Caleres Earnings Reports

Caleres posted lower revenue and earnings in Q1 2025 due to weaker sales in both segments and reduced gross margins. Despite underperformance, momentum improved toward the end of the quarter.

In Q4 2024, Caleres reported net sales of $639.2 million, down 8.3% year-over-year. Adjusted earnings per diluted share were $0.33, with gross profit at $275.1 million and gross margin of 43%. The Famous Footwear segment saw declines while the Brand Portfolio maintained solid performance. Despite challenges, the company remains optimistic with strategic plans for 2025.