CAL Earnings Prediction
The chart below shows how CAL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CAL sees a +7.80% change in stock price 10 days leading up to the earnings, and a -1.46% change 10 days following the report. On the earnings day itself, the stock moves by -0.54%. This data can give you a slight idea of what to expect for the next quarter's release.
CAL Key Earning Data
CAL Earnings Analysis
Positive
Earnings Per Share Beat: Caleres, Inc. reported an adjusted EPS of $0.33, exceeding expectations of $0.27, indicating strong financial performance.
Market Share Expansion: The company gained market share in women's fashion footwear, showcasing the strength of its Lead Brands like Sam Edelman, Allen Edmonds, Naturalizer, and Vionic.
Vendor Partner Excellence Award: Caleres was honored with the Nordstrom Vendor Partner and Excellence Award for Footwear in 2024, highlighting its strong brand reputation and product quality.
Expense Reduction and Growth Strategy: Despite a challenging market, Caleres successfully reduced expenses while investing in long-term growth strategies, demonstrating effective financial management.
Sourcing Strategy Shift: The company expects to have 75% of its direct product sourcing outside of China by mid-2025, exceeding previous goals and mitigating tariff impacts.
Shareholder Value Commitment: Caleres returned approximately $75 million to shareholders through buybacks and dividends, reflecting a commitment to shareholder value.
Operational Efficiency Insights: The Brand Portfolio delivered solid adjusted operating margins of 9.4%, indicating operational efficiency despite sales declines.
Sales Performance and Resilience: Vionic and Allen Edmonds showed strong sales performance, with Vionic leading in product innovation and Allen Edmonds recovering in boot sales, showcasing brand resilience.
Contemporary Segment Expansion: The company is expanding its contemporary segment with new brand launches and the acquisition of Stuart Weitzman, positioning itself for future growth.
Retail Strategy Success: Famous Footwear's FLAIR stores outperformed traditional stores, indicating a successful retail strategy and customer engagement.
Negative
Sales Decline Analysis: Sales were down approximately 4% in Q4 compared to last year, indicating a decline in demand.
Brand Portfolio Sales Decline: Brand Portfolio sales declined 7.2% in Q4, reflecting weakness in boots and value-oriented brands.
Decline in Comp-Store Sales: Famous Footwear comp-store sales were down 2.9%, with brick-and-mortar sales down 4.1%.
Women's Footwear Decline: Overall business performance was described as soft, particularly in women's footwear, which saw the biggest decline.
Gross Margin Decline: Gross margin decreased by 80 basis points in Q4, attributed to higher discounts and markdown allowances.
Q4 Operating Earnings Decline: Operating earnings for Q4 were only $13.4 million, representing just 2.1% of sales, indicating lower profitability.
Inventory Increase Concerns: Inventory levels increased by 4.5% year-over-year, raising concerns about potential overstock issues.
Cautious Guidance Ahead: The company anticipates continued headwinds in 2025 due to inflation and cautious consumer spending, leading to conservative guidance.
Store Closure Announcement: Famous Footwear expects to close 10 stores, indicating a contraction in physical retail presence.
CAL FAQs
How does CAL typically perform around its earnings report dates?
CAL's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +7.80% change leading up to the report and a -1.46% change in the 10 days following the release.
Is Caleres Inc (CAL) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
CAL Earning Call Sentiment
Caleres, Inc. (NYSE:CAL) Q4 2024 Earnings Call Transcript
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