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New York Stock Exchange · Consumer Cyclical

Invest in Caleres stock from India

Indian and foreign residents can buy Caleres (CAL) shares directly through Paasa.

By Paasa · Updated

Caleres at a glance

Price
$12.45-$0.08 (0.64%)
Market cap
$418.19M
Day range
$12.25 – $12.63
P/E
7.73
Dividend yield
2.25%
Volume
332.78K
1 month
-0.24%
6 months
+19.25%
YTD
+2.30%
1 year
-4.60%
5 years
-43.97%

Live chart and statistics

Caleres statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$2.8B$2.7B$2.8B$3.0B$2.8B
Gross profit$1.2B$1.2B$1.3B$1.3B$1.2B
Operating income$29.0M$149.9M$201.3M$214.3M$205.8M
Net income−$7.1M$107.3M$163.9M$181.7M$137.0M
Earnings per share−$0.22$3.10$4.80$4.98$3.59
EBITDA$70.8M$205.5M$253.9M$276.3M$257.1M
Total assets$2.0B$1.9B$1.8B$1.8B$1.8B
Total debt$891.1M$826.5M$747.9M$887.6M$871.4M
Cash and short-term investments$29.8M$29.6M$21.4M$33.7M$30.1M
Shareholders' equity$601.9M$599.0M$560.6M$420.7M$318.6M
Operating cash flow$100.3M$104.6M$200.2M$125.9M$168.4M
Free cash flow$32.4M$55.4M$150.5M$61.8M$144.3M
Capital expenditure−$67.9M−$49.1M−$49.6M−$64.0M−$24.1M

Fiscal years as reported, the latest ending 31 Jan 2026. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
HyliionHYLN$4.01$715.09M
HonestHNST$5.21$573.51M
WeycoWEYS$48.47$462.03M
Haverty Furniture CompaniesHVT$27.50$455.61M
Shoe CarnivalSCVL$15.61$423.83M
Dine Brands GlobalDIN$28.14$356.96M
Portillo'sPTLO$3.55$256.95M
ZumiezZUMZ$13.78$232.50M

Peers as grouped by the data provider. This is not an investment recommendation.

Analyst price targets

Low
$18.00
High
$35.00
Median
$30.00
Consensus
$28.25

Ratings: 7 buy · 5 hold · 1 sell. Consensus: Buy.

Published sell-side 12-month targets in USD, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in Caleres from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Step 3

    Search CAL and buy

    Find Caleres by name or by its ticker, CAL, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in Caleres from India

What Caleres does

Caleres, Inc. is a long-standing company primarily involved in the design, sourcing, retail, and wholesale distribution of various footwear products. Its operations span the United States, Canada, China, and Guam, organized into two main divisions: Famous Footwear and Brand Portfolio. Caleres operates in the Apparel - Retail industry within the Consumer Cyclical sector.

Hold a dollar asset

Caleres shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one Caleres share. There is no minimum trade size.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Planning to hold more than $60,000 in US stocks? Here's what US estate tax means for you.

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.

There are two ways to plan for it: keep the right estate documentation in place, or get your consumer cyclical exposure through a UCITS ETF instead, which sits outside US estate tax.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy Caleres stock from India?

Yes. Indian residents and NRIs can buy Caleres (CAL) shares directly through Paasa. Caleres is listed on the New York Stock Exchange, in the Apparel - Retail industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Caleres share?

No. You can buy part of one Caleres share and add to your position over time. One share is $12.45, and you can buy whole shares or any fraction; there is no minimum trade size.

How are Caleres dividends taxed for Indian investors?

The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. Caleres’ current yield is 2.25%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell Caleres shares?

The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my Caleres shares if I pass away?

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. There are two ways to plan for it: keep the right estate documentation in place, or get your consumer cyclical exposure through a UCITS ETF instead, which sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

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