Caleres is a footwear retailer and wholesaler. Co. is engaged in the operation of retail shoe stores and e-commerce websites as well as the design, sourcing and marketing of footwear for women, men and children. Co.'s Famous Footwear segment includes its Famous Footwear stores, which features a selection of athletic, casual and dress shoes for the entire family. Co.'s Brand Portfolio segment provides retailers and consumers a portfolio of brands by designing, sourcing and marketing footwear for women and men at a variety of price points. Co.'s Brand Portfolio segment sells footwear on a wholesale basis to retailers as well as through its branded retail stores and e-commerce businesses. We show 40 historical shares outstanding datapoints in our CAL shares outstanding history coverage, used to compute CAL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CAL market cap history over the course of time is important for investors
interested in comparing CAL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CAL versus a peer is one thing; comparing
CAL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CAL can fluctuate over the course of history.
With this page we aim to empower investors researching CAL by allowing them to research the CAL market cap history. |
Video: The Importance of Market Cap
