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Benzinga
Benzinga
Business
Akanksha Bakshi

Famous Footwear Parent Caleres Warns Of Pain From Tariffs And Weitzman Integration

Caleres Famous Footwear-Photo by Helen89 via Shutterstock

Caleres, Inc. (NYSE:CAL) shares plunged after it reported third-quarter 2025 results, with consolidated sales rising 6.6% year over year to $790.1 million, topping the $759.1 million estimate.

GAAP earnings per diluted share were $0.07, down from $1.19 a year earlier, while adjusted EPS was $0.38, down from $1.23. Adjusted EPS of $0.38 missed estimates (adjusted earnings per diluted share excluding Stuart Weitzman was $0.67).

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