Caleres trades at a forward P/E of 5.5x with three earnings beats in the last four quarters, but negative cash conversion, high short interest and weak momentum keep quality below the engine's floor.
Thesis pillars
- Earnings Beat Record↓Deteriorating
- Poor Cash Conversion→Stable
- Deep Value Multiple→Stable
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Oct 11, 2026, based on the 10-K filed Apr 2, 2026
Caleres, Inc. (CAL) Stock Analysis
Breakout setup · Inst Constrain edge
Consumer Cyclical · Apparel Retail
Sell if holding. Engine safety override at $12.95: Quality below floor (3.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10. Specifically: High short interest: 12%; Below-average business quality.
Caleres, Inc. is a global footwear company operating retail stores and e-commerce through two segments — Famous Footwear (821 stores) and Brand Portfolio, which designs and distributes owned and licensed brands including Sam Edelman, Naturalizer, Allen Edmonds, and the newly... Read more
Sell if holding. Engine safety override at $12.95: Quality below floor (3.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10. Specifically: High short interest: 12%; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Score 5.5/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 46d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-10-24Recent Developments — Caleres, Inc.
Latest news
- NEWS On Holding, Viking Therapeutics, Shopify And Other Big Stocks Moving Higher On Tuesday — benzinga Sep 22, 2026 positive
- NEWS Transcript: Caleres Q2 2026 Earnings Conference Call — benzinga Sep 10, 2026 positive
- NEWS Caleres Raises Outlook As CEO Says Its Fashion Brands Are ‘Resonating With Consumers’ — benzinga Sep 9, 2026 positive
- NEWS Caleres Posts Upbeat Q2 Earnings, Joins Opus Genetics, Flotek Industries And Other Big Stocks Moving Higher On Wednesday — benzinga Sep 9, 2026 positive
- NEWS 12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session — benzinga Sep 9, 2026 neutral
Generated 2026-10-24T11:52:20Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWSupplierNike, Skechers, and adidas24%10-K Item 1A: 'Products purchased from three key third-party suppliers (Nike, Skechers and adidas) represented approximately 24% of consolidated net sales in 2025.'
- LOWSupplierChina (sourcing)20%10-K Item 1A: 'Approximately 20% of the footwear we sourced in 2025 was from China.'
Material Events(8-K, last 90d)
- 2026-05-20Item 5.02LOWDaniel L. Karpel, interim CFO since January 21, 2026, was appointed permanent Chief Financial Officer effective May 20, 2026, and will serve as principal financial and accounting officer. Compensation includes a $550,000 base salary and 65% target bonus.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $12.95: Quality below floor (3.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10. Specifically: High short interest: 12%; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Prior stop was $12.04. Score 5.5/10, moderate confidence.
Analyst target: $14.45 (+11.6% upside). Prior stop was $12.04. Stop-loss: $12.04.
Quality below floor (3.1 < 4.0).
Caleres, Inc. trades at a P/E of 8.5 (forward 5.9). TrendMatrix value score: 9.3/10. Verdict: Sell.
6 analysts cover CAL with a consensus score of 3.8/5. Average price target: $17.
What does Caleres, Inc. do?Caleres, Inc. is a global footwear company operating retail stores and e-commerce through two segments — Famous...
Caleres, Inc. is a global footwear company operating retail stores and e-commerce through two segments — Famous Footwear (821 stores) and Brand Portfolio, which designs and distributes owned and licensed brands including Sam Edelman, Naturalizer, Allen Edmonds, and the newly acquired Stuart Weitzman. Women's footwear made up 61% of 2025 net sales, and the company's top three branded suppliers — Nike, Skechers, and adidas — accounted for approximately 24% of consolidated net sales.