Dec. 9 at 2:07 PM
$CAL
Revenue Growth: Consolidated sales of
$790.1 million surpassed Wall Street estimates. This was driven by an 18.8% increase in the Brand Portfolio segment, which included the recent acquisition of Stuart Weitzman.
Earnings Miss: The adjusted EPS of
$0.38 missed the consensus estimate of
$0.85. The company noted that earnings were pressured by the Stuart Weitzman acquisition's near-term dilution and tariffs.
Full-Year Guidance: Caleres adjusted its fiscal 2025 adjusted EPS guidance to a range of
$1.15 to
$1.25 per share, which is below previous analyst estimates.
