Caleres Projects FY2026 EPS of $1.40-$1.65, Far Exceeding Analyst Estimates
Summary
Caleres provided its fiscal year 2026 guidance, projecting adjusted EPS in the range of $1.40 to $1.65 and net sales to increase by low-to-mid-single digits. This full-year EPS outlook is significantly higher than the current LSEG IBES analyst consensus of $0.53. The guidance follows the company's strong Q1 performance, where it reported EPS of $0.42, substantially beating both its own guidance and analyst expectations. This significantly raised full-year earnings forecast indicates a much stronger financial outlook than the market was anticipating, which is a major positive for the stock.
At the time of this announcement, CAL was trading at $14.39 on NYSE in the Trade & Services sector, with a market capitalization of approximately $476.4M. The 52-week trading range was $8.80 to $16.14. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.