US’ Caleres sets sights on FY25 value creation through brand expansion
Caleres has reported net sales of $2.72 billion in FY24, down 3.4 per cent YoY, with Q4 sales falling 8.3 per cent YoY. FY25 guidance includes flat to ±1 per cent sales growth, EPS of $2.80–$3.20, and 75 per cent of Brand Portfolio sourcing outside China by the second half. The Stuart Weitzman acquisition is expected by summer 2025, as the company adopts a cautious outlook.
Caleres has reported net sales of $2.72 billion in FY24, down 3.4 per cent YoY, with Q4 sales falling 8.3 per cent YoY.
FY25 guidance includes flat to ±1 per cent sales growth, EPS of $2.80–$3.20, and 75 per cent of Brand Portfolio sourcing outside China by the second half.
The Stuart Weitzman acquisition is expected by summer 2025, as the company adopts a cautious outlook.
