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 +7.03% change in stock price 10 days leading up to the earnings, and a -1.95% change 10 days following the report. On the earnings day itself, the stock moves by -0.98%. This data can give you a slight idea of what to expect for the next quarter's release.
CAL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
761.90M
-4.55%
9.54%
Gross Margin
44.67%
4.91%
-1.11%
Operating Margin
8.78%
23.49%
18.01%
Net Margin
6.17%
26.43%
24.90%
EPS
1.32
22.22%
38.95%
No Data Available
CAL Earnings Analysis
Caleres Inc Corporation (CAL.N) Earnings Conference Call
Positive
Brand Sales Increase: Brand portfolio sales increased approximately 1%.
Brand Performance Comparison: Our lead brands outperformed our portfolio brands with wholesale and owned dot com both showing modest growth versus last year.
Return to Growth: We were encouraged to see a return to growth and pleased to report that the issues that we had last quarter related to our systems implementation did not impact this quarter.
Market Share Increase: Our brand portfolio gained market share according to Circana during the quarter, both in total and in women's fashion footwear.
Strong Demand for Sneakers: We continue to see robust demand for new products with momentum in fashion sneakers.
Negative
Sales Decline Analysis: Sales decreased 2.8% year-over-year, totaling $741 million, which included an unfavorable calendar shift of about $29 million at Famous.
Earnings Decline Analysis: Earnings per diluted share were $1.23, down from $1.37 last year, indicating a decline in profitability.
Sales Decline Analysis: Famous sales were down 4.8%, reflecting weak seasonal demand in the boot category that impacted results in both segments.
Operating Earnings Decline: Operating earnings were $58 million, with an operating margin of 7.9%, down from 10.9% at brand portfolio, indicating reduced efficiency.
Sales and Earnings Downgrade: We expect lower sales and earnings than our previous guidance, reflecting ongoing challenges in the market.
CAL FAQs
How does CAL typically perform around its earnings report dates?
Is Caleres, Inc. (CAL) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
CAL Earning Call Sentiment
Caleres, Inc. (CAL) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
CAL.N
-3.15%Positive
The earnings call highlights weak sales performance, declining EPS, and gross margin issues. The Q&A reveals management's cautious outlook, particularly in China, and a lack of clarity on margin impact. Despite share buybacks, the challenging footwear environment and markdowns are concerning. Given the company's small market cap, the negative sentiment is likely to lead to a stock price decline in the range of -2% to -8% over the next two weeks.
