Fourth quarter net sales at footwear retailer Caleres of 639.2 million dollars, declined 8.3 percent year-over-year. The company also reported a 9.6 percent drop in Famous Footwear segment, with comparable sales down 2.9 percent, while the Brand Portfolio segment also decreased 7.2 percent. Net earnings declined to 11.1 million dollars or...
Mar 21, 2025
Footwear retailer Caleres has appointed Brian Costello as chief merchandising officer of Famous Footwear. In this role, the company said in a release, he will oversee all buying and merchandising, including women’s, men’s and kids’ athletic and fashion footwear and accessories, for the brand’s US and Canada stores and e-commerce sites. “Brian...
Feb 4, 2025
Caleres reported sales of 683.3 million dollars for the second quarter, down 1.8 percent. Caleres has lowered fiscal 2024 outlook of net sales to down low-single-digits percent versus previous guidance of flat to up 2 percent; and earnings per diluted share to 3.94 dollars to 4.09 dollars versus prior guidance of 4.30 dollars to 4.60 dollars and...
Sep 13, 2024
Caleres net sales were 659.2 million dollars in the first quarter, down 0.5 percent. Famous Footwear segment net sales increased 0.1 percent, with comparable sales down 2.3 percent, brand portfolio segment net sales declined 2.6 percent, while direct-to-consumer sales represented approximately 69 percent of total net sales “Caleres began 2024 in...
May 31, 2024
Net sales at Caleres Inc., rose 9.3 percent to 738.3 million dollars in the second quarter, driven by positive momentum in the brand portfolio segment. The company achieved net earnings of 51.2 million dollars and generated a 45.6 percent consolidated gross profit margin. “During the second quarter, Caleres delivered another exceptional...
Aug 24, 2022
Fourth quarter net sales at Caleres were 679.3 million dollars, up 19 percent from the fourth quarter of fiscal 2020. The company reported 15.9 percent sales increase in the Famous Footwear segment and a 24.4 percent sales increase in the brand portfolio segment. Gross profit for the quarter was 294.8 million dollars, while gross margin was 43.4...
Mar 16, 2022
Caleres third quarter net sales were 784.2 million dollars, up 21.1 percent from the third quarter of fiscal 2020. The company reported a 26.3 percent sales increase in the Famous Footwear segment; a 12.3 percent sales increase in the brand portfolio segment. Direct-to-consumer sales represented 73.5 percent of total net sales. “Caleres achieved...
Nov 19, 2021
Caleres net sales for the second quarter were 675.5 million dollars, up 34.7 percent from the second quarter of fiscal 2020. The company reported a 35.8 percent sales increase in the Famous Footwear segment and a 30.2 percent sales increase in the Brand Portfolio segment. Direct-to-consumer sales represented 79 percent of total net sales. For...
Sep 1, 2021
Caleres net sales for the first quarter were 638.6 million dollars, up 60.8 percent from the first quarter of fiscal 2020. The company reported 108.2 percent sales increase in the Famous Footwear segment and 15.2 percent sales increase in the Brand Portfolio segment. Total company owned ecommerce website sales increased 21.4 percent, with...
May 31, 2021
Caleres For its fourth quarter, Caleres recorded net sales of 571 million dollars, down 18.3 percent. The company reported a 6.2 percent sales decline in the Famous Footwear segment and a 32.4 percent sales decline in the Brand Portfolio segment, while total company owned ecommerce website sales increased approximately 25 percent, with ecommerce...
Mar 17, 2021
Caleres has announced several transformational changes to its leadership structure that the company said, will ensure greater alignment with its strategic direction, accelerate its growth initiatives, unlock the power of its portfolio of brands and drive sustainable, long-term value for its shareholders. This transition, the company added,...
Dec 2, 2020
Caleres, in its third quarter trading report said that the company’s net sales for the quarter were 647.5 million dollars, down 18.3 percent, while direct-to-consumer sales represented 71.4 percent of total net sales. The company added that there was a 12.3 percent sales decline in the Famous Footwear segment and a 25.6 percent sales decline in...
Nov 20, 2020
