Caleres Raises FY26 Adjusted EPS Guidance to $1.35–$1.65, Shares Jump 9.7%
Caleres swung to a smaller-than-expected adjusted loss of $0.06 in Q4 on $695.1 million revenue and topped analyst revenue forecasts. The company projected FY26 adjusted EPS of $1.35–$1.65 on low- to mid-single-digit sales growth, driving shares up about 9.7% in premarket trading.
1. Q4 Earnings Performance
Caleres reported a GAAP loss of $0.70 per share and an adjusted loss of $0.06 per share in its fiscal fourth quarter, while revenue reached $695.1 million, surpassing consensus estimates of $685.4 million.
2. FY26 and Q1 Guidance
For Q1, Caleres expects EPS of $0.21–$0.26 and adjusted EPS of $0.25–$0.30 on mid- to high-single-digit net sales growth. Looking to fiscal 2026, the company forecasts EPS of $1.31–$1.61 and adjusted EPS of $1.35–$1.65 on low- to mid-single-digit sales growth.
3. Stock Market Reaction
In premarket trading, shares rose approximately 9.7% to $9.67 following the release of better-than-expected results and the stronger full-year outlook.