CAL

Caleres, Inc. is a footwear company with a diverse portfolio of brands, retail stores, and e-commerce sites. The company designs, sources, and markets footwear for women, men, and children through owned brands including Famous Footwear, Sam Edelman, Naturalizer, Dr. Scholl's Shoes, and others, as well as licensed brands. Caleres operates through segments including Famous Footwear (value-oriented family footwear retail chain), Brand Portfolio (wholesale and direct-to-consumer brands), and other operations. Famous Footwear operates hundreds of stores across the United States offering branded athletic and casual footwear from Nike, Adidas, Skechers, and other manufacturers at accessible prices. Founded in 1878 as Brown Shoe Company and headquartered in St. Louis, Missouri, Caleres has adapted through retail industry transformation. The company benefits from diversified business model, owned brands providing margin opportunities, and Famous Footwear's value positioning. Caleres faces challenges from e-commerce competition, mall traffic declines, athletic footwear brand competition, and retail industry pressures. The company has invested in omnichannel capabilities, store experience, and brand portfolio optimization. Caleres continues to focus on Famous Footwear performance, brand growth, and operational efficiency.