Caleres stock gains 1.71 percent as earnings outlook holds

Published on 10/07/2026 at 00:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Caleres stock posted USD 12.46 on the NYSE on October 6, 2026, within a USD 8.80 to USD 15.04 52-week range. Second-quarter sales reached USD 695.5 million, while adjusted EPS rose to USD 0.47 from USD 0.35.

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Caleres stock (ISIN US1295001044) gained 1.71 percent to USD 12.46 on the NYSE on October 6, 2026, with 451,442 shares traded. The footwear company is balancing stronger Brand Portfolio demand against weaker Famous Footwear sales and a cautious consumer backdrop.

Second-quarter earnings reset the picture

According to Caleres on September 9, 2026, second-quarter net sales reached USD 695.5 million for the 13 weeks ended August 1, 2026, up 5.6 percent from the prior-year quarter. The comparison is mixed beneath the headline: Brand Portfolio sales increased 23.6 percent, while Famous Footwear sales declined 6.3 percent.

Adjusted diluted EPS rose to USD 0.47 from USD 0.35 in the year-earlier quarter, while GAAP diluted EPS increased to USD 1.71 from USD 0.20. The result included a USD 55.6 million tariff refund recovery, making adjusted EPS the cleaner measure for judging underlying operating progress.

Guidance favors brand growth

Caleres expects third-quarter 2026 GAAP diluted EPS of USD 0.62 to USD 0.70 and full-year GAAP diluted EPS of USD 2.80 to USD 2.95, according to the September 9 release. Full-year adjusted EPS guidance is USD 1.50 to USD 1.65, compared with prior guidance of USD 1.40 to USD 1.65.

The operating split remains important for investors. Caleres expects full-year Brand Portfolio sales to rise by low-double digits, while Famous Footwear sales and comparable sales are expected to decline by low-to-mid-single digits; the company also expects consolidated gross margin to improve by 180 to 220 basis points.

Analyst target stays above the quote

MarketScreener lists an Outperform consensus from two analysts and an average price target of USD 17.00. Against the USD 12.46 NYSE price on October 6, 2026, that target lies 36.44 percent above the price.

The main counter-factor is Famous Footwear. Its second-quarter comparable sales fell 5.9 percent, and its gross margin declined 100 basis points, offsetting part of the Brand Portfolio recovery and leaving execution at the retail segment central to the outlook.

Caleres stock trades below yearly high

Caleres stock was last at USD 12.46 on the NYSE on October 6, 2026, after reaching USD 12.54 intraday and opening at USD 12.35. Its 52-week range is USD 8.80 to USD 15.04, while its market capitalization is USD 418.5 million.