Caleres Reports $695M Q4 Sales, 74% DTC Mix and 2026 Breakeven Plan
Caleres delivered Q4 2025 net sales of $695.06 million as direct-to-consumer channels made up 74% of revenue and Famous Footwear’s e-commerce rose double digits. Tariff mitigation lifted gross margin, and Stuart Weitzman integration targets breakeven in 2026 alongside FY26 guidance for $1.35–$1.65 EPS and low single-digit sales growth.
1. Q4 2025 Financial Highlights
Caleres reported Q4 2025 net sales of $695.06 million, exceeding expectations as direct-to-consumer channels represented 74% of revenue and Famous Footwear’s e-commerce sales climbed double digits for the third consecutive quarter.
2. Margin Improvement and Brand Portfolio Recovery
Gross margin benefited from milder-than-projected tariff headwinds and ongoing recovery in Brand Portfolio names such as Vionic, Birkenstock and Crocs, supporting flat margin expectations at Famous Footwear for 2026.
3. Stuart Weitzman Integration and FY26 Outlook
Caleres aims to bring Stuart Weitzman to breakeven in 2026 through systems integration and cost-saving measures, while FY26 guidance calls for $1.35–$1.65 adjusted EPS and low-to-mid single-digit net sales growth.