Caleres news and archive

Caleres posts Q3 adjusted EPS growth of 1.3 percent

Caleres, for its third quarter reported consolidated sales of 775.8 million dollars compared to 774.6 million dollars. The company said Famous Footwear same-store-sales were up 2.8 percent but total sales of 448.8 million dollars, down 5.1 percent as one week of back-to-school sales shifted into the second quarter of this year versus the third...

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Caleres acquires Vionic for 360 million dollars

Caleres has announced the acquisition of Vionic Group for 360 million dollars. The company said that this acquisition of Vionic allows Caleres to continue to expand its brand portfolio and gives it additional access to the growing contemporary comfort footwear category. The acquisition of Vionic Group is being funded through the company’s...

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Caleres Q2 adjusted earnings per share increase 22.9 percent

Caleres said its consolidated sales for the second quarter of 706.6 million dollars, were up 4.4 percent. For the six month period, the company reported Consolidated sales of 1,338.8 million dollars, up 2.3 percent. Adjusted second quarter net earnings of 25.6 million dollars were up 24.1 percent, while adjusted diluted net earnings per share of...

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Caleres acquires majority stake in Blowfish Malibu

Caleres has said through a statement that it acquired a controlling interest in Blowfish Malibu, which had trailing 12-month revenue of approximately 27 million dollars. The company added that Blowfish Malibu footwear collection is curated to reflect the fresh, laid-back aesthetic that defines the California lifestyle and honours the spirit of...

Management

Caleres reports 6.3 percent growth in Q1 adjusted net earnings

Caleres , in its results announcement for the first quarter said that consolidated sales were 632.1 million dollars. Famous Footwear total sales of 363.4 million dollars were down 0.8 percent, as were same-store-sales. The company operated 39 fewer doors year-over-year. Brand Portfolio sales of 268.7 million dollars were up 1.4 percent. Adjusted...

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Caleres Q4 adjusted net earnings increase 44.5 percent

Fourth quarter consolidated sales at Caleres of 702.5 million dollars were up 9.8 percent, including Allen Edmonds, while full year consolidated sales including Allen Edmonds were 2,785.6 million dollars, up 8 percent. Adjusted net earnings for the quarter of 20.6 million dollars were up 44.5 percent, while adjusted diluted net earnings per...

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Famous Footwear President Rick Ausick to retire this year

Caleres has announced that Rick Ausick, President of Famous Footwear, will retire in 2018 as part of a planned succession. The company said, Ausick, and his leadership team, have been integral in developing and executing Famous Footwear’s highly successful strategic plan. “The Caleres board of directors and its executive leadership has been...

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Caleres reports 5.8 percent sales growth in Q3

Caleres said consolidated sales for the third quarter of 774.7 million dollars were up 5.8 percent, including Allen Edmonds. “Our strong start to the third quarter in August was interrupted by hurricanes in September and an unseasonably warm start to fall in October. While weather-related events had a negative impact to topline sales of...

Management

Caleres Q2 consolidated sales improve 8.7 percent

Caleres second quarter consolidated sales of 677 million dollars were up 8.7 percent, including Allen Edmonds, while Famous Footwear total sales of 404.9 million dollars were up 3.8 percent and same-store-sales were up 2.8 percent. Brand portfolio sales for the quarter of 272 million dollars were up 16.8 percent including contribution from Allen...

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Caleres names Malcolm Robinson President of men’s division

Caleres has appointed Malcolm Robinson as President of the company’s new men’s and international division. The company said, he will oversee the strategic growth initiatives for the Caleres men’s brands, as well as expand an international footprint across the company’s portfolio. “Malcolm brings over three decades of deep experience in men’s...

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Caleres first quarter sales increase 8 percent

Caleres first quarter consolidated sales of 631.5 million dollars were up 8 percent including 42.5 million dollars of Allen Edmonds sales. Famous Footwear total sales of 366.5 million dollars, increased 0.5 percent, while Famous.com sales were up 25.7 percent to 5.7 percent of sales. The company’s same-store-sales were however down 0.6 percent....

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Caleres announces two new additions to its board of directors

Caleres has elected Wenda Harris Millard and Brenda Freeman to its board of directors. Millard is vice chairman of MediaLink, a strategic advisory firm counseling Fortune 100 clients around the convergence of media, marketing, advertising, entertainment and technology. Freeman is currently the chief marketing officer for MagicLeap, a technology...