Caleres (NYSE:CAL) Updates Q3 2026 Earnings Guidance

Caleres (NYSE:CAL) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.620-0.700 for the period, compared to the consensus EPS estimate of 0.830. The company issued revenue guidance of -. Caleres also updated its FY 2026 guidance to 1.500-1.650 EPS.

Caleres Trading Down 2.1%

Shares of NYSE:CAL opened at $11.90 on Friday. Caleres has a 1-year low of $8.80 and a 1-year high of $16.14. The stock has a market capitalization of $399.72 million, a P/E ratio of 7.93 and a beta of 0.75. The business has a 50-day moving average price of $12.70 and a two-hundred day moving average price of $12.43.

Caleres (NYSE:CAL) last issued its earnings results 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 net margin of 1.85% and a return on equity of 7.84%. The company had revenue of $695.45 million for the quarter, compared to analyst estimates of $702.49 million. During the same quarter last year, the firm 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. As a group, equities analysts predict that Caleres will post 1.62 EPS for the current year.

Caleres Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be paid 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 yield of 2.4%. Caleres’s dividend payout ratio (DPR) is presently -2,800.00%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Zacks Research lowered shares of Caleres from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Weiss Ratings restated a “sell (d+)” rating on shares of Caleres in a research report on Friday, July 31st. KeyCorp reaffirmed a “sector weight” rating on shares of Caleres in a research note on Friday, June 5th. Finally, Wall Street Zen downgraded Caleres from a “buy” rating to a “hold” rating in a report on Saturday, August 29th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average 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 Trading of Caleres

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Caleres by 1.2% during the third quarter. Vanguard Group Inc. now owns 2,427,235 shares of the textile maker’s stock worth $31,651,000 after purchasing an additional 28,190 shares during the period. Charles Schwab Investment Management Inc. increased its position in Caleres by 18.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,092,075 shares of the textile maker’s stock worth $13,291,000 after buying an additional 169,760 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Caleres by 120.4% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,072,550 shares of the textile maker’s stock worth $13,986,000 after buying an additional 586,020 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of Caleres by 86.3% in the fourth quarter. Federated Hermes Inc. now owns 937,391 shares of the textile maker’s stock valued at $11,408,000 after acquiring an additional 434,269 shares during the period. Finally, Paradigm Capital Management Inc. NY grew its stake 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 acquiring an additional 256,155 shares in the last quarter. Institutional investors and hedge funds own 98.44% of the company’s stock.

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.