vs
CALERES INC（CAL）与盖尔斯（GES）财务数据对比。点击上方公司名可切换其他公司
盖尔斯的季度营收约是CALERES INC的1.0倍（$791.4M vs $790.1M），盖尔斯净利率更高（3.2% vs 0.3%，领先2.9%），盖尔斯同比增速更快（7.2% vs 6.6%），CALERES INC自由现金流更多（$-12.4M vs $-56.3M），过去两年CALERES INC的营收复合增速更高（6.5% vs -5.8%）
Caleres Inc是一家美国鞋履企业，旗下拥有并运营多个鞋履品牌，总部坐落于圣路易斯郊区密苏里州克莱顿。该企业前身是1878年在圣路易斯成立的Bryan, Brown & Company，此后历经多次更名，其前身汉密尔顿-布朗鞋业在20世纪初曾是美国最大的鞋履制造商。
盖尔斯是美国知名服饰品牌企业，以标志性的黑白风格广告广为人知。除核心服饰产品外，品牌还通过品牌授权模式推出腕表、珠宝、香水、包袋、鞋履等各类时尚配饰，在全球时尚消费市场拥有较高知名度。
CAL vs GES — 直观对比
营收规模更大
GES
是对方的1.0倍
$790.1M
营收增速更快
GES
高出0.5%
6.6%
净利率更高
GES
高出2.9%
0.3%
自由现金流更多
CAL
多$44.0M
$-56.3M
两年增速更快
CAL
近两年复合增速
-5.8%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $790.1M | $791.4M |
| 净利润 | $2.4M | $25.6M |
| 毛利率 | 41.8% | 42.5% |
| 营业利润率 | 1.5% | 2.9% |
| 净利率 | 0.3% | 3.2% |
| 营收同比 | 6.6% | 7.2% |
| 净利润同比 | -94.2% | 209.6% |
| 每股收益（稀释后） | $0.07 | $0.48 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CALGES
| Q4 25 | $790.1M | $791.4M | ||
| Q3 25 | $658.5M | $772.9M | ||
| Q2 25 | $614.2M | $647.8M | ||
| Q1 25 | $639.2M | $932.3M | ||
| Q4 24 | $740.9M | $738.5M | ||
| Q3 24 | $683.3M | $732.6M | ||
| Q2 24 | $659.2M | $591.9M | ||
| Q1 24 | $697.1M | $891.0M |
净利润CALGES
| Q4 25 | $2.4M | $25.6M | ||
| Q3 25 | $6.7M | $6.2M | ||
| Q2 25 | $6.9M | $-32.9M | ||
| Q1 25 | $4.9M | $81.4M | ||
| Q4 24 | $41.4M | $-23.4M | ||
| Q3 24 | $30.0M | $-10.6M | ||
| Q2 24 | $30.9M | $13.0M | ||
| Q1 24 | $55.7M | $115.3M |
毛利率CALGES
| Q4 25 | 41.8% | 42.5% | ||
| Q3 25 | 43.4% | 42.5% | ||
| Q2 25 | 45.4% | 39.9% | ||
| Q1 25 | 43.0% | 44.1% | ||
| Q4 24 | 44.1% | 43.6% | ||
| Q3 24 | 45.5% | 43.7% | ||
| Q2 24 | 46.9% | 41.9% | ||
| Q1 24 | 43.9% | 45.4% |
营业利润率CALGES
| Q4 25 | 1.5% | 2.9% | ||
| Q3 25 | 1.4% | 2.3% | ||
| Q2 25 | 1.9% | -5.1% | ||
| Q1 25 | 1.2% | 11.1% | ||
| Q4 24 | 7.7% | 5.7% | ||
| Q3 24 | 6.2% | 6.5% | ||
| Q2 24 | 6.5% | -3.4% | ||
| Q1 24 | 4.4% | 16.3% |
净利率CALGES
| Q4 25 | 0.3% | 3.2% | ||
| Q3 25 | 1.0% | 0.8% | ||
| Q2 25 | 1.1% | -5.1% | ||
| Q1 25 | 0.8% | 8.7% | ||
| Q4 24 | 5.6% | -3.2% | ||
| Q3 24 | 4.4% | -1.4% | ||
| Q2 24 | 4.7% | 2.2% | ||
| Q1 24 | 8.0% | 12.9% |
每股收益（稀释后）CALGES
| Q4 25 | $0.07 | $0.48 | ||
| Q3 25 | $0.20 | $0.12 | ||
| Q2 25 | $0.21 | $-0.65 | ||
| Q1 25 | $0.17 | $1.29 | ||
| Q4 24 | $1.19 | $-0.47 | ||
| Q3 24 | $0.85 | $-0.28 | ||
| Q2 24 | $0.88 | $0.23 | ||
| Q1 24 | $1.56 | $1.90 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $34.0M | $154.2M |
| 总债务越低越好 | — | $299.5M |
| 股东权益账面价值 | $616.8M | $508.5M |
| 总资产 | $2.1B | $3.0B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资CALGES
| Q4 25 | $34.0M | $154.2M | ||
| Q3 25 | $191.5M | $189.6M | ||
| Q2 25 | $33.1M | $151.2M | ||
| Q1 25 | $29.6M | $187.7M | ||
| Q4 24 | $33.7M | $140.9M | ||
| Q3 24 | $51.8M | $218.9M | ||
| Q2 24 | $30.7M | $241.7M | ||
| Q1 24 | $21.4M | $360.3M |
总债务CALGES
| Q4 25 | — | $299.5M | ||
| Q3 25 | — | $258.4M | ||
| Q2 25 | — | $241.7M | ||
| Q1 25 | — | $150.7M | ||
| Q4 24 | — | $238.3M | ||
| Q3 24 | — | $187.8M | ||
| Q2 24 | — | $196.9M | ||
| Q1 24 | — | $28.2M |
股东权益CALGES
| Q4 25 | $616.8M | $508.5M | ||
| Q3 25 | $613.3M | $487.6M | ||
| Q2 25 | $605.2M | $483.6M | ||
| Q1 25 | $599.0M | $505.0M | ||
| Q4 24 | $598.3M | $450.7M | ||
| Q3 24 | $606.1M | $491.2M | ||
| Q2 24 | $570.3M | $565.5M | ||
| Q1 24 | $560.6M | $684.9M |
总资产CALGES
| Q4 25 | $2.1B | $3.0B | ||
| Q3 25 | $2.2B | $3.0B | ||
| Q2 25 | $1.9B | $2.9B | ||
| Q1 25 | $1.9B | $2.8B | ||
| Q4 24 | $2.0B | $2.8B | ||
| Q3 24 | $2.0B | $2.8B | ||
| Q2 24 | $1.9B | $2.7B | ||
| Q1 24 | $1.8B | $2.6B |
负债/权益比CALGES
| Q4 25 | — | 0.59× | ||
| Q3 25 | — | 0.53× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.35× | ||
| Q1 24 | — | 0.04× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-1.2M | $-39.5M |
| 自由现金流经营现金流 - 资本支出 | $-12.4M | $-56.3M |
| 自由现金流率自由现金流/营收 | -1.6% | -7.1% |
| 资本支出强度资本支出/营收 | 1.4% | 2.1% |
| 现金转化率经营现金流/净利润 | -0.50× | -1.54× |
| 过去12个月自由现金流最近4个季度 | $14.4M | $62.5M |
8季度趋势，按日历期对齐
经营现金流CALGES
| Q4 25 | $-1.2M | $-39.5M | ||
| Q3 25 | $47.3M | $74.9M | ||
| Q2 25 | $-5.7M | $-73.4M | ||
| Q1 25 | $28.7M | $183.2M | ||
| Q4 24 | $-39.8M | $-83.3M | ||
| Q3 24 | $79.6M | $44.7M | ||
| Q2 24 | $36.1M | $-22.9M | ||
| Q1 24 | $43.0M | $289.5M |
自由现金流CALGES
| Q4 25 | $-12.4M | $-56.3M | ||
| Q3 25 | $35.0M | $53.4M | ||
| Q2 25 | $-26.2M | $-95.3M | ||
| Q1 25 | $18.0M | $160.7M | ||
| Q4 24 | $-57.4M | $-105.4M | ||
| Q3 24 | $68.5M | $24.3M | ||
| Q2 24 | $26.3M | $-44.0M | ||
| Q1 24 | $32.4M | $267.8M |
自由现金流率CALGES
| Q4 25 | -1.6% | -7.1% | ||
| Q3 25 | 5.3% | 6.9% | ||
| Q2 25 | -4.3% | -14.7% | ||
| Q1 25 | 2.8% | 17.2% | ||
| Q4 24 | -7.7% | -14.3% | ||
| Q3 24 | 10.0% | 3.3% | ||
| Q2 24 | 4.0% | -7.4% | ||
| Q1 24 | 4.6% | 30.1% |
资本支出强度CALGES
| Q4 25 | 1.4% | 2.1% | ||
| Q3 25 | 1.9% | 2.8% | ||
| Q2 25 | 3.3% | 3.4% | ||
| Q1 25 | 1.7% | 2.4% | ||
| Q4 24 | 2.4% | 3.0% | ||
| Q3 24 | 1.6% | 2.8% | ||
| Q2 24 | 1.5% | 3.6% | ||
| Q1 24 | 1.5% | 2.4% |
现金转化率CALGES
| Q4 25 | -0.50× | -1.54× | ||
| Q3 25 | 7.05× | 12.00× | ||
| Q2 25 | -0.81× | — | ||
| Q1 25 | 5.82× | 2.25× | ||
| Q4 24 | -0.96× | — | ||
| Q3 24 | 2.66× | — | ||
| Q2 24 | 1.17× | -1.76× | ||
| Q1 24 | 0.77× | 2.51× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CAL
| Brand Portfolio | $383.7M | 49% |
| Landed Wholesale | $148.1M | 19% |
| Wholesale E Commerce | $75.0M | 9% |
| Ecommerce | $68.8M | 9% |
| Stuart Weitzman Brand | $45.8M | 6% |
| Landed Wholesale Ecommerce Drop Ship | $30.6M | 4% |
| First Cost Wholesale | $14.9M | 2% |
| Clt Brand Solutions | $10.2M | 1% |
| License And Royalty | $2.1M | 0% |
GES
| Products | $760.3M | 96% |
| Royalty | $31.1M | 4% |
