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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Caleres, Inc. - CAL

1. Pomerantz LLP is investigating possible securities fraud by Caleres executives. 2. Caleres reported a 6.8% drop in Q1 2025 sales, missing expectations. 3. The company suspended its 2025 guidance due to uncertain conditions. 4. Following the news, CAL's stock price dropped 18.32% on May 29, 2025. 5. Investors are encouraged to contact Pomerantz for class action participation.

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FAQ

Why Bearish?

The investigation and financial decline signal potential severe investor skepticism, akin to past events where companies faced investigations, notably Theranos, which led to significant stock plummets.

How important is it?

The ongoing investigation and financial issues substantially affect investor confidence, making this news critical for CAL's stock performance.

Why Short Term?

The immediate implications of the investigation and stock drop will influence CAL's stock price soon, particularly if further negative developments arise.

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NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Caleres, Inc. (“Caleres” or the “Company”) (NYSE: CAL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Caleres and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On May 29, 2025, Caleres issued a press release reporting its financial results for the first quarter of 2025. Among other items, Caleres reported sales of only $614.2 million, representing a 6.8% year-over-year decline, which Caleres’s Chief Financial Officer acknowledged “was below our expectations”.  The Company also suspended its guidance for 2025, citing “the uncertainty in the environment[.]”  On this news, Caleres’s stock price fell $3.00 per share, or 18.32%, to close at $13.38 per share on May 29, 2025. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. Attorney advertising.  Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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