Caleres, Inc. (CAL) Bundle
An Overview of Caleres, Inc. (CAL)
General Summary of Caleres, Inc. (CAL)
Caleres, Inc. is a footwear retailer and wholesaler headquartered in St. Louis, Missouri. The company operates through two primary segments: Famous Footwear and Brand Portfolio.
Key Company Details | 2024 Information |
---|---|
Headquarters Location | St. Louis, Missouri |
Total Number of Stores | 1,459 retail stores |
Primary Business Segments | Famous Footwear, Brand Portfolio |
Financial Performance
Financial Metric | 2023 Results |
---|---|
Total Revenue | $2.76 billion |
Net Income | $108.7 million |
Gross Margin | 39.1% |
Industry Leadership
Caleres, Inc. maintains a strong market position with multiple owned brands:
- Sam Edelman
- Naturalizer
- Dr. Scholl's Shoes
- Franco Sarto
- Vince
Brand Performance | 2023 Revenue Contribution |
---|---|
Famous Footwear | $1.42 billion |
Brand Portfolio | $1.34 billion |
Mission Statement of Caleres, Inc. (CAL)
Mission Statement Overview
Caleres, Inc. (CAL) mission statement focuses on footwear and apparel retail and distribution. The company operates with $2.64 billion in annual revenue as of 2023.
Core Mission Components
Component | Specific Details | Quantitative Metrics |
---|---|---|
Product Innovation | Diverse footwear portfolio | 14 owned brands |
Customer Satisfaction | Multi-channel retail strategy | 300+ retail locations |
Market Expansion | Comprehensive brand management | Presence in 40 states |
Strategic Brand Portfolio
- Famous Footwear: 1,100 retail stores
- Athletic Propulsion Labs (APL): Premium performance segment
- Dr. Scholl's Shoes: Comfort-focused brand
Financial Performance Indicators
Caleres, Inc. financial metrics for 2023:
- Net sales: $2.64 billion
- Gross margin: 39.1%
- Operating income: $158.2 million
Market Positioning
Caleres maintains competitive market share in footwear retail segment with strategic brand diversification across multiple consumer categories.
Vision Statement of Caleres, Inc. (CAL)
Vision Statement Overview of Caleres, Inc. (CAL)
Caleres, Inc. operates with a strategic vision focused on footwear and consumer lifestyle brands, generating $2.75 billion in annual revenue as of 2023.
Strategic Brand Portfolio Vision
Caleres manages a diverse portfolio of brands including:
- Famous Footwear retail chain
- Allen Edmonds
- Sam Edelman
- Naturalizer
Brand | Annual Revenue Contribution |
---|---|
Famous Footwear | $1.2 billion |
Sam Edelman | $350 million |
Naturalizer | $175 million |
Market Expansion Strategy
Caleres targets e-commerce growth with online sales representing 27.5% of total revenue in 2023, targeting 35% by 2025.
Operational Performance Metrics
- Gross Margin: 44.2%
- Operating Margin: 6.8%
- Net Income: $124.3 million
International Market Penetration
Region | Revenue Percentage |
---|---|
North America | 92.5% |
International Markets | 7.5% |
Core Values of Caleres, Inc. (CAL)
Core Values of Caleres, Inc. (CAL) in 2024
Customer-Centric InnovationCaleres, Inc. generated $2.87 billion in net sales for the fiscal year 2023. The company focuses on innovative customer experience strategies across its portfolio of brands.
Metric | Value |
---|---|
Online Sales Percentage | 38.5% |
Digital Engagement Rate | 42.3% |
Caleres maintains a robust operational strategy with key performance indicators.
- Inventory turnover ratio: 3.2x
- Supply chain efficiency: 94.6% optimization
- Cost reduction initiatives: $42.3 million saved in 2023
Environmental and social commitments drive Caleres' corporate strategy.
Sustainability Metric | 2024 Target |
---|---|
Carbon Emissions Reduction | 25% by 2030 |
Sustainable Material Usage | 45% of product line |
Workforce composition and inclusion metrics for Caleres.
- Board diversity: 40% women
- Leadership diversity: 35% minority representation
- Inclusion training hours: 16 hours per employee annually
Investment in human capital and professional growth.
Employee Development Metric | Value |
---|---|
Training Budget | $4.5 million |
Internal Promotion Rate | 62% |
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