Caleres, Inc. (NYSE: CAL) Q1 2025 Earnings Call | Sales Decline, EPS Miss & Cost Cuts | 5/29/2025

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Caleres, Inc. (NYSE: CAL) reported disappointing Q1 2025 results on May 29, 2025, with revenue falling 6.8% year-over-year to $614.2 million and adjusted earnings per share (EPS) dropping to $0.22—well below analyst expectations of $0.37. Gross margin contracted 150 basis points to 45.4%, and operating earnings fell to $12.2 million, reflecting ongoing pressure from weaker consumer demand, higher inventory reserves, and increased costs tied to sourcing disruptions and tariffs. Both the Brand Portfolio and Famous Footwear segments posted sales declines, with Brand Portfolio down 6.9% and Famous Footwear down 6.3% (comparable sales -4.6%). Management suspended full-year guidance due to persistent tariff uncertainties and a volatile retail environment, and the stock dropped nearly 18% following the announcement. Despite these headwinds, Caleres maintained its market share in women’s fashion footwear and saw growth in the Sam Edelman brand, particularly in international markets. The company is targeting $15 million in annual SG&A savings through structural expense cuts and remains focused on optimizing sourcing and inventory management to navigate the challenging landscape. About Inside Ticker: For more expert analysis and real-time updates on Caleres, Inc. (NYSE: CAL) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #Caleres #CAL #EarningsCall #Q12025 #Footwear #RetailStocks #FamousFootwear #StockMarket #Investing #InsideTicker