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CALERES INC

12.58

-0.5500-4.19%

Pre-market: 12.59-0.0100-0.08%07:46 EDT

Volume:1.87M

Turnover:23.79M

Market Cap:425.16M

PE:5.18

High:13.26

Open:13.26

Low:12.58

Close:13.13

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Overview Company News Filings

Caleres 2025 Outlook: Expects Down 1% to Up 1% Sales, GAAP EPS Of $2.80–$3.20 Vs. 3.99 Est.; For Q1 Sales Are Seen Down 5%–6% With EPS Of $0.35–$0.40 Vs. $0.88 Est.

Caleres Q4 2024 Adj EPS $0.33 Beats $0.24 Estimate, Sales $639.23M Miss $653.86M Estimate

BRIEF-Caleres Q4 EPS USD 0.15

Caleres Q4 EPS USD 0.15

THOMSON REUTERS

Caleres Inc: Outlook FY25 Net Sales Down 1% to up 1%

THOMSON REUTERS

Caleres Reports Fourth Quarter & Full Year Results and Provides 2025 Outlook

Caleres (NYSE:CAL) Has Announced A Dividend Of $0.07

Simply Wall St.

Calendar of U.S. Earnings Expected in the Week Ahead

Caleres Keeps Quarterly Dividend at $0.07 per Share, Payable April 11 to Shareholders of Record on March 27

MT Newswires Live

Press Release: Caleres Declares Regular Quarterly Dividend

Calendar of U.S. Earnings Expected in the Week Ahead

Mother, doctor, ex-inmates: Meet some unsung heroes in CNA series Extraordinary People

Press Release: Caleres to Announce Fourth Quarter 2024 Results on March 20

Capri may sell struggling Versace to Prada. That's boosting Capri's stock.

3 Reasons to Sell CAL and 1 Stock to Buy Instead

Are Options Traders Betting on a Big Move in Caleres (CAL) Stock?

The Trader: Tapestry Stock Looks Strong After Shoe Sale. Coach Bags Are Still Popular. -- Barron's

Tapestry Stock Looks Strong After Shoe Sale. Coach Bags Are Still Popular. -- Barrons.com

PRESS DIGEST - Wall Street Journal - Feb 20

Tapestry's Stuart Weitzman Sale Didn't Come as a Big Surprise -- Market Talk

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Expects fiscal 2025 consolidated net sales to be down 1% to up 1% compared to fiscal 2024;Expects fiscal 2025 earnings per diluted share of $2.80 to $3.20;ST. LOUIS, March 20, 2025----Caleres , a market-leading portfolio of consumer-driven footwear brands, today reported its financial results for the fourth quarter and","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/caleres-reports-fourth-quarter-full-104500577.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","UA","IE00B19Z4B17.USD","BK4202","IE00B7SZL793.SGD","CAL","BK4094","IE00B66KJ199.SGD","IE0031619046.USD"],"gpt_icon":0},{"id":"2520931437","title":"Caleres (NYSE:CAL) Has Announced A Dividend Of $0.07","url":"https://stock-news.laohu8.com/highlight/detail?id=2520931437","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520931437?lang=en_us&edition=fundamental","pubTime":"2025-03-20 18:21","pubTimestamp":1742466094,"startTime":"0","endTime":"0","summary":"Caleres, Inc.  will pay a dividend of $0.07 on the 11th of April. This means the dividend yield will be fairly typical at 1.7%.While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Caleres' stock price has reduced by 30% in the last 3 months, which is not ideal for investors and can explain a sharp increase in the dividend yield.Unless the payments are sustainable, the dividend yield doesn't mean too much. However, prior to this announcement, Caleres' dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into the business.The company's investors will be pleased to have been receiving dividend income for some time. We are encouraged to see that Caleres has grown earnings per share at 54% per year over the past five years. A low payout ratio gives the company a lot of flexib","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/caleres-nyse-cal-announced-dividend-102134993.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4094","IE00B66KJ199.SGD","NYSE","IE00B7SZL793.SGD","CAL","IE00B19Z4B17.USD","IE0031619046.USD"],"gpt_icon":0},{"id":"2520889517","title":"Calendar of U.S. Earnings Expected in the Week Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2520889517","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520889517?lang=en_us&edition=fundamental","pubTime":"2025-03-17 18:00","pubTimestamp":1742205600,"startTime":"0","endTime":"0","summary":"Major companies tentatively scheduled to report quarterly earnings in the week ahead, with earnings estimates provided by FactSet Research Systems Inc.·Bitcoin Depot Inc.                               4Q       .02   8:05 AM. ·IHS Hldg Ltd.                                    4Q       .01   6:00 AM","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BCAB","NOA","ANRO","OPTN","SCPH","KLC","AEVA","INO","LAR","ASO","MSIF","LQDA","CELC","BTM","LXEO","SIG","STNE","IMTX","GLUE","SGMO","KOPN","DERM","CMC","RBOT","CBUS","FIVE","RANI","STTK","LVTX","BLTE","DRI","LPRO","NRXP","OSS","RWAY","FLUX","LEN.B","ABSI","OABI","SAIC","CAL","DMAC","SPRY","HYPR","CNTX","PHUN","AUTL","PL"],"gpt_icon":1},{"id":"2519324330","title":"Caleres Keeps Quarterly Dividend at $0.07 per Share, Payable April 11 to Shareholders of Record on March 27","url":"https://stock-news.laohu8.com/highlight/detail?id=2519324330","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519324330?lang=en_us&edition=fundamental","pubTime":"2025-03-15 04:51","pubTimestamp":1741985461,"startTime":"0","endTime":"0","summary":"Caleres Keeps Quarterly Dividend at $0.07 per Share, Payable April 11 to Shareholders of Record on March 27","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CAL"],"gpt_icon":0},{"id":"2519868337","title":"Press Release: Caleres Declares Regular Quarterly Dividend","url":"https://stock-news.laohu8.com/highlight/detail?id=2519868337","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519868337?lang=en_us&edition=fundamental","pubTime":"2025-03-15 04:30","pubTimestamp":1741984200,"startTime":"0","endTime":"0","summary":"Caleres , a market-leading portfolio of consumer-driven footwear brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on April 11, 2025, to shareholders of record as of March 27, 2025.The company has paid a consecutive quarterly dividend for more than 100 years.Caleres is a market-leading portfolio of global footwear brands that includes Famous Footwear, Allen Edmonds, Sam Edelman, Naturalizer, Vionic, and more. Our products are available virtually everywhere - in the nearly 1,000 retail stores we operate, in hundreds of major department and specialty stores, on our 15 branded e-commerce sites, and on many additional third-party retail platforms. Combined, these brands make Caleres a company with both a legacy and a mission. Our legacy is our nearly 150 years of craftsmanship and our passion for fit, while our mission is to continue to inspire people to feel great... feet first. Visit caleres.com to learn more ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CAL","IE0031619046.USD","IE00B19Z4B17.USD","IE00B7SZL793.SGD","IE00B66KJ199.SGD","BK4094"],"gpt_icon":0},{"id":"2519876572","title":"Calendar of U.S. Earnings Expected in the Week Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2519876572","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519876572?lang=en_us&edition=fundamental","pubTime":"2025-03-14 18:00","pubTimestamp":1741946400,"startTime":"0","endTime":"0","summary":"Major companies tentatively scheduled to report quarterly earnings in the week ahead, with earnings estimates provided by FactSet Research Systems Inc.·Bitcoin Depot Inc.                               4Q       .02   8:05 AM. ·IHS Hldg Ltd.                                    4Q       .01   6:00 AM","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OSS","KOPN","AEVA","RLYB","ERAS","STNE","LXEO","DRI","CNTX","TYRA","ACN","NRXP","CAPR","NKTX","CAL","PRSO","HTHT","RANI","MBRX","PL","HROW","LE","LPRO","AUTL","LQDA","INKT","ABSI","IDN","SPRY","LAR","ANRO","INSE","GIS","TME","FDX","AMPX","MGNX","GANX","DTIL","IFRX","JILL","LVTX","DTI","MRC","GOGO","HYPR","FDS"],"gpt_icon":1},{"id":"2517846418","title":"Mother, doctor, ex-inmates: Meet some unsung heroes in CNA series Extraordinary People","url":"https://stock-news.laohu8.com/highlight/detail?id=2517846418","media":"CNA","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517846418?lang=en_us&edition=fundamental","pubTime":"2025-03-08 06:00","pubTimestamp":1741384800,"startTime":"0","endTime":"0","summary":"Get to know the changemakers supporting underserved communities and what motivates them to go the extra mile — from decluttering for the elderly to bringing joy to children with special needs — in the return of an iconic series.","market":"nz","thumbnail":"https://dam.mediacorp.sg/image/upload/s--ao8rl2_N--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2025/03/08/vlcsnap-2025-03-07-12h47m09s729.jpg?itok=blK-Qzxj","type":0,"news_type":0,"thumbnails":["https://dam.mediacorp.sg/image/upload/s--ao8rl2_N--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1/f_auto,q_auto/v1/mediacorp/cna/image/2025/03/08/vlcsnap-2025-03-07-12h47m09s729.jpg?itok=blK-Qzxj"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/cna-insider/extraordinary-people-series-mother-doctor-ex-inmates-unsung-heroes-4985146","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["IE0031619046.USD","IE00B7SZL793.SGD","BK4094","5GC.SI","IE00B66KJ199.SGD","CAL","BK4107","IE00B19Z4B17.USD","CNA"],"gpt_icon":0},{"id":"2516666044","title":"Press Release: Caleres to Announce Fourth Quarter 2024 Results on March 20","url":"https://stock-news.laohu8.com/highlight/detail?id=2516666044","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516666044?lang=en_us&edition=fundamental","pubTime":"2025-03-04 05:31","pubTimestamp":1741037460,"startTime":"0","endTime":"0","summary":"Caleres , a market-leading portfolio of consumer-driven footwear brands, will release its fourth quarter and year-end 2024 financial results before market open on Thursday, March 20, 2025. Following the announcement, company executives will host a conference call at 10 a.m. Eastern Time to discuss the results and provide a general business update. The earnings release was originally scheduled for March 19. However, the company has rescheduled to accommodate leadership participation in Nordstrom's Partners in Excellence Award event.Investors, Caleres associates, media, and the public are invited to join the call. Participants in North America can dial  704-4453, while international callers may use  389-0920; no passcode is required. To participate, please dial in a few minutes before the scheduled start time. The live webcast will also be accessible through Caleres' Investors page.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4094","CAL","IE00B7SZL793.SGD","IE00B19Z4B17.USD","IE0031619046.USD","IE00B66KJ199.SGD"],"gpt_icon":0},{"id":"2516563994","title":"Capri may sell struggling Versace to Prada. That's boosting Capri's stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=2516563994","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516563994?lang=en_us&edition=fundamental","pubTime":"2025-03-03 21:57","pubTimestamp":1741010220,"startTime":"0","endTime":"0","summary":"Deal would return Versace to Italian ownership after it was acquired by Michael Kors in 2018. Capri Holdings Ltd.'s stock soared 7.8% early Monday, after a report that the company is close to selling its Versace brand to Italian fashion company Prada SpA in a deal valued at 1.5 billion euros.The Italian family-owned Prada  has agreed to that price, Bloomberg reported, citing people familiar with the matter. Versace was founded by the late Gianni Versace in 1878 and is currently run by his sister Donatella.Capri , which is also home to the Michael Kors and Jimmy Choo brands, has been struggling to boost sales amid weak demand for Michael Kors bags and accessories. In February, the company predicted a shortfall next fiscal year with a rebound to follow.A planned $8.5 billion takeover by Tapestry Inc. , parent to Coach and Kate Spade, fell through in November, after a federal judge blocked the deal on the grounds it would hurt competition in the luxury-handbag industry.Tapestry said last ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1577","CAL","LU0070302665.USD","IE00B19Z4B17.USD","BK1227","IE0031619046.USD","BK4202","LU0208291251.USD","LU0310800965.SGD","BK4588","LU0181495838.USD","TPR","LU0052756011.USD","BK4094","01913","CPRI","BK4585","BK4516","BK1502","LU0320765489.SGD","LU0326950275.SGD","IE00B7SZL793.SGD","BK1545","LU0128525689.USD","PRDSY","BK1602","LU1267930227.SGD","IE00B66KJ199.SGD"],"gpt_icon":0},{"id":"2514325527","title":"3 Reasons to Sell CAL and 1 Stock to Buy Instead","url":"https://stock-news.laohu8.com/highlight/detail?id=2514325527","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514325527?lang=en_us&edition=fundamental","pubTime":"2025-02-28 17:05","pubTimestamp":1740733538,"startTime":"0","endTime":"0","summary":"Shareholders of Caleres would probably like to forget the past six months even happened. The stock dropped 59.8% and now trades at $16.98. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.Is there a buying opportunity in Caleres, or does it present a risk to your portfolio?Get the full stock story straight from our expert analysts, it’s free.Even though the stock has become cheaper, we're swiping left on Caleres for now. Here are three reasons why you should be careful with CAL and a stock we'd rather own.The owner of Dr. Scholl's, Caleres  is a footwear company offering a range of styles.Take advantage of the rebound by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175%","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/3-reasons-sell-cal-1-090538785.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE00B19Z4B17.USD","IE00B66KJ199.SGD","BK4094","IE00B7SZL793.SGD","CAL","IE0031619046.USD"],"gpt_icon":0},{"id":"2514704374","title":"Are Options Traders Betting on a Big Move in Caleres (CAL) Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2514704374","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514704374?lang=en_us&edition=fundamental","pubTime":"2025-02-26 02:00","pubTimestamp":1740506400,"startTime":"0","endTime":"0","summary":"Investors in Caleres, Inc. CAL need to pay close attention to the stock based on moves in the options market lately. That is because the Oct. 17, 2025 $42.5 Call had some of the highest implied volatility of all equity options today.Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.Clearly, options traders are pricing in a big move for Caleres shares, but what is the fundamental picture for the company?","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/options-traders-betting-big-move-180000823.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4094","IE00B19Z4B17.USD","IE00B7SZL793.SGD","IE0031619046.USD","CAL","IE00B66KJ199.SGD"],"gpt_icon":0},{"id":"2513240283","title":"The Trader: Tapestry Stock Looks Strong After Shoe Sale. Coach Bags Are Still Popular. -- Barron's","url":"https://stock-news.laohu8.com/highlight/detail?id=2513240283","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513240283?lang=en_us&edition=fundamental","pubTime":"2025-02-22 10:30","pubTimestamp":1740191400,"startTime":"0","endTime":"0","summary":"In the world of luxury bags, it isn't often that a star quarterback is a trendsetter. Yet when Philadelphia Eagles MVP Jalen Hurts' Super Bowl Sunday kit included a Coach Empire bag, it was the latest triumph for the brand. Its owner, Tapestry, is thriving too.Last April, the Federal Trade Commission sued to block Tapestry's purchase of Michael Kors owner Capri Holdings, with the deal ultimately falling apart six months later. At the time, Barron's argued that Tapestry would be just fine without the deal, while Capri shares could fall out of fashion. Since then, Tapestry stock has more than doubled, while Capri is down 25%.On Wednesday the company said Caleres -- owner of Famous Footwear and Naturalizer -- would buy Stuart Weitzman for $105 million in an all-cash deal set to close this summer. Tapestry CEO Joanne Crevoiserat said the move would allow Tapestry to \"maintain a sharp focus on our largest value-creation opportunities.\" The news comes less than two weeks after Tapestry's bea","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1267930227.SGD","BK4588","CAL","TPR","IE0031619046.USD","LU0052756011.USD","LU0208291251.USD","IE00B66KJ199.SGD","IE00B19Z4B17.USD","BK4211","LU0320765489.SGD","LU0128525689.USD","BK4516","IE00B7SZL793.SGD","BK4585","BK4202","LU0070302665.USD","BK4094","LU0310800965.SGD","BPOP","CPRI"],"gpt_icon":0},{"id":"2513231771","title":"Tapestry Stock Looks Strong After Shoe Sale. Coach Bags Are Still Popular. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2513231771","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513231771?lang=en_us&edition=fundamental","pubTime":"2025-02-21 14:30","pubTimestamp":1740119400,"startTime":"0","endTime":"0","summary":"In the world of luxury bags, it isn't often that a star quarterback is a trendsetter. Yet when Philadelphia Eagles MVP Jalen Hurts' Super Bowl Sunday kit included a Coach Empire bag, it was the latest triumph for the brand. Its owner, Tapestry, is thriving too.Last April, the Federal Trade Commission sued to block  Tapestry's purchase of Michael Kors owner Capri Holdings, with the deal ultimately falling apart six months later. At the time, Barron's argued that Tapestry would be just fine without the deal, while Capri shares could fall out of fashion. Since then, Tapestry stock has more than doubled, while Capri is down 25%.On Wednesday the company said Caleres -- owner of Famous Footwear and Naturalizer -- would buy Stuart Weitzman for $105 million in an all-cash deal set to close this summer. Tapestry CEO Joanne Crevoiserat said the move would allow Tapestry to \"maintain a sharp focus on our largest value-creation opportunities.\" The news comes less than two weeks after Tapestry's be","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0070302665.USD","BK4211","BK4202","BK4588","TPR","CAL","BPOP","BK4516","IE00B19Z4B17.USD","LU0052756011.USD","IE0031619046.USD","LU0320765489.SGD","LU0310800965.SGD","LU1267930227.SGD","LU0208291251.USD","BK4585","IE00B7SZL793.SGD","BK4094","LU0128525689.USD","CPRI","IE00B66KJ199.SGD"],"gpt_icon":0},{"id":"2512932654","title":"PRESS DIGEST - Wall Street Journal - Feb 20","url":"https://stock-news.laohu8.com/highlight/detail?id=2512932654","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512932654?lang=en_us&edition=fundamental","pubTime":"2025-02-20 14:00","pubTimestamp":1740031222,"startTime":"0","endTime":"0","summary":"PRESS DIGEST - Wall Street Journal - Feb 20Feb 20 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250220:nL3N3PB0EV:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2750360641.GBP","LU0149725797.USD","IE00B1BXHZ80.USD","LU0265550946.USD","IE00BN8TJ469.HKD","RIO.UK","CAL","TPR","LU1244550577.SGD","LU0127658192.USD","LU1674673691.USD","IE0034235303.USD","IPG","RUM","BK4592","DJT","RIO.AU","TRUMP.USD.CC","LU1691799644.USD","SGXZ51526630.SGD","LU0456854461.SGD","LU0477156797.USD","IE0034235071.USD","NKLA","IE00BFXG0V08.USD","LU0553294199.USD","LU0234572021.USD","LU1334329650.SGD","IE00B19Z8W00.USD","LU1712237335.SGD","BK4149","GLEN.UK","LU1935042488.USD","NKLAQ","LU1670710588.SGD","LU0964807845.USD","LU2237443895.HKD","LU0820561818.USD","LU0757359368.USD","LU1670711123.USD","LU1116320901.HKD","LU1582986433.USD","SGXZ23171101.USD","LU1153585028.USD","LU0724617625.USD","X","BK4588","IE00B775H168.HKD","MSFT","LU2023250504.SGD","LU0170899867.USD"],"gpt_icon":1},{"id":"2512453436","title":"Tapestry's Stuart Weitzman Sale Didn't Come as a Big Surprise -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2512453436","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512453436?lang=en_us&edition=fundamental","pubTime":"2025-02-20 03:31","pubTimestamp":1739993460,"startTime":"0","endTime":"0","summary":"1431 ET - Tapestry's sale of its high-end Stuart Weitzman shoe business to Caleres is no surprise on Wall Street. The market had been speculating about a deal since Tapestry and Capri Holdings--owner of Versace, Jimmy Choo and Michael Kors--ended their merger plan in November. In November, Raymond James analysts said that Tapestry could be considering the sale of Stuart Weitzman, noting that it only represented 4% of its revenue due to its lagging performance and the lack of synergy to its overall portfolio. Tapestry shares barely moved after the news of the sale and are up 0.3% to $89.28. Caleres trades 4.6% higher at $17.25. 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