$CAL

CALERES INC

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148-year-old mall retailer behind Famous Footwear closes 18 stores as shoppers change what they buy

Caleres reported a 6.3% sales decline at Famous Footwear in Q2, with comparable sales down 5.9%. The company closed 18 stores, citing lower traffic and changing consumer preferences. Meanwhile, its Brand Portfolio segment saw a 23.6% sales increase, driven by the Stuart Weitzman acquisition. Caleres expects Famous Footwear sales to continue declining, while Brand Portfolio is projected to grow.

Caleres (CAL) Stock Lags Behind Its Brand Portfolio’s Surge

Caleres (CAL) reported Q2 2026 results with net sales up 5.6% YoY to $695.5M, but organic sales excluding Stuart Weitzman declined 0.8%. Brand Portfolio sales grew 8.2% with margin expansion, while Famous Footwear sales fell 6.3%. Adjusted EPS rose to $0.47. The company raised full-year EPS guidance to $1.50-$1.65. Management highlights strategic shift to premium brands and higher-margin channels.

Caleres (CAL) Stock Lags Behind Its Brand Portfolio’s Surge

Caleres (CAL) reported Q2 net sales of $695.5M, up 5.6%, and adjusted EPS of $0.47, up from $0.35. Its brand portfolio, including Sam Edelman and Stuart Weitzman, saw sales rise 23.6%, while Famous Footwear sales fell 6.3%. The company raised its full-year guidance but cited inventory and tariff uncertainties.

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148-year-old mall retailer behind Famous Footwear closes 18 stores as shoppers change what they buy

Caleres reported a 6.3% sales decline at Famous Footwear in Q2, with comparable sales down 5.9%. The company closed 18 stores, citing lower traffic and changing consumer preferences. Meanwhile, its Brand Portfolio segment saw a 23.6% sales increase, driven by the Stuart Weitzman acquisition. Caleres expects Famous Footwear sales to continue declining, while Brand Portfolio is projected to grow.

$CALHighAI 8/10

Caleres (CAL) Stock Lags Behind Its Brand Portfolio’s Surge

Caleres (CAL) reported Q2 2026 results with net sales up 5.6% YoY to $695.5M, but organic sales excluding Stuart Weitzman declined 0.8%. Brand Portfolio sales grew 8.2% with margin expansion, while Famous Footwear sales fell 6.3%. Adjusted EPS rose to $0.47. The company raised full-year EPS guidance to $1.50-$1.65. Management highlights strategic shift to premium brands and higher-margin channels.

$CALHighAI 8/10

Caleres (CAL) Stock Lags Behind Its Brand Portfolio’s Surge

Caleres (CAL) reported Q2 net sales of $695.5M, up 5.6%, and adjusted EPS of $0.47, up from $0.35. Its brand portfolio, including Sam Edelman and Stuart Weitzman, saw sales rise 23.6%, while Famous Footwear sales fell 6.3%. The company raised its full-year guidance but cited inventory and tariff uncertainties.

$CALMed

Famous Footwear Sees Sales Gains From Jordan, Birkenstock, Brooks and More as Lifestyle Athletic Shoes Disappoint

Famous Footwear, owned by Caleres, reported a 6.3% net sales decline in Q2 2026, with comparable sales down 5.9%. CEO Jay Schmidt attributed this to weaker demand for lifestyle athletic shoes and a late back-to-school start. However, fashion footwear brands like Jordan, Birkenstock, and Brooks performed well, with fashion comps outperforming athletic by over 10 points. The company plans to expand fashion assortment and increase inventory investment to support demand, aiming for sales improvement

$CALMedAI 8/10

Caleres Q2 Earnings Call Highlights

Caleres (CAL) reported Q2 sales growth across its brands, with Sam Edelman up mid-teens, Allen Edmonds low teens, and Naturalizer high single digits. Vionic saw sales decline but earnings increased. Stuart Weitzman integration is progressing. Famous Footwear faced athletic category pressure, with sales down 6.3%. Caleres updated guidance, raising the lower end of its full-year adjusted EPS outlook to $1.50-$1.65.

$CALHighAI 8/10

Caleres Reports Second Quarter 2026 Results

Caleres (CAL) reported Q2 2026 net sales of $695.5M, up 5.6% YoY. Brand Portfolio sales rose 23.6%, while Famous Footwear sales fell 6.3%. GAAP EPS was $1.71, exceeding guidance. The company expects low-single-digit sales growth in Q3 and FY 2026, with improved gross margins.

$CALHigh

Caleres Reports Second Quarter 2026 Results

CALERES INC (CAL) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 September 9, 2026 ​ Caleres Reports Second Quarter 2026 Results Second quarter adjusted EPS exceeds expectations; Brand Portfolio delivers strong organic growth and margin expansion. ​ ● Reported second quarter net sales of $695.5 million, up 5.6%. o Brand Portfolio

Figs, Funko, Caleres, Nike, and Genesco Stocks Trade Down, What You Need To Know

Shares of athletic and apparel companies fell after Dick's Sporting Goods reported weaker earnings and reduced its full-year profit outlook, citing rising inventory and promotional discounting. Figs (FIGS), Funko (FNKO), Caleres (CAL), Nike (NKE), and Genesco (GCO) were among the affected stocks, with declines ranging from 2.6% to 3.8%. Figs reported strong Q2 2026 results, with revenue up 28.8% and adjusted EPS beating estimates.

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