NYSE:CAL - New York Stock Exchange, Inc. - US1295001044 - Common Stock - Currency: USD
The past year hasn't been kind to the stocks featured in this article. Each has tumbled to their lowest points in 12 months, leaving investors to decide whether they're witnessing fire sales or falling knives.
Caleres has gotten torched over the last six months - since October 2024, its stock price has dropped 47.5% to $16.64 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Caleres shares rise after reporting Q4 results. Revenues down 8.3%, adjusted EPS beats consensus, Outlook for FY25 and Q1 is lower.
Mentions: TPR
With this acquisition, Caleres’ brand portfolio segment will generate nearly half of the company’s total revenue and over half of its operating profit