Caleres, Inc. CAL

Competitive advantage analysis · consumer-cyclical

Corporate Default
Overall moat score
38/100
Developing

About Caleres, Inc.

Caleres, Inc. engages in the designs, develops, sources, manufactures, and distributes footwear in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, Adidas, Vans, Crocs, Converse, … Full CAL analysis →

Competitive advantage assessment

Key strengths

  • Revenue Growth Consistent Revenue growth volatility is low (stability score 0.97), suggesting sticky customer base.

Key risks

  • ROIC Below WACC or Peers ROIC at 31.0th percentile suggests inefficient capital deployment.
  • Elevated Debt Risk Debt serviceability is weak (score 0.17), raising refinancing risk.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
40

Where CAL ranks in Apparel Retail

Caleres, Inc. ranks #23 of 34 scored companies in Apparel Retail by moat score — the top 68%. The widest moat in the group is lululemon athletica inc. (LULU) at 83/100.

Moat scores for companies ranked near CAL in Apparel Retail
# Company Moat score Rating
19 Torrid Holdings Inc. CURV 46/100 Developing
20 Duluth Holdings Inc. DLTH 41/100 Developing
21 Foot Locker, Inc. FL 40/100 Developing
22 Stitch Fix, Inc. SFIX 40/100 Developing
23 Caleres, Inc. CAL 38/100 Developing
24 Citi Trends, Inc. CTRN 36/100 Developing
25 Zumiez Inc. ZUMZ 35/100 Developing
26 Cato Corporation (The) CATO 34/100 Developing
27 Digital Brands Group, Inc. Warrant DBGIW 32/100 Developing

See every General Corporate company ranked by moat score →

How CAL scores on the Corporate Default defenses

Pricing Power

Score 40 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 38 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 65 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 21 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 21 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 44 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding CAL's moat

What is Caleres, Inc.'s moat score?

Caleres, Inc. (CAL) scores 38 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #23 of 34 scored companies in Apparel Retail, the top 68%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 33 companies in Apparel Retail. Its strongest defense is Customer Stickiness (65/100) and its weakest is Resilience (21/100).

How does Caleres, Inc. compare with other Apparel Retail companies?

Caleres, Inc. ranks #23 of 34 scored companies in Apparel Retail by moat score. The widest moat in Apparel Retail is lululemon athletica inc. (LULU) at 83/100. The companies ranked closest are Stitch Fix, Inc. (SFIX) at 40 just above it and Citi Trends, Inc. (CTRN) at 36 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 33 companies in Apparel Retail. The defenses are then weighted to produce the overall score out of 100.

Why is Caleres, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Caleres, Inc.?

The Corporate Default template measures 6 defenses, and CAL scores: Pricing Power (40), Cost Advantage (38), Customer Stickiness (65), Capital Efficiency (21), Resilience (21), Scale & Market Position (44). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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