Added to YB: 2025-03-28
Pitch date: 2025-02-09
CAL [bullish]
Caleres, Inc.
-17.54%
current return
Author Info
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Company Info
Caleres, Inc. engages in the designs, develops, sources, manufactures, and distributes footwear in the United States, Canada, East Asia, and internationally.
Market Cap
$540.8M
Pitch Price
$16.54
Price Target
41.65 (+213%)
Dividend
1.74%
EV/EBITDA
3.19
P/E
5.21
EV/Sales
0.49
Sector
Specialty Retail
Category
turnaround
Caleres, Inc. - $CAL
CAL: Footwear co. w/ Famous Footwear retail (57% rev) & branded portfolio (43%). '24 tough w/ ERP issues & weak retail. Trades 4x P/E, 3.3x EBITDA, 1SD below historical. '25 better as ERP fixed, deleveraging continues. Branded portfolio growth driver. SOTP valuation shows 100%+ upside. Activist/PE potential. Risks: tariffs, inventory, trends. PT $41.65.
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