Mar. 19 at 11:07 AM
$CAL Caleres sees FY26 adjusted EPS
$1.35-
$1.65, consensus
$1.51
The company said, "For fiscal 2026, we expect total sales to increase low to mid-single digits versus fiscal 2025. Famous Footwear sales are expected to be down low single digits to flat, with comparable sales of down 1% to up 1%. Brand Portfolio sales are anticipated to increase low double digits, with low to mid-single-digit organic growth. Gross margin is expected to improve 140 to 180 basis points as tariff mitigation actions take hold and mix improves. We expect interest expense of approximately
$18 million, a full-year tax rate of 28% to 30%, and capital expenditures of
$55 to
$60 million. We expect GAAP earnings per diluted share of
$1.31 to
$1.61 and adjusted earnings per diluted share of
$1.35 to
$1.65, as we expect to incur approximately
$2 million in remaining Stuart Weitzman acquisition and integration expenses."
