Stocks · Consumer Cyclical · Apparel - Retail
Caleres, Inc. CAL
$12.22 -0.65% Close, Oct 2, 2026 · NYSE · Market cap $410.5M
Inexpensive vs sectorHigh risk
Next earnings report: Dec 8, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 6.9× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $2.85B, up 7.3% from a year earlier, accelerating from 4.9% a quarter earlier.
- Diluted EPS over the last four quarters was $1.61, down 8.0% year over year.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth58Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 36%
- EPS growth (TTM, YoY)Bottom 41%
- Revenue growth, 3-year CAGRBottom 29%
- Revenue growth accelerationTop 19%
Quality35Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 40%
- Gross marginTop 28%
- Operating marginBottom 33%
- Cash conversion (OCF / net income)Top 37%
- Accruals (lower is better)Bottom 27%
- Net debt / EBITDA (lower is better)Bottom 19%
- Interest coverTop 44%
Value90Exceptional
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 6%
- Free-cash-flow yieldTop 13%
- EBITDA / enterprise valueTop 34%
- Sales / enterprise valueTop 9%
- P/E vs own 5-year history (lower is better)Bottom 29%
Momentum57Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 43%
- 6-month returnTop 32%
- 1-year return vs S&P 500Top 50%
- Distance from 52-week highTop 32%
- Trend checklist (0–4)Bottom 47%
Revisions89Strong
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 28%
- Consecutive EPS beatsTop 38%
- Share of analysts rating BuyTop 44%
- Upside to consensus price targetTop 6%
Stability10Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 25%
- Maximum drawdown, 3 yearsBottom 12%
- Beta vs S&P 500 (lower is better)Bottom 18%
- Net debt / EBITDA (lower is better)Bottom 19%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 4.9% | 7.3% | ↑ |
| EPS growth (YoY) | -99.6% | -8.0% | ↑ |
| Gross margin | 44.0% | 46.2% | ↑ |
| Operating margin | 3.2% | 3.5% | ↑ |
| FCF margin | -1.3% | 2.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 7.3% | 4.9% | ↑ | Top 36% |
| EPS growth (TTM, YoY) | -8.0% | -99.6% | ↑ | Bottom 41% |
| Gross margin | 46.2% | 44.0% | ↑ | Top 28% |
| Operating margin | 3.5% | 3.2% | ↑ | Bottom 33% |
| Net margin | 1.8% | 2.3% | ↓ | — |
| Free-cash-flow margin | 2.2% | -1.3% | ↑ | — |
| Return on invested capital | 4.3% | — | Bottom 40% | |
| Revenue growth, 3-year CAGR | -2.4% | — | Bottom 29% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.24×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +1.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.89×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 5.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.31%
- Net buyback yield (TTM)
- 1.40%
- Shareholder yield
- 3.71%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- -1.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Aug 1, 2026 (filed Sep 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +26.1%
- Average 2-day reaction, last 8
- -3.1%
- Positive 20 days after report
- 1 of 7
Analysts
- Consensus price target
- $28.25
- Target vs current price
- +131.2%
- Analysts with a rating
- 13
- Share rating Buy or Strong Buy
- 54%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 9, 2026 | +27.5% | +1.0% | +2.3% | — | — |
| Jun 4, 2026 | +2.7% | +0.6% | -2.7% | -17.1% | -11.6% |
| Mar 19, 2026 | +85.0% | +19.1% | +24.3% | +44.6% | +65.2% |
| Dec 9, 2025 | -10.7% | -5.6% | +1.1% | -5.1% | -21.4% |
| Sep 4, 2025 | -31.4% | -4.7% | +4.2% | -11.4% | -21.1% |
| May 29, 2025 | -40.5% | -18.3% | -18.6% | -24.3% | -5.3% |
| Mar 20, 2025 | +22.2% | +2.7% | +7.7% | -12.1% | -24.9% |
| Dec 5, 2024 | -10.2% | -20.0% | -21.5% | -34.1% | -50.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 9, 2026 | $0.47 | $0.37 | +27.5% | $695.5M |
| Jun 4, 2026 | $0.38 | $0.37 | +2.7% | $666.6M |
| Mar 19, 2026 | -$0.06 | -$0.40 | +85.0% | $695.1M |
| Dec 9, 2025 | $0.67 | $0.75 | -10.7% | $790.1M |
| Sep 4, 2025 | $0.35 | $0.51 | -31.4% | $658.5M |
| May 29, 2025 | $0.22 | $0.37 | -40.5% | $614.2M |
| Mar 20, 2025 | $0.33 | $0.27 | +22.2% | $639.2M |
| Dec 5, 2024 | $1.23 | $1.37 | -10.2% | $740.9M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 7.6× | 6.5× | 74th | Top 6% |
| P/E (forward) | 7.6× | — | — | — |
| EV / EBITDA | 10.3× | — | — | Top 34% |
| EV / Sales | 0.43× | — | — | Top 9% |
| Free-cash-flow yield | 15.07% | — | — | Top 13% |
| Earnings yield | 13.18% | — | — | Top 6% |
P/E over the past five years
Range 4.4× – 43.1× since Oct 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -7.8%
- Earnings per share growth (TTM)
- -8.0%
- Change in P/E multiple
- +27.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +0.7%
- 200-day average slope (20 days)
- +0.2%
- Distance from 50-day average
- -4.8%
- Distance from 200-day average
- -2.6%
- RSI (14)
- 46.8
- Relative volume
- 0.69×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 55.2%
- Volatility vs own 5-year history
- 52th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.54
- Correlation with S&P 500
- 0.38
- Current drawdown from 1-year high
- -17.0%
- Maximum drawdown, 3 years
- -79.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Aug 23, 2024 | Mar 18, 2026 | -79.8% | 391 days | Not yet recovered |
| Aug 18, 2022 | May 31, 2023 | -43.3% | 196 days | 126 days (Nov 29, 2023) |
| Nov 18, 2021 | Mar 7, 2022 | -37.8% | 73 days | 58 days (May 27, 2022) |
| Oct 2, 2020 | Oct 30, 2020 | -25.1% | 20 days | 6 days (Nov 9, 2020) |
| Jun 24, 2021 | Sep 14, 2021 | -23.7% | 56 days | 47 days (Nov 18, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $410.5M
- P/E (TTM)
- 7.6
- EPS, diluted (TTM)
- $1.61
- Revenue (TTM)
- $2.85B
- Dividend yield
- 2.29%
- 52-week range
- $8.80 – $15.04
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.78B | $2.97B | $2.82B | $2.72B | $2.76B |
| Gross profit | $1.23B | $1.28B | $1.26B | $1.22B | $1.18B |
| Operating income | $205.8M | $214.3M | $201.3M | $149.9M | $29.0M |
| Net income | $137.0M | $181.7M | $163.9M | $107.3M | -$7.1M |
| EPS (diluted) | $3.56 | $4.92 | $4.80 | $3.09 | -$0.22 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $740.9M | $639.2M | $614.2M | $658.5M | $790.1M | $695.1M | $666.6M | $695.5M |
| Net income | $41.4M | $4.9M | $6.9M | $6.5M | $2.3M | -$22.7M | $14.3M | $58.6M |
| EPS (diluted) | $1.19 | $0.15 | $0.21 | $0.20 | $0.07 | -$0.70 | $0.44 | $1.80 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $168.4M | $125.9M | $200.2M | $104.6M | $100.3M |
| Capital expenditure | -$24.1M | -$64.0M | -$49.6M | -$49.1M | -$67.9M |
| Free cash flow | $144.3M | $61.8M | $150.5M | $55.4M | $32.4M |
| Dividends paid | -$10.6M | -$10.2M | -$10.0M | -$9.7M | -$9.4M |
| Net share buybacks | -$17.0M | -$63.2M | -$17.4M | -$65.0M | -$8.9M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $50.9M
- Total assets
- $2.14B
- Total liabilities
- $1.45B
- Total debt
- $877.3M
- Net debt
- $826.4M
- Shareholders’ equity
- $673.6M
As of Aug 1, 2026 (filed Sep 10, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 11, 2026 | $0.07 | Sep 25, 2026 |
| Jun 11, 2026 | $0.07 | Jun 26, 2026 |
| Mar 26, 2026 | $0.07 | Apr 10, 2026 |
| Dec 26, 2025 | $0.07 | Jan 9, 2026 |
| Sep 12, 2025 | $0.07 | Sep 26, 2025 |
| Jun 5, 2025 | $0.07 | Jun 20, 2025 |
| Mar 27, 2025 | $0.07 | Apr 11, 2025 |
| Dec 27, 2024 | $0.07 | Jan 10, 2025 |
Short interest
- Shares sold short
- 4,187,906
- Days to cover
- 5.98
- Change vs previous report
- +7.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 3, 2007
- 3-for-2
- Apr 4, 2006
- 3-for-2
- Jul 1, 1983
- 2-for-1
- Jul 2, 1981
- 3-for-2