Q3 2025 Caleres Inc Earnings Call Transcript
Key Points
- Caleres Inc (CAL) reported organic sales growth, led by its Brand Portfolio and particularly its Lead Brands.
- Both segments of the business posted double-digit owned eCommerce performance with strong customer growth.
- Sam Edelman delivered a very strong quarter with double-digit sales growth both domestically and internationally.
- Allen Edmonds showed strong performance with positive comp store sales and solid eCommerce trends.
- Naturalizer saw sequential revenue improvement with eCommerce in the US and Canada showing double-digit growth.
- Tariffs continued to pressure Caleres Inc (CAL)'s gross margin and earnings.
- Stuart Weitzman, under Tapestry ownership, has been underperforming and is currently dilutive to earnings.
- Famous Footwear's total sales were down 2.2% and comp sales declined 1.2%, in line with expectations.
- The China D2C business experienced sales volatility due to the shift in ownership.
- Global excess inventory, particularly aged inventory, is dilutive to Stuart Weitzman's gross margin.
Greetings. Welcome to Caleres, Inc., third-quarter 2025 earnings call. (Operator Instructions) Please note, this conference is being recorded.
I will now turn the conference over to Liz Dunn, SVP, Corporate Development and Strategic Communications. Thank you, Liz. You may begin.
Thank you. Good morning, and thank you for joining our third-quarter earnings call and webcast. A press release with detailed financial tables as well as our quarterly slide presentation are available at caleres.com.
Please be aware that today's discussion contains forward-looking statements, which are subject to several risks and uncertainties. Actual results may differ materially due to various risk factors, including those disclosed in the company's Form 10-K and other filings with the US Securities and Exchange Commission. Please refer to today's press release and our SEC filings for more information on risk factors and other factors which could impact forward-looking
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
