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Caleres Inc 10-Q Filings

CAL NYSE

Every 10-Q that Caleres Inc (CAL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow CAL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CAL filings page.

Rhea-AI Summary

CALERES INC (CAL) reports sharply stronger results for the quarter ended August 1, 2026. Consolidated net sales rose to $695.5 million, up 5.6%, with Brand Portfolio net sales up 23.6% to $340.6 million, offsetting a 6.3% decline at Famous Footwear. Gross margin expanded to 54.8% from 43.4%, helped by $55.6 million of tariff refunds recorded as a reduction of cost of goods sold and $1.8 million of related interest income.

Operating earnings increased to $77.6 million from $9.3 million, and diluted EPS rose to $1.71 from $0.20. Year-to-date net earnings attributable to Caleres reached $72.9 million versus $13.7 million a year earlier. The Stuart Weitzman acquisition contributed $42.5 million of quarterly net sales but posted a $2.9 million operating loss. Liquidity includes $50.9 million in cash and $357.3 million of additional revolver availability, with revolving credit borrowings of $288.0 million. Famous Footwear comparable sales declined 5.9% amid softer store traffic and macro headwinds, while inventories increased to $754.2 million.

Rhea-AI Summary

Caleres, Inc. reported stronger first-quarter results, with net sales rising to $666.6 million from $614.2 million, driven mainly by 20.6% growth in the Brand Portfolio segment, including contributions from the Stuart Weitzman acquisition. Famous Footwear sales declined 2.5% as store traffic softened in a tougher consumer environment.

Gross margin improved to 47.3% from 45.4%, helped by lower ongoing tariffs, mitigation efforts, lower markdowns and a better product mix. Operating earnings more than doubled to $23.9 million, and diluted EPS increased to $0.42 from $0.21. Caleres ended the quarter with $37.7 million in cash and $191.5 million of additional borrowing availability.

Rhea-AI Summary

Caleres, Inc.$790.1 million from $740.9 million a year ago, but net earnings attributable to Caleres dropped to $2.4 million from $41.4 million as operating earnings fell sharply and interest expense increased.

For the first thirty-nine weeks, sales were $2.06 billion versus $2.08 billion, while net earnings attributable to Caleres declined to $16.0 million from $102.3 million. Cash from operating activities fell to $40.5 million from $75.9 million, and borrowings under the revolving credit agreement increased to $355.0 million from $238.5 million a year earlier.

In August 2025, Caleres completed the $108.9 million acquisition of the Stuart Weitzman luxury footwear business, adding goodwill and trademark intangibles and bringing in $45.8 million of net sales in the quarter but an operating loss of $18.9 million, including inventory step-up costs. The company also recorded $3.8 million of acquisition and integration costs and $2.9 million of expense-reduction and restructuring charges in the quarter, contributing to lower earnings.

Rhea-AI Summary

Caleres, Inc. (CAL) reported interim results showing several operational and financing items that shaped the quarter. The company made capital contributions to its 50% joint venture CLT Brand Solutions of $1.0 million for the thirteen-week period and $4.5 million year-to-date, including contributions from Brand Investment Holding. After quarter-end the company acquired Stuart Weitzman for $120.2 million (including an estimated $11.5 million cash received at closing), with a net purchase price of $108.7 million before final working capital adjustments; Stuart Weitzman will be included in the Brand Portfolio segment beginning in Q3 2025. Loyalty program liabilities shifted (increase of $10.7 million from points earned and decrease of $8.9 million from expirations/redemptions). The company repurchased 300,000 and 416,000 shares in the respective thirteen- and twenty-six-week periods and recorded $4.5 million of severance and related costs tied to expense reduction initiatives. No goodwill or indefinite-lived intangible impairments were recorded. The consolidated effective tax rates were 8.8% and 24.0% for the twenty-six weeks ended August 2, 2025 and August 3, 2024, respectively. Credit capacity was expanded to aggregate availability up to $700.0 million (subject to borrowing base), with $230.8 million additional borrowing availability and $8.1 million in letters of credit outstanding. Environmental remediation reserves totaled $8.9 million (undiscounted on-site liability $12.5 million) with scheduled spending estimates provided.