Caleres Inc (CAL)
Gross profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,262,957 | 1,238,417 | 1,237,919 | 1,260,561 | 1,284,873 | 1,298,471 | 1,293,946 | 1,279,424 | 1,227,317 | 1,158,090 | 1,079,711 | 940,038 | 787,049 | 840,300 | 903,098 | 1,026,422 | 1,184,360 | 1,183,262 | 1,174,102 | 1,161,259 |
| Revenue (ttm) | US$ in thousands | 2,816,517 | 2,816,158 | 2,852,512 | 2,895,309 | 2,967,062 | 2,950,092 | 2,935,760 | 2,872,990 | 2,776,602 | 2,666,277 | 2,529,860 | 2,355,776 | 2,115,012 | 2,243,877 | 2,388,743 | 2,639,752 | 2,920,416 | 2,249,503 | 1,473,096 | 748,492 |
| Gross profit margin | 44.84% | 43.98% | 43.40% | 43.54% | 43.30% | 44.01% | 44.08% | 44.53% | 44.20% | 43.43% | 42.68% | 39.90% | 37.21% | 37.45% | 37.81% | 38.88% | 40.55% | 52.60% | 79.70% | 155.15% |
February 3, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,262,957K ÷ $2,816,517K
= 44.84%
The gross profit margin for Caleres Inc has shown some fluctuations over the past several reporting periods. From February 3, 2024, to May 4, 2019, the gross profit margins have ranged from a low of 37.21% to a high of 52.60%.
Overall, the gross profit margin has generally been relatively stable, averaging around the mid-40% range, with occasional deviations. There was a noticeable decline in the margin in the January 30, 2021, reporting period, which dropped to 37.21%, likely indicating some challenges in maintaining profitability.
It is important to note the significant increase in the gross profit margin in the August 3, 2019, reporting period to 155.15%, which may be attributed to specific events or factors impacting the company's cost of goods sold during that period.
Analyzing the trend in gross profit margin can provide insights into Caleres Inc's ability to manage production costs and pricing strategies, impacting its overall profitability.
Peer comparison
Feb 3, 2024