Caleres traded at $9.29 this Friday March 13th, decreasing $0.12 or 1.28 percent since the previous trading session. Looking back, over the last four weeks, Caleres lost 23.85 percent. Over the last 12 months, its price fell by 39.95 percent. Looking ahead, we forecast Caleres to be priced at 9.01 by the end of this quarter and at 8.22 in one year, according to Trading Economics global macro models projections and analysts expectations.
Caleres, Inc. is a global footwear company. Its segments include Famous Footwear and Brand Portfolio. The Famous Footwear segment is comprised of Famous Footwear, famousfootwear.com and famousfootwear.ca. Famous Footwear operates approximately 912 stores primarily selling branded footwear for the entire family. The Brand Portfolio segment is comprised of wholesale operations selling the Company's branded footwear, the retail stores and e-commerce sites associated with those brands. The segment sources and markets licensed, branded and private-label footwear primarily to online retailers, national chains, department stores, mass merchandisers and independent retailers as well as Famous Footwear, such as Allen Edmonds, Naturalizer and Sam Edelman stores and e-commerce businesses. Its activities include the operation of retail shoe stores and e-commerce websites, as well as the design, development, sourcing, manufacturing, marketing and wholesale distribution of footwears.