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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Caleres's retained earnings for the quarter that ended in Jul. 2026 was $486 Mil.
Caleres's quarterly retained earnings
increased
from Jan. 2026 ($421 Mil) to Apr. 2026 ($430 Mil) and
increased
from Apr. 2026 ($430 Mil) to Jul. 2026 ($486 Mil).
Caleres's annual retained earnings
increased
from Jan. 2024 ($410 Mil) to Jan. 2025 ($442 Mil) but then
declined
from Jan. 2025 ($442 Mil) to Jan. 2026 ($421 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Caleres Retained Earnings Historical Data
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The historical data trend for Caleres's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Caleres (CAL) has a Retained Earnings of $486 Mil as of Jul. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Caleres and its competitors.
Is Caleres' Retained Earnings too high?
Caleres' current Retained Earnings is $486 Mil. Overall, Caleres has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caleres' Retained Earnings compare to SFIX and SHOE?
Caleres' Retained Earnings of $486 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Caleres and its competitors. Caleres's current Retained Earnings is $486 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caleres stock overvalued right now?
Based on GuruFocus' analysis, Caleres (CAL) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.64, compared to a current price of $12.51 — trading 29.1% below its estimated fair value. The current Retained Earnings is $486 Mil. Caleres' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Caleres (CAL), the current Retained Earnings is $486 Mil as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Caleres (CAL) Overvalued in 2026?
Based on GuruFocus' analysis, Caleres stock appears to be undervalued.
The current stock price of $12.51 is trading 29.1% below its estimated GF Value™ of $17.64.
GuruFocus considers Caleres to be Modestly Undervalued.
Key valuation signals for CAL:
Retained Earnings: $486 Mil
GF Value™: $17.64 vs. price of $12.51 (29.1% below fair value)
No single metric tells the full story. See the CAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caleres Inc is a footwear company that operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures, and distributes footwear for people of all ages. The Company's business operations are organized into two reportable segments - Famous Footwear and Brand Portfolio. The Famous Footwear segment is comprised of its Famous Footwear retail stores, famousfootwear.com, and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a cultivated portfolio of known brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear. Geographically, the company generates the majority of its revenue from Domestic operations.
72GF Score
Get the complete analysis for CAL
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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