ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) (caleres.com), a market-leading portfolio of consumer-driven footwear brands, announced today it has closed on the acquisition of Stuart Weitzman from Tapestry, Inc. for $120.2 million, which included $11.5 million in cash received at the closing. Excluding cash received at the closing, the net purchase price was $108.7 million. The purchase price is subject to final adjustments for net working capital. The agreement to acquire Stuart Weitzman was
Related Questions
How will the integration of StuartâŻWeitzman affect Caleres' operating margins and cost structure?
What synergies (cost savings, revenue synergies, crossâselling opportunities) does management expect from the acquisition?
Will the acquisition be financingâneutral, or will the company raise additional debt/equity to fund it?
How will the acquisition of StuartâŻWeitzman affect Caleres' earnings per share and revenue guidance going forward?
What are the shortâterm and mediumâterm impacts on Caleres' cash flow and leverage ratios?
How does the $120.2âŻmillion purchase price compare to industry multiples for similar luxury footwear acquisitions?
What is the expected accretion or dilution to Caleres' earnings per share from this deal?
How does the deal position Caleres relative to its main competitors (e.g., Wolverine, Skechers, Crocs) in the premium/ luxury footwear segment?
What are the key risks (integration, brand dilution, supplyâchain, cultural) that could affect the success of the acquisition?
What is the marketâs reaction to the news and how is CALâs stock price moving in afterâhours trading?