Caleres Q4 Sales Rise 8.7% to $695.1M, Loss Narrows to $11.7M
Caleres posted Q4 net sales of $695.1 million, up 8.7% year-over-year, and narrowed adjusted net loss to $11.7 million, or $0.36 per share, against guidance for $680–691 million sales and a $0.35–0.43 loss. Brand portfolio sales jumped 20.3% driven by e-commerce, while Stuart Weitzman integration completed with minimal disruption.
1. Q4 Financial Results
Caleres reported net sales of $695.1 million for the fourth quarter, up 8.7% year-over-year, beating guidance of $680.4–691.2 million. Adjusted net loss narrowed to $11.7 million, or $0.36 per share, compared with a projected loss of $0.35–0.43 per share.
2. Segment Performance
Famous Footwear net sales decreased 1.2% with comparable sales up 0.1%, as store remodels delivered improved customer engagement. The brand portfolio division achieved a 20.3% sales increase, excluding Stuart Weitzman up 1.5%, reflecting strong growth trends.
3. Strategic Growth Initiatives
Owned e-commerce and international channels drove margin expansion, with gross margin outperforming expectations. The company completed the Stuart Weitzman integration with minimal disruption, and continued rollout of elevated assortments at Famous Footwear remodels gained market share.
4. Full-Year Fiscal 2025 Results
Caleres closed fiscal 2025 with net sales of $2.8 billion, up 1.3%, including the Stuart Weitzman acquisition. Adjusted net earnings were $20.5 million, or $0.61 per share, versus $114.6 million, or $3.30 per share, in the prior year, and $40.2 million, or $1.19 per share, excluding Stuart Weitzman.