Caleres (CAL) in Royce Small-Cap Value Fund Q3 2024

Strengthening Market Position in Footwear

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Apr 14, 2025
Summary
  • Investment rationale: Strong brand portfolio and retail presence.
  • Market positioning: Leading footwear company with a focus on brand strength.
  • Risks and challenges: Retail market volatility and changing consumer preferences.
  • Recent performance: Contributed positively to the fund's return in Q3 2024.
  • Future outlook: Expected to benefit from strategic brand initiatives and market expansion.

Caleres (CAL, Financial) was featured in the Royce Small-Cap Value Fund's Q3 2024 commentary as a notable contributor. The company's strong brand portfolio and retail presence have been instrumental in its success. As a leading footwear company, Caleres continues to focus on brand strength and market expansion.

"Caleres's strategic brand initiatives and robust market presence have made it a valuable asset in our portfolio, contributing positively to our returns this quarter." — Royce Investment Partners, Q3 2024 Fund Letter

Read full letter at gurufocus royce small cap value fund q3 2024 commentary 2024 Q3 page.