Mission Statement, Vision, & Core Values (2024) of Caleres, Inc. (CAL)

Mission Statement, Vision, & Core Values (2024) of Caleres, Inc. (CAL)

US | Consumer Cyclical | Apparel - Footwear & Accessories | NYSE

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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 Innovation

Caleres, 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%
Operational Excellence

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
Sustainability and Responsibility

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
Diversity and Inclusion

Workforce composition and inclusion metrics for Caleres.

  • Board diversity: 40% women
  • Leadership diversity: 35% minority representation
  • Inclusion training hours: 16 hours per employee annually
Employee Development

Investment in human capital and professional growth.

Employee Development Metric Value
Training Budget $4.5 million
Internal Promotion Rate 62%

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