olivLaw · US equity research
Caleres, Inc. CAL
Footwear, (No Rubber) · SIC 3140 · Vertical: Leather products (SIC 31xx)
Caleres is a global footwear company that runs the Famous Footwear store chain and a portfolio of brands such as Sam Edelman, Stuart Weitzman and Vionic. It matters now because the Brand Portfolio segment is growing fast while store traffic weakens, against a backdrop of tariffs and refunds. The company reported consolidated net sales of 2757.9 million USD in fiscal 2025.
At the close of 04 Nov 2026, Caleres, Inc. (CAL) stock was 14.71 USD (+11.69% on the day), with market capitalisation 507.6 m USD, P/E 9.9 on diluted EPS of 1.49 USD over the last 12 months, dividend yield 1.90%, beta 1.61, 52-week range 8.86–14.73 USD. Latest reported quarter (Q2 2027): revenue of 695.5 m USD (+5.6% YoY), net income of 58.6 m USD (+773.6% YoY), diluted EPS 1.71 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 69.6
- strong (55–70)
- Bollinger (20, 2)
- 11.79 – 14.16
- above the upper band · %B 1.23 · band width 18.3%
- SMA 50 / 200
- 12.57 / 12.50
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.35 / 0.22
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +20.1% | −1.1% | +21.2 pp | — |
| 3 months | +2.7% | −0.5% | +3.2 pp | — |
| 6 months | +9.0% | +4.4% | +4.7 pp | — |
| Year to date | +20.9% | +12.3% | +8.6 pp | — |
| 1 year | +41.4% | +13.5% | +27.9 pp | +12.4% |
| 3 years | −47.3% | +76.4% | −123.7 pp | +12.1% |
| 5 years | −44.7% | +63.7% | −108.4 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2027 · 01 Aug 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 740.9 m | 639.2 m | 614.2 m | 658.5 m | 790.1 m | 695.1 m | 666.6 m | 695.5 m |
| Cost of revenue | 414.0 m | 364.1 m | 335.5 m | 372.7 m | 460.1 m | 404.7 m | 351.1 m | 314.5 m |
| Gross profit | 327.0 m | 275.1 m | 278.7 m | 285.8 m | 329.9 m | 290.3 m | 315.5 m | 381.0 m |
| SG&A | 268.7 m | 261.7 m | 266.5 m | 269.7 m | 311.3 m | 310.0 m | 293.7 m | 303.4 m |
| Operating income | 56.7 m | 7.9 m | 11.6 m | 9.3 m | 12.0 m | -26.5 m | 23.9 m | 77.6 m |
| Pre-tax income | 53.8 m | 995.0 k | 8.5 m | 5.8 m | 6.2 m | -32.6 m | 20.4 m | 77.7 m |
| Income tax | 12.7 m | -2.9 m | 2.5 m | -1.3 m | 4.7 m | -8.3 m | 6.6 m | 18.3 m |
| Net income | 41.4 m | 4.9 m | 6.9 m | 6.7 m | 2.4 m | -22.7 m | 14.3 m | 58.6 m |
| Diluted EPS | 1.19 | 0.15 ≈ | 0.21 | 0.20 | 0.07 | -0.71 ≈ | 0.42 | 1.71 |
| Operating cash flow | -39.8 m ≈ | 28.7 m | -5.7 m | 47.3 m ≈ | -1.2 m ≈ | 62.7 m | -27.8 m | 83.6 m ≈ |
| Capex | 17.5 m ≈ | 10.7 m | 20.5 m | 12.3 m ≈ | 11.2 m ≈ | 19.7 m | 11.2 m | 7.9 m ≈ |
| Dividends paid | 2.4 m ≈ | 2.4 m | 2.4 m | 2.4 m ≈ | 2.4 m ≈ | 2.3 m | 2.4 m | 2.4 m ≈ |
| Share repurchases | 50.0 m ≈ | 0 | 5.0 m | 5.0 k ≈ | 2.0 k ≈ | -7.0 k | 3.1 m | 0 ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 80 percentile of its own 15-quarter history (min 4.9, median 6.6, max 19.6; quarters with earnings only).
Fiscal years
| Fiscal year | ⚠ 2014 | 2015 | 2016 | 2017 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 132.6 m | 114.4 m | 100.2 m | 91.4 m | 3.0 bn | 2.8 bn | 2.7 bn | 2.8 bn |
| Revenue YoY | — | −13.7% | −12.4% | −8.8% | unavailable | −5.1% | −3.4% | +1.3% |
| Net income | 38.1 m | 82.9 m | 81.5 m | 65.7 m | 181.7 m | 171.4 m | 107.3 m | -6.7 m |
| Net income YoY | — | +117.6% | −1.7% | −19.4% | unavailable | −5.7% | −37.4% | −106.2% |
| Diluted EPS | 0.88 | 1.89 | 1.85 | 1.52 | 4.92 | 4.80 | 3.09 | -0.21 |
| Diluted EPS YoY | — | +114.8% | −2.1% | −17.8% | unavailable | −2.4% | −35.6% | −106.8% |
| net % | 28.7% | 72.4% | 81.3% | 71.8% | 6.1% | 6.1% | 3.9% | -0.2% |
| Free cash flow | 60.1 m | 73.9 m | 75.7 m | 133.1 m | 70.0 m | 155.6 m | 55.4 m | 39.4 m |
The series breaks before 2014: earlier years come from the original reports of the issuer of that time, later years from a subsequent filing that restated the perimeter (a separation, discontinued operations). The year-on-year change across the break is not shown.
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2026 · 31 Jan 2026
- Cash
- 29.8 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 609.0 m USD
- Total assets
- 2.0 bn USD
- Debt / equity
- unavailable
- Current ratio
- 1.02x
- ROE
- -1.1%
- ROA
- -0.3%
- FCF margin
- 1.4%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2016 | 2017 | 2023 | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 100.2 m | 91.4 m | 3.0 bn | 2.8 bn | 2.7 bn | 2.8 bn | SEC (XBRL)· 02 Apr 2026verified |
| Cost of revenue | 1.5 bn | 1.5 bn | 1.7 bn | 1.6 bn | 1.5 bn | 1.6 bn | SEC (XBRL)· 02 Apr 2026verified |
| Gross profit | 1.0 bn | 1.1 bn | 1.3 bn | 1.3 bn | 1.2 bn | 1.2 bn | SEC (XBRL)· 02 Apr 2026verified |
| SG&A | 912.7 m | 942.6 m | 1.1 bn | 1.1 bn | 1.1 bn | 1.2 bn | SEC (XBRL)· 02 Apr 2026verified |
| Operating income | 135.1 m | 96.0 m | 214.3 m | 194.5 m | 149.9 m | 6.4 m | SEC (XBRL)· 02 Apr 2026verified |
| Depreciation & amortisation | 51.4 m | 56.1 m | 49.0 m | 53.3 m | — | — | SEC (XBRL)· 02 Apr 2024verified |
| EBITDA | 186.5 m ≈ | 152.1 m ≈ | 263.3 m ≈ | 247.7 m ≈ | — | — | SEC (XBRL)· 02 Apr 2024derived |
| Interest expense | 16.6 m | 13.7 m | — | — | — | — | SEC (XBRL)· 03 Apr 2019verified |
| Pre-tax income | 108.8 m | 97.3 m | 213.0 m | 181.3 m | 135.2 m | -12.2 m | SEC (XBRL)· 02 Apr 2026verified |
| Income tax | 26.9 m | 31.2 m | 33.3 m | 9.5 m | 29.1 m | -2.3 m | SEC (XBRL)· 02 Apr 2026verified |
| Net income | 81.5 m | 65.7 m | 181.7 m | 171.4 m | 107.3 m | -6.7 m | SEC (XBRL)· 02 Apr 2026verified |
| Diluted EPS | 1.85 | 1.52 | 4.92 | 4.80 | 3.09 | -0.21 | SEC (XBRL)· 02 Apr 2026verified |
| Weighted average diluted shares | 42.7 m | 42.2 m | 35.4 m | 34.2 m | 33.5 m | 32.5 m | SEC (XBRL)· 02 Apr 2026verified |
| Dividend per share | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | SEC (XBRL)· 02 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2016 | 2017 | 2023 | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 118.2 m | 55.3 m | 33.7 m | 21.4 m | 29.6 m | 29.8 m | SEC (XBRL)· 02 Apr 2026verified |
| Receivables | — | — | 132.8 m | 140.4 m | 155.9 m | 147.2 m | SEC (XBRL)· 02 Apr 2026verified |
| Inventories | 546.7 m | 585.8 m | 580.2 m | 540.7 m | 565.2 m | 610.5 m | SEC (XBRL)· 02 Apr 2026verified |
| Current assets | 875.1 m | 843.7 m | 831.5 m | 788.9 m | 836.5 m | 862.8 m | SEC (XBRL)· 02 Apr 2026verified |
| Property, plant & equipment, net | 179.0 m | 219.2 m | 160.9 m | 167.6 m | 175.2 m | 202.9 m | SEC (XBRL)· 02 Apr 2026verified |
| Goodwill | 14.0 m | 127.1 m | 5.0 m | 5.0 m | 5.0 m | 15.4 m | SEC (XBRL)· 02 Apr 2026verified |
| Intangibles (excl. goodwill) | 116.9 m | 216.7 m | 210.4 m | 198.4 m | 187.3 m | 188.8 m | SEC (XBRL)· 02 Apr 2026verified |
| Total assets | 1.3 bn | 1.5 bn | 1.8 bn | 1.8 bn | 1.9 bn | 2.0 bn | SEC (XBRL)· 02 Apr 2026verified |
| Accounts payable | 237.8 m | 266.4 m | — | — | — | — | SEC (XBRL)· 06 Dec 2017verified |
| Short-term debt | 0 | — | — | — | — | — | SEC (XBRL)· 07 Sept 2016verified |
| Current liabilities | 390.3 m | 527.6 m | 911.2 m | 743.0 m | 757.9 m | 845.5 m | SEC (XBRL)· 02 Apr 2026verified |
| Equity | 602.5 m | 614.5 m | 426.1 m | 567.6 m | 605.9 m | 609.0 m | SEC (XBRL)· 02 Apr 2026verified |
Cash flow · USD
| Line | 2016 | 2017 | 2023 | 2024 | 2025 | 2026 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 149.2 m | 183.6 m | 125.9 m | 200.2 m | 104.6 m | 103.2 m | SEC (XBRL)· 02 Apr 2026verified |
| Capex | 73.5 m | 50.5 m | 55.9 m | 44.6 m | 49.1 m | 63.7 m | SEC (XBRL)· 02 Apr 2026verified |
| Free cash flow | 75.7 m ≈ | 133.1 m ≈ | 70.0 m ≈ | 155.6 m ≈ | 55.4 m ≈ | 39.4 m ≈ | SEC (XBRL)· 02 Apr 2026derived |
| Investing cash flow | -73.8 m | -319.5 m | -64.0 m | -49.6 m | -51.7 m | -161.5 m | SEC (XBRL)· 02 Apr 2026verified |
| Financing cash flow | -23.5 m | 72.8 m | -58.2 m | -163.0 m | -44.5 m | 58.4 m | SEC (XBRL)· 02 Apr 2026verified |
| Dividends paid | 12.3 m | 12.1 m | 10.2 m | 10.0 m | 9.7 m | 9.4 m | SEC (XBRL)· 02 Apr 2026verified |
| Share repurchases | 4.9 m | 23.1 m | 63.2 m | 17.4 m | 65.0 m | 5.0 m | SEC (XBRL)· 02 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- score weight coverage: 54.2% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 507.6 m USD
Key indicators
Coverage and freshness
Score by group
54% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 17.92 – 27.14 USD.
Methods computed but outside the aggregate range: Dividend discount (DDM) (a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate).
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · the reported interest expense is far older than the latest period (the filer changed its XBRL tag): a stale figure is not used
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E17.92 – 27.14 (Mid 25.74)5 companies used · median multiple 17.2x · quartiles 12.0x – 18.2xCPRI, RCKY, SHOO, TPR, WWW
- Dividend discount (DDM)outside the aggregate3.68 – 4.95 (Mid 4.22)a small share of earnings is paid as dividends (capital returns through buybacks): the dividend model does not describe the value and stays outside the aggregate
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 54.2% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 1.8% | 33 (vs peers) | 12% |
| FCF conversion · Quality | 128.1% | 100 (on a fixed band) | 12% |
| Revenue CAGR 3Y · Growth | -2.4% | 0 (on a fixed band) | 15% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 1.1x | 26 (on a fixed band) | 8% |
| P/E (TTM) · Valuation | 9.9x | 100 (vs peers) | 19% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 13.3% | 100 (on a fixed band) | 15% |
| Shareholder yield (distributions) · Returns | 2.5% | 35 (on a fixed band) | 12% |
| Payout ratio (FCF) · Returns | 14.1% | 100 (on a fixed band) | 8% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial26/100 · 1/3 factors with a value
- Growth· partial0/100 · 1/2 factors with a value
- Quality67/100 · 2/3 factors with a value
- Returns61/100 · 2/2 factors with a value
- Valuation100/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
CALERES, INC (CAL). Latest full fiscal year: 2026; data up to 2026-08-01.
Figures computed from the financial statements: revenue 2.8 bn USD in 2026; YoY growth 1.3%; net margin 1.8%; ROE 8.2%.
The estimated value range is 17.92–27.14 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 25.74 USD, the price of 14.71 USD leaves a potential of 75.0% (value / price − 1) and a margin of safety of 42.8% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 54.2% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- FCF conversion: 128.1%
- P/E (TTM): 9.9x
- FCF yield: 13.3%
- Payout ratio (FCF): 14.1%
- The price is below the estimated value range
What contradicts it
- Revenue CAGR 3Y: -2.4%
- Current ratio: 1.1x
Not assessed (insufficient data or a ratio without meaning): ROIC, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, EV/EBITDA.
Versus the vertical median
Leather products (SIC 31xx) · same major group (2-digit SIC) · compared with 9 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| TPRTapestry, Inc. | 25.0 bn | 17.2 | 197.1% | 19.1% | +14.2% | +15% / +296% |
| SHOOSteven Madden, Ltd. | 3.4 bn | 22.9 | 16.7% | 5.4% | +11.0% | +12% / +24% |
| CPRICapri Holdings Limited | 2.2 bn | 12.0 | — | 6.1% | −4.1% | −16% / −56% |
| WWWWolverine World Wide, Inc. | 1.9 bn | 18.2 | 27.1% | 5.5% | unavailable | +45% / +174% |
| CALCaleres, Inc | 507.6 m | 9.9 | 8.2% | 1.8% | +1.3% | +41% / −47% |
| RCKYRocky Brands, Inc. | 411.2 m | 12.0 | 13.2% | 6.6% | +6.2% | +80% / +89% |
| VRAVera Bradley, Inc. | 216.0 m | — | -7.4% | -3.7% | −15.4% | +165% / +0% |
| TLFTandy Leather Factory, Inc | 18.6 m | — | -3.2% | -2.1% | +2.6% | −17% / −45% |
| BIRKBirkenstock Holding plc | — | — | 13.0% | 16.6% | +16.2% | −14% / −19% |
| FMFCKandal M Venture Limited | — | 366.0 | 76.7% | 1.2% | +23.0% | −85% / unavailable |
1- and 3-year price returns: for CAL from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 8.26 Total return -42% · Per year -42% | 14.65 Total return 1% · Per year 1% | 22.13 Total return 53% · Per year 53% |
| 3 years | 6.94 Total return -49% · Per year -20% | 13.95 Total return 0% · Per year 0% | 23.29 Total return 65% · Per year 18% |
| 5 years | 5.83 Total return -54% · Per year -15% | 13.28 Total return -1% · Per year -0% | 24.51 Total return 79% · Per year 12% |
- Exit P/E± 3.49
- Net margin± 2.44
- Annual revenue growth± 2.15
- Annual dilution± 0.21
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Caleres is a global footwear company that runs the Famous Footwear store chain and a portfolio of brands such as Sam Edelman, Stuart Weitzman and Vionic. It matters now because the Brand Portfolio segment is growing fast while store traffic weakens, against a backdrop of tariffs and refunds 123. The company reported consolidated net sales of 2757.9 million USD in fiscal 2025 1.
SWOT
Strengths
Weaknesses
Opportunities
Risks
- Tariff riskhigh
New tariffs and trade measures could raise costs and reduce margins, and the final effect remains uncertain 12.
- Supplier dependencehigh
Losing one of the major branded suppliers could seriously affect the Famous Footwear segment 1.
- Discretionary demandmedium
If pressure on consumer income persists, footwear sales could fall further 12.
- Customer concentrationmedium
Financial difficulties at large retailers could lead to unpaid receivables or reduced orders 1.
- Acquisition integrationlow
Integrating Stuart Weitzman could bring extra costs or delays compared with expectations 13.
Investment thesis
What would need to be true (bull case)
- If Brand Portfolio keeps growing organically, company margins could stay high even with a weak Famous Footwear 3.
- The shift toward fashion footwear that management pointed to could return to favour the retail segment 3.
- Liquidity and tariff refunds could support debt reduction and funding of the strategy 23.
What would break the thesis
What to watch
- Famous Footwear comparable sales trend and the shift toward fashionQ3 2026
- Gross margin and GAAP EPS guidance for fiscal 2026Q3 2026
- Integration of Stuart Weitzman and its contribution to administrative costs2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Caleres designs, develops, sources, manufactures and distributes footwear for people of all ages, operating as both a retailer and a wholesaler 1. The business has two segments: Famous Footwear, a store chain aimed at millennial families, and Brand Portfolio, which combines owned and acquired brands. Its stated strategy focuses on growing Brand Portfolio and deepening ties with the millennial family through Famous Footwear 12.
Segments
Famous Footwear
The Famous Footwear segment runs a North American store chain focused on trend-right fashion, casual and athletic footwear at accessible prices for millennial families 1. Segment sales fell in fiscal 2025 and in the second quarter of 2026, with comparable sales declining 13. Management said it is shifting the assortment toward fashion, which is outperforming lifestyle athletic 3.
Brand Portfolio
The Brand Portfolio segment includes brands such as Sam Edelman, Vionic, Naturalizer, Allen Edmonds, Dr. Scholl's Shoes, Stuart Weitzman and Vince, sold through owned stores, e-commerce and international partners 1. Sales grew in fiscal 2025 and continued to rise strongly in the second quarter of 2026, including organically 13. Gross margins improved markedly and the segment is the core of the company's strategy 3.
Market context
The footwear market is shaped by consumer preferences, fashion trends and economic conditions that can curb discretionary spending 1. Companies in the sector face retailer consolidation, pricing pressure and intense competition 12. The company reported that fashion is gaining ground over lifestyle athletic, a shift that could favour its fashion brands 3.
Demand also depends on trade policy: tariffs and import restrictions can change costs and the competitiveness of goods made abroad 12. If tariffs stay volatile, margins and prices could continue to be affected 2.
Trends
- Tariff volatilitymixed
US tariff policy has stayed unstable, and the Supreme Court invalidated IEEPA tariffs in February 2026 12. The company collected tariff refunds, but new measures could reinstate costs, so the net effect remains uncertain 23.
- Pressure on discretionary spendingheadwind
Elevated interest rates, persistent inflation and energy prices have reduced traffic in Famous Footwear stores 12. If these pressures persist, demand for fashion footwear could stay weak 2.
- Shift toward fashion over lifestyle athletictailwind
Management signalled a jump in demand for fashion footwear, which recently outpaced lifestyle athletic 3. If the trend holds, it could support margins in the Famous Footwear segment 3.
- Retail consolidationheadwind
Concentration among large customers and the growth of online shopping increase retailers' bargaining power and can reduce store counts 1. If this continues, pressure on commercial terms could grow 1.
Competitive position
Caleres operates in a highly competitive industry where pricing is pressed by both existing and new competitors 1. Retailers are increasingly developing private-label brands and sourcing directly from abroad, which could reduce the company's sales 1.
Competition also shows up in supplier relationships, since Famous Footwear depends on a few large branded suppliers without long-term contracts 1. The company differentiates through its own portfolio and vertical integration, but competitive pressure remains high 13.
- NikeNKE
Major supplier to Famous Footwear and a direct competitor in athletic footwear 1.
- Skechers
Key supplier to Famous Footwear that also competes in casual and athletic footwear 1.
- adidas
Important supplier to Famous Footwear and a competitor in athletic footwear 1.
- private-label retailers
Retailers building their own brands or sourcing directly, reducing reliance on wholesalers 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Caleres (CAL) Stock Lags Behind Its Brand Portfolio’s SurgeYahoo Finance — News · 12 Sept 2026 · EN
- Caleres Q2 Earnings Call HighlightsYahoo Finance — News · 09 Sept 2026 · EN
- Caleres Shares Up After Q2 Earnings Beat Led by Brand PortfolioYahoo Finance — News · 09 Sept 2026 · EN
- How To Earn $500 A Month From Caleres Stock Ahead Of Q2 EarningsYahoo Finance — News · 05 Sept 2026 · EN
SEC filings
- Quarterly report10 Sept 2026
- Current report09 Sept 2026Results of operations · Financial statements and exhibits
- Quarterly report09 Jun 2026
- Current report04 Jun 2026Results of operations · Financial statements and exhibits
- Current report28 May 2026Amendments to articles or bylaws · Shareholder vote · Financial statements and exhibits
- Current report20 May 2026Departure or appointment of officers · Financial statements and exhibits
- Proxy statement16 Apr 2026
- Annual report02 Apr 2026
- Current report19 Mar 2026Results of operations · Financial statements and exhibits
- Current report22 Jan 2026Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2026-01-31 · SEC / Caleres, Inc. · 02 Apr 2026
- [2] Form 10-Q, quarter ended 2026-08-01 · SEC / Caleres, Inc. · 10 Sept 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Caleres, Inc. · 09 Sept 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.