- Caleres published an earnings press release reporting fourth-quarter and full-year results.
- Fourth-quarter net sales rose 8.7% to USD 695.1 million, while Brand Portfolio sales increased 20.3% and Famous Footwear sales declined 1.2%.
- Fourth-quarter GAAP net loss was USD 22.73 million and GAAP loss per diluted share was USD 0.70; adjusted loss per diluted share was USD 0.36.
- Full-year net sales increased 1.3% to USD 2.76 billion, while GAAP net loss was USD 6.69 million and adjusted earnings per diluted share were USD 0.61.
- For fiscal 2026, Caleres expects net sales up low to mid-single digits and GAAP EPS of USD 1.31 to USD 1.61, with Jay Schmidt citing tariff mitigation efforts and a plan to bring Stuart Weitzman to breakeven profitability as key drivers.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caleres Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260319693072) on March 19, 2026, and is solely responsible for the information contained therein.
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