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Caleres, Inc.CALCompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Apparel/Footwear Retail
Momentum neutral 41
Mkt cap
$438M
US dollars, full cap
Free float
95%
of shares outstanding
$/day
$6.06M
20-day average traded
Fwd P/E
6.6×
forward earnings
ROIC−WACC
-1.2 pp
WACC 6.4%
Hurdle
-5 pp
Req g minus delivered
Next earnings
18 days
24 Nov 2026
Close · USD$12.69
1D-5.6%
1W-5.9%
1M+2.1%
3M-12.3%
6M-6.0%
YTD+4.3%
1Y+11.5%
ATR %5.7%
Beta1.84
52w lowhigh15.6% off high

What Caleres does

Employees: 10,000

Caleres at a glance

Size Caleres (CAL) is a United States Consumer Discretionary company (Apparel/Footwear Retail) with a market value of $438M, the 2786th largest of 3,117 United States companies the cockpit tracks. Shares closed at $12.69 on 6 Nov 2026.

Performance Over six months the shares fell 6.0%, against -6.3% for the median peer and -1.1% for the United States market (cap-weighted) — 10th highest of 20 in its peer set.

Growth Revenue grew 7.3% over the last twelve months (peer median +5.6%); the operating margin is 3.5% (peer median 4.7%).

Valuation It trades at 6.6× forward earnings against a peer median of 12.8× (2nd cheapest of 15).

Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -5 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.2 points below its cost of capital (6.4% WACC).

Short interest Short interest is 10.3% of the free float (15 Oct 2026).

Next results Next results expected around 24 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011012011 May 202611 Aug 20266 Nov 2026CAL 105Peer median 94
Six months, rebased to 100: Caleres against the median of its 20 peers (local-currency closes).

Caleres financials

Reported figures in USD; fiscal year ends 2026-01-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$2.85B$2.76B$2.72B$2.82B$2.97B
Revenue growth—+1%-3%-5%—
Gross profit$1.30B$1.17B$1.21B$1.25B$1.27B
EBITDA$166M$93.6M$215M$255M$268M
Net income$49.7M-$6.69M$103M$164M$174M
Free cash flow$64.4M$36.5M$55.4M$156M$70.0M
Capital expenditure$54.4M$67.9M$51.7M$49.6M$64.0M
Total debt$877M$891M$827M$748M$888M

Quarterly statements and history in the cockpit →

Caleres competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-20%0%37090027627606UNILINDEX002356SHOEARVINDFASNGCOABFRLCTRNSMCPDEBSSFIXJILLDBIRVRCSTYLEBAAZAREDTAPECAL6-month return →1-month return →
Up and to the right = strong over both horizons. Caleres is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%10×20×30×37097606UNILINDEXARVINDFASNCTRNSMCPDEBSJILLSTYLEBAAZACALRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Caleres is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%0%25%50%37097606UNILINDEXSHOEARVINDFASNGCOCTRNSFIXDBIRVRCCALGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Caleres is the large dot.

Caleres competitors and peer comparison

How Caleres compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Caleres against its 20 peers (data as of 6 Nov 2026)
MeasureCALPeer medianRank in peer set
1-month return+2.1%-0.9%8th highest of 21
6-month return-6.0%-6.3%10th highest of 20
Distance from 52-week high-15.6%-29.3%6th highest of 21
Revenue growth (TTM)+7.3%+5.6%10th highest of 21
Operating margin3.5%4.7%10th lowest of 20
Forward P/E6.6×12.8×2nd cheapest of 15
Growth the price implies (Req g, 7 yrs)0.4%5.8%6th least demanding of 15
Growth delivered (Del g)+5.4%+6.3%7th lowest of 15
Hurdle (Req g minus delivered)-5.0 pp-8.1 pp6th most demanding of 15
ROIC minus cost of capital-1.2 pp-2.3 pp9th highest of 20
EV / EBITDA7.7×6.9×7th most expensive of 14
Net debt / EBITDA5.0×2.8×6th most indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Caleres CALUnited States$438M-6%+7%4%6.6×0.4%+5.4%
EEKA Fashion 3709.HKHong Kong$442M-20%-4%8%6.8×-19.3%+2.6%
Jinfa Labi Maternity & Baby Articles 002762.SZChina$429M-4%+12%-14%n/an/an/a
United Arrows 7606.TJapan$426M-1%+8%6%10.1×-10.9%+6.2%
Universal Store UNI.AXAustralia$425M+24%+13%17%14.1×4.0%+12.3%
Lindex LINDEX.HEFinland$456M+16%+4%7%12.4×-7.2%+3.8%
Shenzhen Pengfei Green Energy Development 002356.SZChina$458M-29%-23%n/an/an/an/a
Purple Style Labs PERNIASPOP.NSIndia$417Mn/a+14%-14%n/an/an/a
Shoe Station SHOEUnited States$395M-19%-4%3%13.2×8.0%+3.1%
Arvind Fashions ARVINDFASN.NSIndia$486M-25%+13%8%26.8×16.6%+22.5%
Genesco GCOUnited States$390M+3%+3%1%11.6×14.5%+6.4%
Aditya Birla Fashion and Retail ABFRL.NSIndia$503M-42%-27%-8%n/an/an/a
Citi Trends CTRNUnited States$375M-3%+11%1%22.1×49.7%+0.9%
Smcp SMCP.PAFrance$368M-17%-1%9%6.3×-6.7%+6.9%
boohoo DEBS.LUnited Kingdom$526M+46%+120%0%29.6×n/an/a
Stitch Fix SFIXUnited States$346M-23%+6%-2%n/a10.2%-8.5%
J.Jill JILLUnited States$333M+70%-2%8%10.3×-5.4%+6.9%
Designer Brands DBIUnited States$329M-8%-1%3%12.5×2.3%+5.3%
RVRC RVRC.STSweden$596M-1%+5%21%14.4×7.6%+17.6%
Baazar Style Retail STYLEBAAZA.NSIndia$314M-6%+35%5%33.4×n/an/a
Redtape REDTAPE.NSIndia$624M-18%+14%14%n/a10.2%+18.1%

Questions

Which companies are Caleres's closest peers?
The cockpit's peer set: EEKA Fashion (3709.HK), Jinfa Labi Maternity & Baby Articles (002762.SZ), United Arrows (7606.T), Universal Store (UNI.AX), Lindex (LINDEX.HE), Shenzhen Pengfei Green Energy Development (002356.SZ), Purple Style Labs (PERNIASPOP.NS), Shoe Station (SHOE).
Is Caleres expensive compared with its peers?
On forward p/e it trades at 6.6× against a peer median of 12.8×, 2nd cheapest of 15 in its peer set. For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -5 pp: the price already allows for a slowdown.
How has Caleres stock performed?
Over six months to 6 Nov 2026 the shares returned -6.0% against -6.3% for the median peer; over one year +11.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.