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Stock impact report

Caleres Q3 profit plunges on margin pressure [Yahoo! Finance]

Caleres, Inc. (CAL) 
Last caleres, inc. earnings: 3/12 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.caleres.com
Company Research Source: Yahoo! Finance
For the 13 weeks ended 1 November 2025, the footwear brand delivered net sales of $790.1m, an increase of 6.6% from $740.9m in the same period a year ago. The growth was driven by 18.8% growth in the Brand Portfolio segment, which offset a decline at Famous Footwear. Direct-to-consumer sales accounted for roughly 71% of total net sales in the reported quarter. Caleres president and CEO Jay Schmidt said: “Caleres delivered third quarter sales results that were ahead of our internal expectations, highlighted by organic sales growth in our Brand Portfolio segment, strong Lead Brands performance, sequential improvement in trends at Famous Footwear, and accelerated eCommerce momentum in both segments of our business.” In the third quarter, the company's gross profit increased to $329.9m, from $326.9m in the prior year quarter, but gross margin fell 230 basis points (bps) to 41.8%. Gross margin for Famous Footwear and Brand Portfolio segments dropped 130bps and 350bps, respective Show less Read more
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