Caleres Set to Release Third Quarter 2025 Financial Results on December 9
Upcoming Financial Results: Caleres will release its third quarter 2025 financial results on December 9, 2025, before market opening, followed by a conference call at 10 a.m. ET for discussion and updates.
Participation Details: Investors, media, and the public can join the call via North American and international phone numbers, with a live webcast available on Caleres' Investors page.
Replay Information: A replay of the conference call will be accessible until December 23, 2025, through specific phone numbers and a webcast archive on Caleres' Events & Presentations page.
About Caleres: Caleres is a leading footwear brand portfolio with a legacy of nearly 150 years, featuring brands like Famous Footwear and Sam Edelman, and aims to inspire people to feel great through their products.
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- Caleres Shares Decline: Caleres shares fell by 2.9% following disappointing earnings reports for the fourth quarter.
- Impact of Coward's Bankruptcy: The decline in shares is attributed to the bankruptcy of Coward, which has affected investor confidence.
- Interim CFO Appointment: The company has appointed an interim CFO in light of the recent financial challenges.
- Market Reaction: The market's reaction reflects concerns over the company's financial stability and future performance.

- Convertible Notes Offering: WhiteFiber Inc announced a $200 million convertible notes offering, resulting in a 5.5% drop in its share price during pre-market trading, which may negatively impact investor confidence and future financing capabilities.
- Market Reaction: Following the convertible notes announcement, WhiteFiber's stock fell to $19.19 in pre-market trading, reflecting market concerns over the company's financial health and potentially affecting shareholder returns.
- Other Stock Movements: Caleres, Inc. shares tumbled 8.6% in pre-market trading after naming Dan Karpel as interim CFO, indicating that changes in corporate governance may impact its market performance.
- Overall Industry Trends: Aura Biosciences Inc shares dipped 7%, while GoldMining Inc and T1 Energy Inc fell 5.5% and 5.4% respectively, suggesting a general downturn in market sentiment that could affect investor confidence across related sectors.
- Executive Change: Caleres has appointed Senior Vice President and Chief Accounting Officer Dan Karpel as interim Chief Financial Officer, succeeding Jack Calandra, who will leave at the end of the month, indicating stability during leadership transitions and clarifying that Calandra's departure is not due to any disagreements.
- External Search Initiated: The company has begun an external search for a permanent CFO, demonstrating its commitment to strong financial leadership and ensuring continuity and expertise in financial management moving forward.
- Bankruptcy Impact Assessment: Caleres is assessing the potential impact of Saks Global's bankruptcy on sales volatility, which could pose a risk of up to $0.06 to fourth-quarter earnings per diluted share, indicating a cautious approach to financial forecasting amid external challenges.
- Stable Performance Outlook: Despite the potential risks, Caleres stated that its fourth-quarter and full-year 2025 outlook remains in line with prior guidance, showcasing the company's resilience and stability in a challenging environment.
- Executive Change: Caleres has appointed Dan Karpel as interim CFO, succeeding Jack Calandra, who is leaving for other opportunities without any internal disputes, indicating a stable transition in leadership.
- Financial Expertise: Karpel rejoined Caleres in October 2025, bringing over 30 years of accounting and finance experience, having previously served as CFO at Club Car Wash, which enhances his capability to manage financial operations effectively.
- Earnings Warning: The company updated its fourth-quarter outlook, indicating potential sales volatility due to the Saks Global bankruptcy, which could pose a risk of up to $0.06 per diluted share in earnings guidance, affecting financial stability.
- Restructuring Costs: In addition to sales volatility risks, Caleres may incur unforeseen restructuring costs, further pressuring the company's financial condition, although the sales and earnings outlook remains aligned with previous guidance when excluding these impacts.
- Brand Expansion: Stuart Weitzman launches a new advertising campaign for its men's footwear line, aiming to further penetrate the men's market and distinguish itself from competitors by focusing on the metropolitan professional man.
- Product Features: The new collection includes a range of elevated loafers and lace-ups that blend the brand's New York heritage with artisanal Italian craftsmanship, designed to enhance men's everyday attire while meeting their dual needs for style and comfort.
- Visual Style: The campaign is shot by renowned photographer Ned Rogers in the brand's iconic black-and-white minimalist style, depicting various scenarios of the Stuart Weitzman man in New York, thereby enhancing the brand's cultural identity.
- Global Availability: The Stuart Weitzman Men's Collection is now available on its website, in boutiques, and at select retail partners worldwide, further increasing the brand's market reach and consumer touchpoints.
- Brand Expansion: Stuart Weitzman launches its 2026 Men's Collection, aiming to enhance its presence in the men's footwear market through elevated loafers and lace-ups, thereby strengthening its unique position against competitors.
- Advertising Campaign: The new campaign features international supermodel Sean O'Pry, showcasing various scenarios of men's urban life in New York, emphasizing the brand's deep connection with the city's culture.
- Design Philosophy: The collection merges the brand's New York heritage with Italian craftsmanship, introducing modern silhouettes such as polished tassel loafers and sport-inspired lace-ups, aimed at elevating men's overall style.
- Market Positioning: Brand President Jonathan Lelonek states that the new strategic focus is on meeting male consumers' needs by creating footwear that works for both professional settings and personal style enhancement, further solidifying the brand's market position.




