Caleres, formerly Brown Shoe Company, is a global footwear retailers and wholesaler.
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Formerly known as Brown Shoe Company, Inc., Caleres is a global footwear retailer and wholesaler. It operates through two segments: Famous Footwear and Brand Portfolio. The Famous Footwear segment includes Famous Footwear stores, as well as Famous.com, and is a family-branded footwear retailer with around 1,038 stores. The Brand Portfolio segment offers retailers and consumers a portfolio of brands by designing, sourcing and marketing branded footwear for women and men, selling to wholesalers and consumers.
The company has seen $2.5 billion in sales over the past year, with growth earnings per share at a 46-per-cent pace over long term (using an average of the three-, four, and five-year EPS growth rates).
It trades for 13.7 times trailing 12-month EPS. That and its growth rate make for a strong 0.3 P/E-to-growth ratio, part of why the Peter Lynch-based model has strong interest.
It also has interest from the Kenneth Fisher-based model, thanks to its 0.42 price/sales ratio, 32-per-cent total debt/equity ratio, and $1.30 in free-cash-flow per share (which makes for a solid 8.9 per cent free-cash-flow yield).
Caleres has $480-million net current assets versus $197-million long term debt, which the Benjamin Graham-based model likes. The approach also likes the company's 2.5 current ratio.
The company has a 1.1 per cent dividend yield.
John Reese is long CAL.
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