shares of the textile maker's stock worth $231,000 after purchasing an additional 1,007 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Caleres by 2.4% in the second quarter. Rhumbline Advisers now owns 99,677 shares of the textile maker's stock worth $1,218,000 after purchasing an additional 2,352 shares in the last quarter. 98.44% of the stock is owned by institutional investors and hedge funds.

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.

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