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Caleres Reports Fourth Quarter & Full Year Results and Provides 2025 Outlook

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Caleres (NYSE: CAL) reported Q4 2024 financial results with sales of $639.2 million, down 8.3% year-over-year, and full-year sales of $2.72 billion, down 3.4%. The company posted Q4 earnings per diluted share of $0.15 and adjusted EPS of $0.33, while full-year EPS was $3.09 with adjusted EPS of $3.30.

Key highlights include:

  • Famous Footwear segment saw Q4 net sales decrease 9.6% with comparable sales down 2.9%
  • Brand Portfolio segment experienced a 7.2% Q4 net sales decline
  • Direct-to-consumer sales represented 73% of total net sales
  • Company returned $74.7 million to shareholders through dividends and share repurchases in fiscal 2024

Looking ahead, Caleres expects fiscal 2025 consolidated net sales to range between -1% to +1% compared to 2024, with projected earnings per diluted share of $2.80 to $3.20. The guidance excludes the planned Stuart Weitzman acquisition, expected to close in summer 2025.

Caleres (NYSE: CAL) ha riportato i risultati finanziari del quarto trimestre 2024 con vendite di 639,2 milioni di dollari, in calo dell'8,3% rispetto all'anno precedente, e vendite per l'intero anno di 2,72 miliardi di dollari, in calo del 3,4%. L'azienda ha registrato un utile per azione diluita di $0,15 nel quarto trimestre e un EPS rettificato di $0,33, mentre l'EPS per l'intero anno è stato di $3,09 con un EPS rettificato di $3,30.

I punti salienti includono:

  • Il segmento Famous Footwear ha visto un calo delle vendite nette del 9,6% nel quarto trimestre, con vendite comparabili in calo del 2,9%
  • Il segmento Brand Portfolio ha registrato un declino delle vendite nette del 7,2% nel quarto trimestre
  • Le vendite dirette al consumatore hanno rappresentato il 73% delle vendite nette totali
  • L'azienda ha restituito 74,7 milioni di dollari agli azionisti attraverso dividendi e riacquisti di azioni nel 2024

Guardando al futuro, Caleres prevede che le vendite nette consolidate per l'anno fiscale 2025 varieranno tra -1% e +1% rispetto al 2024, con un utile per azione diluita previsto tra $2,80 e $3,20. Le previsioni non includono l'acquisizione pianificata di Stuart Weitzman, che dovrebbe concludersi nell'estate del 2025.

Caleres (NYSE: CAL) informó los resultados financieros del cuarto trimestre de 2024 con ventas de $639.2 millones, una disminución del 8.3% en comparación con el año anterior, y ventas anuales de $2.72 mil millones, una caída del 3.4%. La compañía reportó ganancias por acción diluida de $0.15 en el cuarto trimestre y un EPS ajustado de $0.33, mientras que el EPS anual fue de $3.09 con un EPS ajustado de $3.30.

Los aspectos destacados incluyen:

  • El segmento Famous Footwear vio una disminución del 9.6% en las ventas netas del cuarto trimestre, con ventas comparables en descenso del 2.9%
  • El segmento Brand Portfolio experimentó una caída del 7.2% en las ventas netas del cuarto trimestre
  • Las ventas directas al consumidor representaron el 73% de las ventas netas totales
  • La compañía devolvió $74.7 millones a los accionistas a través de dividendos y recompra de acciones en el año fiscal 2024

De cara al futuro, Caleres espera que las ventas netas consolidadas para el año fiscal 2025 oscilen entre -1% y +1% en comparación con 2024, con ganancias por acción diluida proyectadas entre $2.80 y $3.20. La guía no incluye la adquisición planificada de Stuart Weitzman, que se espera cerrar en el verano de 2025.

칼레레스 (NYSE: CAL)는 2024년 4분기 재무 결과를 발표하며 매출이 6억 3천 9백 20만 달러로 전년 대비 8.3% 감소했으며, 연간 매출은 27억 2천만 달러로 3.4% 감소했다고 밝혔습니다. 회사는 4분기 희석 주당 순이익이 $0.15, 조정된 EPS가 $0.33이며, 연간 EPS는 $3.09, 조정된 EPS는 $3.30이라고 보고했습니다.

주요 하이라이트는 다음과 같습니다:

  • Famous Footwear 부문은 4분기 순매출이 9.6% 감소하고 비교 가능한 매출이 2.9% 감소했습니다.
  • Brand Portfolio 부문은 4분기 순매출이 7.2% 감소했습니다.
  • 소비자 직접 판매는 총 순매출의 73%를 차지했습니다.
  • 회사는 2024 회계연도에 배당금 및 자사주 매입을 통해 주주에게 7천 470만 달러를 반환했습니다.

미래를 바라보며, 칼레레스는 2025 회계연도 통합 순매출이 2024년 대비 -1%에서 +1% 사이가 될 것으로 예상하며, 희석 주당 순이익은 $2.80에서 $3.20 사이로 예상하고 있습니다. 이 가이드는 2025년 여름에 마감될 예정인 Stuart Weitzman 인수를 포함하지 않습니다.

Caleres (NYSE: CAL) a publié ses résultats financiers pour le quatrième trimestre 2024, avec des ventes de 639,2 millions de dollars, en baisse de 8,3 % par rapport à l'année précédente, et des ventes annuelles de 2,72 milliards de dollars, en baisse de 3,4 %. L'entreprise a affiché un bénéfice par action diluée de 0,15 $ au quatrième trimestre et un BPA ajusté de 0,33 $, tandis que le BPA annuel était de 3,09 $ avec un BPA ajusté de 3,30 $.

Les points saillants incluent :

  • Le segment Famous Footwear a connu une baisse de 9,6 % de ses ventes nettes au quatrième trimestre, avec des ventes comparables en baisse de 2,9 %.
  • Le segment Brand Portfolio a enregistré une baisse de 7,2 % des ventes nettes au quatrième trimestre.
  • Les ventes directes aux consommateurs ont représenté 73 % des ventes nettes totales.
  • L'entreprise a restitué 74,7 millions de dollars aux actionnaires par le biais de dividendes et de rachats d'actions au cours de l'exercice 2024.

En regardant vers l'avenir, Caleres s'attend à ce que les ventes nettes consolidées pour l'exercice 2025 varient entre -1 % et +1 % par rapport à 2024, avec un bénéfice par action diluée prévu entre 2,80 $ et 3,20 $. Les prévisions n'incluent pas l'acquisition prévue de Stuart Weitzman, qui devrait être finalisée à l'été 2025.

Caleres (NYSE: CAL) hat die finanziellen Ergebnisse für das vierte Quartal 2024 veröffentlicht, mit einem Umsatz von 639,2 Millionen Dollar, was einem Rückgang von 8,3 % im Vergleich zum Vorjahr entspricht, und einem Jahresumsatz von 2,72 Milliarden Dollar, was einem Rückgang von 3,4 % entspricht. Das Unternehmen meldete einen Gewinn pro verwässerter Aktie von 0,15 $ im vierten Quartal und einen bereinigten EPS von 0,33 $, während der EPS für das gesamte Jahr bei 3,09 $ und der bereinigte EPS bei 3,30 $ lag.

Wichtige Höhepunkte sind:

  • Das Segment Famous Footwear verzeichnete im vierten Quartal einen Rückgang der Nettoumsätze um 9,6 %, wobei die vergleichbaren Umsätze um 2,9 % zurückgingen.
  • Das Segment Brand Portfolio erlebte einen Rückgang der Nettoumsätze um 7,2 % im vierten Quartal.
  • Direktvertrieb an Verbraucher machte 73 % des gesamten Nettoumsatzes aus.
  • Das Unternehmen gab 74,7 Millionen Dollar an die Aktionäre durch Dividenden und Aktienrückkäufe im Geschäftsjahr 2024 zurück.

Für die Zukunft erwartet Caleres, dass die konsolidierten Nettoumsätze für das Geschäftsjahr 2025 im Vergleich zu 2024 zwischen -1 % und +1 % liegen werden, mit einem prognostizierten Gewinn pro verwässerter Aktie von 2,80 $ bis 3,20 $. Die Prognose schließt die geplante Übernahme von Stuart Weitzman ein, die voraussichtlich im Sommer 2025 abgeschlossen wird.

Positive
  • Returned $74.7M to shareholders through dividends and share repurchases
  • Direct-to-consumer sales strong at 73% of total net sales
  • Brand Portfolio segment gross margin improved 80 basis points to 43.7% in FY2024
  • Gained market share in women's fashion footwear
  • Lead Brands outperformed and increased sneaker penetration
Negative
  • Q4 sales declined 8.3% to $639.2M year-over-year
  • Full-year sales dropped 3.4% to $2.72B
  • Q4 net earnings fell to $4.9M from $55.8M in prior year
  • Famous Footwear segment performance weakened with 9.6% sales decline
  • SG&A expenses increased 180 basis points as percentage of sales
  • Inventory levels up 4.5% despite sales decline

Insights

Caleres reported Q4 sales of $639.2 million (down 8.3% YoY) and full-year sales of $2.72 billion (down 3.4% YoY). The company's Q4 adjusted EPS of $0.33 and full-year adjusted EPS of $3.30 reached the high end of previous guidance, but still declined significantly compared to the $0.86 and $4.18 reported in the prior year.

The financial guidance for 2025 signals continued challenges ahead, with sales projected between -1% to +1% and EPS expected between $2.80-$3.20, representing a potential year-over-year earnings decline of up to 15%. This outlook excludes the pending $105 million Stuart Weitzman acquisition.

Margin pressure is evident in the results, with Q4 gross margin contracting 80 basis points to 43.0% while SG&A expenses increased 180 basis points to 40.9% of sales, reflecting negative operating leverage from declining revenues. Full-year adjusted EBITDA margin compressed to 8.0% of sales.

The company continues prioritizing shareholder returns, delivering $74.7 million through dividends and share repurchases despite deteriorating performance. Inventory increased 4.5% against declining sales, potentially indicating merchandise accumulation issues requiring future markdown pressure.

Caleres is making strategic adjustments to mitigate external pressures, particularly accelerating sourcing diversification with 75% of Brand Portfolio production expected outside China by H2 2025. While gaining market share in women's fashion footwear, Famous Footwear's softening performance remains concerning.

Caleres' results reflect the ongoing challenges in specialty footwear retail, with the company's direct-to-consumer channels (representing 72% of total revenue) unable to fully offset broader consumer spending pressures. The Famous Footwear segment's 9.6% revenue decline and 2.9% comparable sales drop in Q4 indicate weakening consumer demand in the value footwear segment.

The company's strategic prioritization of its "Lead Brands" is delivering market share gains in women's fashion footwear, but not enough to counterbalance overall category weakness. The increased focus on contemporary styles and expanding sneaker penetration demonstrates appropriate tactical responses to shifting consumer preferences.

Supply chain evolution remains critical as tariff pressures intensify. Caleres' accelerated sourcing diversification strategy—targeting 75% of Brand Portfolio production outside China by late 2025—represents a significant operational pivot. This transition will likely involve short-term margin pressures but positions the company for greater long-term resilience against geopolitical disruptions.

The planned Stuart Weitzman acquisition signals Caleres' commitment to strengthening its premium portfolio despite current headwinds. This acquisition adds a recognized luxury footwear brand to complement their existing portfolio, potentially providing higher-margin opportunities as consumer spending eventually normalizes.

Management's candid acknowledgment that 2024 was "disappointing relative to initial expectations" reflects the reality many specialty retailers face: persistent inflation and cautious consumer spending requiring more conservative operational approaches. The company's inventory management will be important to watch, as the 4.5% inventory increase against declining sales could signal potential markdown risks in upcoming quarters.

  • Reported fourth quarter sales of $639.2 million, down 8.3% year-on-year, and full-year sales of $2,722.7 million, down 3.4% year-on-year and in line with our most recent guidance;
  • Reported fourth quarter and full year earnings per diluted share of $0.15 and $3.09, respectively, and fourth quarter and full year adjusted earnings per diluted share of $0.33 and $3.30, respectively, at the high end of our most recent guidance;
  • Returned $74.7 million to shareholders in fiscal 2024 through share repurchases and quarterly dividends;
  • Now expects 75% of our Brand Portfolio, and an even greater percentage of our Lead Brands’ sourcing to be outside of China by the second half of 2025
  • Expects fiscal 2025 consolidated net sales to be down 1% to up 1% compared to fiscal 2024;
  • Expects fiscal 2025 earnings per diluted share of $2.80 to $3.20;
  • Guidance excludes the previously announced acquisition of Stuart Weitzman, which is expected to close in the summer of 2025.

ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today reported its financial results for the fourth quarter and full year 2024 and provided guidance for first quarter and full year 2025.

Sam Edelman Sarita Sneaker and Miles Sneaker

Sam Edelman Sarita Sneaker and Miles Sneaker

“Our fourth quarter earnings were at the high end of our most recent guidance. We gained market share in women’s fashion footwear, our Lead Brands outperformed, and we grew our sneaker penetration. Famous Footwear’s business softened in the quarter, but we maximized key selling periods. We invested to support our long-term growth while continuing to evolve our supply chain and further mitigate the impact of additional tariffs,” said Jay Schmidt, president and chief executive officer. “While 2024 overall was disappointing relative to our initial expectations, we made meaningful progress in advancing our strategic priorities and positioning our brands for sustainable growth. We also returned $75 million to shareholders in the form of dividends and share repurchases.”

“As we look forward to 2025 and the macroeconomic environment with persistent inflation and newer tariffs, we believe it is prudent to take a conservative view for the year. Despite this posture, I am optimistic about what we have in store for 2025. Our Lead Brands remain strong and are collectively gaining market share, and we have expanded our customer reach with greater focus on the significant opportunity we see in contemporary,” said Schmidt. “The hard work of our talented teams and the impact of new leadership across several areas of our business, along with strategic brand partnerships and the planned acquisition of Stuart Weitzman, position us well to drive significant value in 2025 and beyond.”

Fourth Quarter 2024 Results

(13 weeks ended February 1, 2025, compared to 14 weeks ended February 3, 2024)

  • Net sales: $639.2 million, down 8.3% year-over-year, with net sales excluding the impact of the 53rd week down 4.0%
    • Famous Footwear segment: Net sales decreased 9.6%, with comparable sales down 2.9%
    • Brand Portfolio segment: Net sales decreased 7.2%
  • Direct-to-consumer sales: Represented about 73% of total net sales
  • Gross profit: $275.1 million, with gross margin at 43.0%, down 80 basis points year-over-year
    • Famous Footwear segment gross margin: 42.5%, down 40 basis points
    • Brand Portfolio segment gross margin: 41.6%, down 100 basis points
  • SG&A expenses: 40.9% of net sales, up 180 basis points compared to the prior year, reflecting expense deleverage due to the decline in sales
  • Net earnings: $4.9 million, or earnings per diluted share of $0.15, compared to net earnings of $55.8 million, or earnings per diluted share of $1.57 in the fourth quarter of 2023. Adjusted net earnings were $11.1 million, or adjusted earnings per diluted share of $0.33, compared to adjusted net earnings of $30.8 million, or adjusted earnings per diluted share of $0.86, in the fourth quarter of 2023.

Fiscal Year 2024 Results

(52-weeks ended February 1, 2025, compared to 53-weeks ended February 3, 2024)

  • Net sales: $2.72 billion, down 3.4% from 2023
    • Famous Footwear segment: Net sales declined 3.3%
    • Brand Portfolio segment: Net sales declined 3.5%
    • Direct-to-consumer sales: Represented about 72% of total net sales
  • Gross profit: $1.22 billion with a gross margin of 44.9%, up 10 basis points to 2023
    • Famous Footwear segment gross margin: 44.1%, down 60 basis points to 2023
    • Brand Portfolio segment gross margin: 43.7%, up 80 basis points to 2023
  • SG&A expenses: 39.1% of net sales, up 140 basis points compared to the prior year, reflecting inflationary factors and strategic investments
  • Net earnings: $107.3 million, down $64.1 million from 2023 and adjusted net earnings of $114.6 million, down $34.7 million from 2023
  • Earnings per diluted share of $3.09 as compared with earnings per diluted share of $4.80 in 2023, and adjusted earnings per diluted share of $3.30 versus $4.18 in 2023
  • EBITDA: $206.7 million, or 7.6% of sales, and adjusted EBITDA of $216.6 million or 8.0% of sales
  • Inventory: Up 4.5% compared to 2023
  • Borrowings: Under the asset-based revolving credit facility, borrowings were $219.5 million at the end of the period

Fiscal 2024 & Fourth Quarter Negative Impact from 53rd Week

Fiscal 2024

Fourth Quarter

Consolidated Net Sales

$25.0 million

$30.3 million

Famous Footwear Sales

$18.2 million

$23.5 million

Brand Portfolio Sales

$6.8 million

$6.8 million

 

Capital Allocation Update

During fiscal 2024, Caleres continued to invest in value-driving growth opportunities while at the same time returning $74.7 million in cash to shareholders through our dividend and share repurchases. Subsequent to quarter end, the company announced plans to acquire Stuart Weitzman for $105 million, subject to customary adjustments. The transaction is expected to close in the summer of 2025, and Caleres will fund the acquisition through the company’s revolving credit agreement. Caleres will continue to consider business performance and market conditions as it evaluates all opportunities for free cash flow.

Fiscal 2025 Outlook

Metric

2025 Annual Guidance

Net Sales

Down 1% to Up 1%

Operating Margin

5.1% to 5.6%

Tax Rate

~23%

GAAP EPS

$2.80 to $3.20

Capital Expenditures

$50 to $55 million

First Quarter 2025 Outlook

Metric

First Quarter Guidance

Net Sales

Down 5% to 6%

GAAP EPS

$0.35 to $0.40

Investor Conference Call

Caleres company executives will host a conference call at 10:00 a.m. ET today, Thursday, March 20, 2025. The webcast and associated slides will be available at investor.caleres.com/events-and-presentations. A live conference call will be available at (877) 704-4453 for North America participants or (201) 389-0920 for international participants, no passcode necessary. A replay of the call will be available through Thursday, April 3, 2025, and can be accessed by dialing (844) 512-2921 in North America, or (412) 317-6671 internationally, and using the pin 13751796. A webcast replay will also be archived for a limited period on investor.caleres.com/events-and-presentations.

Definitions

All references in this press release, outside of the condensed consolidated financial statements that follow, unless otherwise noted, related to net earnings attributable to Caleres, Inc. and diluted earnings per common share attributable to Caleres, Inc. shareholders, are presented as net earnings and earnings per diluted share, respectively.

Non-GAAP Financial Measures and Metrics

In this press release, the company’s financial results are provided both in accordance with generally accepted accounting principles (GAAP) and using certain non-GAAP financial measures and metrics. In particular, the company provides earnings before interest, taxes, depreciation and amortization (EBITDA) and estimated and future operating earnings, net earnings and earnings per diluted share, adjusted to exclude certain gains, charges and recoveries, which are non-GAAP financial measures, and the debt to EBITDA leverage ratio, which is a non-GAAP financial metric. These results are included as a complement to results provided in accordance with GAAP because management believes this non-GAAP financial measure and metric help identify underlying trends in the company’s business and provide useful information to both management and investors by excluding certain items that may not be indicative of the company’s core operating results. This measure and metric should not be considered a substitute for or superior to GAAP results.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

This press release contains certain forward-looking statements and expectations regarding the company’s future performance and the performance of its brands. Such statements are subject to various risks and uncertainties that could cause actual results to differ materially. These risks include (i) changes in United States and international trade policies, including tariffs and trade restrictions; (ii) changing consumer demands, which may be influenced by general economic conditions and other factors; (iii) inflationary pressures and supply chain disruptions; (iv) rapidly changing consumer preferences and purchasing patterns and fashion trends; (v) supplier concentration, customer concentration and increased consolidation in the retail industry; (vi) intense competition within the footwear industry; (vii) foreign currency fluctuations; (viii) political and economic conditions or other threats to the continued and uninterrupted flow of inventory from China and other countries, where the company relies heavily on third-party manufacturing facilities for a significant amount of its inventory; (ix) cybersecurity threats or other major disruption to the company’s information technology systems including those related to our ERP upgrade; (x) transitional challenges with acquisitions and divestitures; (xi) the ability to accurately forecast sales and manage inventory levels; (xii) a disruption in the company’s distribution centers; (xiii) the ability to recruit and retain senior management and other key associates; (xiv) the ability to secure/exit leases on favorable terms; (xv) the ability to maintain relationships with current suppliers; (xvi) changes to tax laws, policies and treaties; (xvii) our commitments and shareholder expectations related to responsible business initiatives; (xviii) compliance with applicable laws and standards with respect to labor, trade and product safety issues; and (xix) the ability to attract, retain, and maintain good relationships with licensors and protect our intellectual property rights. The company's reports to the Securities and Exchange Commission contain detailed information relating to such factors, including, without limitation, the information under the caption Risk Factors in Item 1A of the company’s Annual Report on Form 10-K for the year ended February 3, 2024, which information is incorporated by reference herein and updated by the company’s Quarterly Reports on Form 10-Q. The company does not undertake any obligation or plan to update these forward-looking statements, even though its situation may change.

SCHEDULE 1

 

CALERES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited)

 

 

Thirteen Weeks
Ended

 

Fourteen Weeks
Ended

 

Fifty-two
Weeks Ended

 

Fifty-three
Weeks Ended

($ thousands, except per share data)

 

February 1, 2025

 

February 3, 2024

 

February 1, 2025

 

February 3, 2024

Net sales

 

$

639,226

 

 

$

697,123

 

 

$

2,722,683

 

 

$

2,817,294

 

Cost of goods sold

 

 

364,118

 

 

 

391,395

 

 

 

1,500,641

 

 

 

1,554,337

 

Gross profit

 

 

275,108

 

 

 

305,728

 

 

 

1,222,042

 

 

 

1,262,957

 

Selling and administrative expenses

 

 

261,664

 

 

 

272,830

 

 

 

1,065,019

 

 

 

1,062,399

 

Restructuring and other special charges, net

 

 

5,574

 

 

 

2,151

 

 

 

7,167

 

 

 

6,103

 

Operating earnings

 

 

7,870

 

 

 

30,747

 

 

 

149,856

 

 

 

194,455

 

Interest expense, net

 

 

(3,932

)

 

 

(4,103

)

 

 

(13,957

)

 

 

(19,343

)

Other (expense) income, net

 

 

(2,944

)

 

 

1,550

 

 

 

(741

)

 

 

6,210

 

Earnings before income taxes

 

 

994

 

 

 

28,194

 

 

 

135,158

 

 

 

181,322

 

Income tax benefit (provision)

 

 

2,913

 

 

 

27,466

 

 

 

(29,061

)

 

 

(9,490

)

Net earnings

 

 

3,907

 

 

 

55,660

 

 

 

106,097

 

 

 

171,832

 

Net (loss) earnings attributable to noncontrolling interests

 

 

(1,023

)

 

 

(148

)

 

 

(1,158

)

 

 

441

 

Net earnings attributable to Caleres, Inc.

 

$

4,930

 

 

$

55,808

 

 

$

107,255

 

 

$

171,391

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share attributable to Caleres, Inc. shareholders

 

$

0.15

 

 

$

1.57

 

 

$

3.10

 

 

$

4.80

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share attributable to Caleres, Inc. shareholders

 

$

0.15

 

 

$

1.57

 

 

$

3.09

 

 

$

4.80

 

SCHEDULE 2

 

CALERES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS

 

 

 

(Unaudited)

($ thousands)

 

February 1, 2025

 

February 3, 2024

ASSETS

 

 

 

 

 

 

Cash and cash equivalents

 

$

29,636

 

$

21,358

Receivables, net

 

 

155,905

 

 

140,400

Inventories, net

 

 

565,241

 

 

540,674

Property and equipment, held for sale

 

 

16,777

 

 

16,777

Prepaid expenses and other current assets

 

 

68,950

 

 

69,700

Total current assets

 

 

836,509

 

 

788,909

 

 

 

 

 

 

 

Lease right-of-use assets

 

 

564,330

 

 

528,029

Property and equipment, net

 

 

175,213

 

 

167,583

Goodwill and intangible assets, net

 

 

192,274

 

 

203,310

Other assets

 

 

126,428

 

 

116,915

Total assets

 

$

1,894,754

$

1,804,746

 

 

 

 

 

 

LIABILITIES AND EQUITY

 

 

 

 

Borrowings under revolving credit agreement

 

$

219,500

 

$

182,000

Trade accounts payable

 

 

237,038

 

 

251,912

Lease obligations

 

 

127,522

 

 

112,764

Other accrued expenses

 

 

173,873

 

 

196,280

Total current liabilities

 

 

757,933

 

 

742,956

 

 

 

 

 

 

 

Noncurrent lease obligations

 

 

479,524

 

 

453,097

Other liabilities

 

 

51,348

 

 

41,123

Total other liabilities

 

 

530,872

 

 

494,220

 

 

 

 

 

 

 

Total Caleres, Inc. shareholders’ equity

 

 

599,024

 

 

560,631

Noncontrolling interests

 

 

6,925

 

 

6,939

Total equity

 

 

605,949

 

 

567,570

Total liabilities and equity

 

$

1,894,754

 

$

1,804,746

 

SCHEDULE 3

 

CALERES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

 

 

 

(Unaudited)

 

 

Fifty-two
Weeks Ended

 

Fifty-three
Weeks Ended

($ thousands)

 

February 1, 2025

 

February 3, 2024

OPERATING ACTIVITIES:

 

 

 

 

 

 

Net cash provided by operating activities

 

$

104,562

 

 

$

200,151

 

 

 

 

 

 

 

 

INVESTING ACTIVITIES:

 

 

 

 

 

 

Purchases of property and equipment

 

 

(49,147

)

 

 

(44,584

)

Capitalized software

 

 

(2,539

)

 

 

(5,034

)

Net cash used for investing activities

 

 

(51,686

)

 

 

(49,618

)

 

 

 

 

 

 

 

FINANCING ACTIVITIES:

 

 

 

 

 

 

Borrowings under revolving credit agreement

 

 

639,868

 

 

 

532,500

 

Repayments under revolving credit agreement

 

 

(602,368

)

 

 

(658,000

)

Dividends paid

 

 

(9,694

)

 

 

(9,954

)

Acquisition of treasury stock

 

 

(65,039

)

 

 

(17,445

)

Issuance of common stock under share-based plans, net

 

 

(9,276

)

 

 

(11,094

)

Contributions by noncontrolling interests

 

 

2,000

 

 

 

1,000

 

Net cash used for financing activities

 

 

(44,509

)

 

 

(162,993

)

Effect of exchange rate changes on cash and cash equivalents

 

 

(89

)

 

 

118

 

Increase (decrease) in cash and cash equivalents

 

 

8,278

 

 

 

(12,342

)

Cash and cash equivalents at beginning of period

 

 

21,358

 

 

 

33,700

 

Cash and cash equivalents at end of period

 

$

29,636

 

 

$

21,358

 

SCHEDULE 4

 

CALERES, INC.
RECONCILIATION OF NET EARNINGS AND DILUTED EARNINGS PER SHARE (GAAP BASIS) TO
ADJUSTED NET EARNINGS AND ADJUSTED DILUTED EARNINGS PER SHARE (NON-GAAP BASIS)
 

 

 

(Unaudited)

 

 

Thirteen Weeks Ended

 

Fourteen Weeks Ended

 

 

February 1, 2025

 

February 3, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-Tax

 

Net Earnings

 

 

 

 

Pre-Tax

 

Net Earnings

 

 

 

 

Impact of

 

Attributable

 

 

Diluted

 

Impact of

 

Attributable

 

Diluted

 

 

Charges/Other

 

to Caleres,

 

 

Earnings

 

Charges/Other

 

to Caleres,

 

Earnings

($ thousands, except per share data)

 

Items

 

Inc.

 

 

Per Share

 

Items

 

Inc.

 

Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GAAP earnings

 

 

 

 

$

4,930

 

$

0.15

 

 

 

 

$

55,808

 

 

$

1.57

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Charges/other items:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exit of Naturalizer retail store operations

 

$

4,216

 

 

3,131

 

 

0.09

 

 

 

 

 

 

 

 

Restructuring costs

 

 

1,359

 

 

1,009

 

 

0.03

 

 

 

 

 

 

 

 

Pension settlement cost

 

 

2,716

 

 

2,017

 

 

0.06

 

 

 

 

 

 

 

 

Deferred tax valuation allowances adjustment

 

 

 

 

 

 

 

$

 

 

(26,654

)

 

 

(0.76

)

Expense reduction initiatives

 

 

 

 

 

 

 

 

2,151

 

 

1,597

 

 

 

0.05

 

Total charges/other items

 

$

8,291

 

$

6,157

 

$

0.18

 

$

2,151

 

$

(25,057

)

 

$

(0.71

)

Adjusted earnings

 

 

 

 

$

11,087

 

$

0.33

 

 

 

 

$

30,751

 

 

$

0.86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited)

 

 

Fifty-two Weeks Ended

 

Fifty-three Weeks Ended

 

 

February 1, 2025

 

February 3, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-Tax

 

Net Earnings

 

 

 

Pre-Tax

 

Net Earnings

 

 

 

 

Impact of

 

Attributable

 

Diluted

 

Impact of

 

Attributable

 

Diluted

 

 

Charges/Other

 

to Caleres,

 

Earnings

 

Charges/Other

 

to Caleres,

 

Earnings

($ thousands, except per share data)

 

Items

 

Inc.

 

Per Share

 

Items

 

Inc.

 

Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GAAP earnings

 

 

 

 

$

107,255

 

$

3.09

 

 

 

 

$

171,391

 

 

$

4.80

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Charges/other items:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exit of Naturalizer retail store operations

 

$

4,216

 

 

3,131

 

 

0.09

 

$

 

 

 

 

 

 

Restructuring costs

 

 

2,951

 

 

2,192

 

 

0.06

 

 

 

 

 

 

 

 

Pension settlement cost

 

 

2,716

 

 

2,017

 

 

0.06

 

 

 

 

 

 

 

 

Deferred tax valuation allowances adjustment

 

 

 

 

 

 

 

 

 

(26,654

)

 

 

(0.75

)

Expense reduction initiatives

 

 

 

 

 

 

 

 

6,103

 

 

4,532

 

 

 

0.13

 

Total charges/other items

 

$

9,883

 

$

7,340

 

$

0.21

 

$

6,103

 

$

(22,122

)

 

$

(0.62

)

Adjusted earnings

 

 

 

 

$

114,595

 

$

3.30

 

 

 

 

$

149,269

 

 

$

4.18

 

SCHEDULE 5

 

CALERES, INC.

SUMMARY FINANCIAL RESULTS BY SEGMENT

SUMMARY FINANCIAL RESULTS

 

 

(Unaudited)

 

 

 

Famous Footwear

 

Brand Portfolio

 

Eliminations and Other

 

Consolidated

 

 

 

13 weeks ended

 

14 weeks ended

 

13 weeks ended

 

14 weeks ended

 

13 weeks ended

 

14 weeks ended

 

13 weeks ended

 

14 weeks ended

 

 

 

February 1,

 

February 3,

 

February 1,

 

February 3,

 

February 1,

 

February 3,

 

February 1,

 

February 3,

 

($ thousands)

 

2025

 

 

2024

 

 

2025

 

2024

 

 

2025

 

 

2024

 

 

2025

 

2024

 

Net sales

 

$

358,351

 

 

$

396,227

 

 

$

300,318

 

$

323,689

 

 

$

(19,443

)

 

$

(22,793

)

 

$

639,226

 

$

697,123

 

Gross profit

 

 

152,461

 

 

 

170,129

 

 

 

125,041

 

 

137,868

 

 

 

(2,393

)

 

 

(2,269

)

 

 

275,109

 

 

305,728

 

Gross margin

 

 

42.5

%

 

 

42.9

%

 

 

41.6

%

 

42.6

%

 

 

12.3

%

 

 

10.0

%

 

 

43.0

%

 

43.9

%

Operating earnings (loss)

 

 

6,267

 

 

 

19,551

 

 

 

23,026

 

 

37,751

 

 

 

(21,423

)

 

 

(26,555

)

 

 

7,870

 

 

30,747

 

Adjusted operating earnings (loss)

 

 

6,713

 

 

 

19,551

 

 

 

28,277

 

 

38,634

 

 

 

(21,546

)

 

 

(25,287

)

 

 

13,444

 

 

32,898

 

Operating margin

 

 

1.7

%

 

 

4.9

%

 

 

7.7

%

 

11.7

%

 

 

n/m

%

 

 

n/m

%

 

 

1.2

%

 

4.4

%

Adjusted operating earnings %

 

 

1.9

%

 

 

4.9

%

 

 

9.4

%

 

11.9

%

 

 

n/m

%

 

 

n/m

%

 

 

2.1

%

 

4.7

%

Comparable sales % (on a 13-week basis)

 

 

(2.9

)%

 

(5.9

)%

 

 

0.5

%

 

(3.8

)%

 

 

%

 

 

%

 

 

%

 

%

Company-operated stores, end of period

 

 

846

 

 

 

860

 

 

 

114

 

 

98

 

 

 

 

 

 

 

 

 

960

 

 

958

 

 

n/m – Not meaningful

RECONCILIATION OF ADJUSTED RESULTS (NON-GAAP)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited)

 

 

Famous Footwear

 

Brand Portfolio

 

Eliminations and Other

 

Consolidated

 

 

13 weeks ended

 

14 weeks ended

 

13 weeks ended

 

14 weeks ended

 

13 weeks ended

 

14 weeks ended

 

13 weeks ended

 

14 weeks ended

 

 

February 1,

 

February 3,

 

February 1,

 

February 3,

 

February 1,

 

February 3,

 

February 1,

 

February 3,

($ thousands)

 

2025

 

2024

 

2025

 

2024

 

2025

 

 

2024

 

 

2025

 

2024

Operating earnings (loss)

 

$

6,267

 

$

19,551

 

$

23,026

 

$

37,751

 

$

(21,423

)

 

$

(26,555

)

 

$

7,870

 

$

30,747

Charges/Other Items:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restructuring costs

 

 

446

 

 

 

 

5,251

 

 

 

 

(123

)

 

 

 

 

 

5,574

 

 

Expense reduction initiatives

 

 

 

 

 

 

 

 

883

 

 

 

 

 

1,268

 

 

 

 

 

2,151

Total charges/other items

 

 

446

 

 

 

 

5,251

 

 

883

 

 

(123

)

 

 

1,268

 

 

 

5,574

 

 

2,151

Adjusted operating earnings (loss)

 

$

6,713

 

$

19,551

 

$

28,277

 

$

38,634

 

$

(21,546

)

 

$

(25,287

)

 

$

13,444

 

$

32,898

SCHEDULE 5

 

CALERES, INC.

SUMMARY FINANCIAL RESULTS BY SEGMENT

SUMMARY FINANCIAL RESULTS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited)

 

 

 

Famous Footwear

Brand Portfolio

Eliminations and Other

Consolidated

 

 

 

52 weeks ended

53 weeks ended

52 weeks ended

53 weeks ended

52 weeks ended

53 weeks ended

52 weeks ended

53 weeks ended

 

 

 

February 1,

February 3,

February 1,

February 3,

February 1,

February 3,

February 1,

February 3,

 

($ thousands)

 

2025

 

2024

 

2025

 

2024

 

2025

 

2024

 

2025

 

2024

Net sales

 

$

1,556,456

 

$

1,609,396

 

$

1,225,963

 

$

1,270,853

 

$

(59,736

)

$

(62,955

)

$

2,722,683

 

$

2,817,294

 

Gross profit

 

 

686,627

 

 

719,549

 

 

536,295

 

 

546,005

 

 

(880

)

 

(2,597

)

 

1,222,042

 

 

1,262,957

 

Gross profit rate

 

 

44.1

%

 

44.7

%

 

43.7

%

 

43.0

%

 

1.5

%

 

4.1

%

 

44.9

%

 

44.8

%

Operating earnings (loss)

 

 

87,076

 

 

123,838

 

 

122,122

 

 

145,459

 

 

(59,342

)

 

(74,842

)

 

149,856

 

 

194,455

 

Adjusted operating earnings (loss)

 

 

87,715

 

 

125,204

 

128,465

 

 

148,067

 

 

(59,157

)

 

(72,713

)

 

157,023

 

 

200,558

 

Operating earnings %

 

 

5.6

%

 

7.7

%

 

10.0

%

 

11.4

%

 

n/m

%

 

n/m

%

 

5.5

%

 

6.9

%

Adjusted operating earnings %

 

 

5.6

%

 

7.8

%

 

10.5

%

 

11.7

%

 

n/m

%

 

n/m

%

 

5.8

%

 

7.1

%

Comparable sales % (on a 52-week basis)

 

 

(1.3

)%

 

(6.3

)%

0.3

%

 

1.3

%

 

%

 

%

 

%

 

%

Company-operated stores, end of period

 

 

846

 

 

860

 

114

 

 

98

 

 

 

 

 

 

960

 

 

958

 

 

n/m – Not meaningful

RECONCILIATION OF ADJUSTED RESULTS (NON-GAAP)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited)

 

 

Famous Footwear

 

Brand Portfolio

 

Eliminations and Other

 

Consolidated

 

 

52 weeks ended

 

53 weeks ended

 

52 weeks ended

 

53 weeks ended

 

52 weeks ended

 

53 weeks ended

 

52 weeks ended

 

53 weeks ended

 

 

February 1,

 

February 3,

 

February 1,

 

February 3,

 

February 1,

 

February 3,

 

February 1,

 

February 3,

($ thousands)

 

2025

 

2024

 

2025

 

2024

 

2025

 

 

2024

 

 

2025

 

2024

Operating earnings (loss)

 

$

87,076

 

$

123,838

 

$

122,122

 

$

145,459

 

$

(59,342

)

 

$

(74,842

)

 

$

149,856

 

$

194,455

Charges/Other Items:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restructuring costs

 

 

639

 

 

 

 

6,343

 

 

 

 

185

 

 

 

 

 

 

7,167

 

 

Expense reduction initiatives

 

 

 

 

1,366

 

 

 

 

2,608

 

 

 

 

 

2,129

 

 

 

 

 

6,103

Total charges/other items

 

 

639

 

 

1,366

 

 

6,343

 

 

2,608

 

 

185

 

 

 

2,129

 

 

 

7,167

 

 

6,103

Adjusted operating earnings (loss)

 

$

87,715

 

$

125,204

 

$

128,465

 

$

148,067

 

$

(59,157

)

 

$

(72,713

)

 

$

157,023

 

$

200,558

SCHEDULE 6

 

CALERES, INC.
BASIC AND DILUTED EARNINGS PER SHARE RECONCILIATION

 

 

 

(Unaudited)

 

 

Thirteen Weeks Ended

 

Fourteen Weeks Ended

 

Fifty-two Weeks Ended

 

Fifty-three Weeks Ended

 

 

February 1,

 

February 3,

 

February 1,

 

February 3,

 

 

2025

 

2024

 

2025

 

2024

($ thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to Caleres, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

3,907

 

 

$

55,660

 

 

$

106,097

 

 

$

171,832

 

Net loss (earnings) attributable to noncontrolling interests

 

 

1,023

 

 

 

148

 

 

 

1,158

 

 

 

(441

)

Net earnings attributable to Caleres, Inc.

 

 

4,930

 

 

 

55,808

 

 

 

107,255

 

 

 

171,391

 

Net earnings allocated to participating securities

 

 

(165

)

 

 

(2,414

)

 

 

(3,839

)

 

 

(7,517

)

Net earnings attributable to Caleres, Inc. after allocation of earnings to participating securities

 

$

4,765

 

 

$

53,394

 

 

$

103,416

 

 

$

163,874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted common shares attributable to Caleres, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

Basic common shares

 

 

32,477

 

 

 

33,965

 

 

 

33,397

 

 

 

34,142

 

Dilutive effect of share-based awards

 

 

147

 

 

 

115

 

 

 

116

 

 

 

10

 

Diluted common shares attributable to Caleres, Inc.

 

 

32,624

 

 

 

34,080

 

 

 

33,513

 

 

 

34,152

 

 

 

 

 

 

Basic earnings per common share attributable to Caleres, Inc. shareholders

 

$

0.15

 

 

$

1.57

 

 

$

3.10

 

 

$

4.80

 

 

 

 

 

Diluted earnings per common share attributable to Caleres, Inc. shareholders

 

$

0.15

 

 

$

1.57

 

 

$

3.09

 

 

$

4.80

 

 

SCHEDULE 7

 

CALERES, INC.
BASIC AND DILUTED ADJUSTED EARNINGS PER SHARE RECONCILIATION

 

 

 

(Unaudited)

 

 

Thirteen Weeks Ended

 

Fourteen Weeks Ended

 

Fifty-Two Weeks Ended

 

Fifty-Three Weeks Ended

 

 

February 1,

 

February 3,

 

February 1,

 

February 3,

 

 

2025

 

2024

 

2025

 

2024

($ thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted net earnings attributable to Caleres, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted net earnings

 

$

10,064

 

 

$

30,603

 

 

$

113,437

 

 

$

149,710

 

Net loss (earnings) attributable to noncontrolling interests

 

 

1,023

 

 

 

148

 

 

 

1,158

 

 

 

(441

)

Adjusted net earnings attributable to Caleres, Inc.

 

 

11,087

 

 

 

30,751

 

 

 

114,595

 

 

 

149,269

 

Net earnings allocated to participating securities

 

 

(377

)

 

 

(1,324

)

 

 

(4,106

)

 

 

(6,537

)

Adjusted net earnings attributable to Caleres, Inc. after allocation of earnings to participating securities

 

$

10,710

 

 

$

29,427

 

 

$

110,489

 

 

$

142,732

 

 

 

 

 

 

Basic and diluted common shares attributable to Caleres, Inc.:

 

 

 

 

 

 

 

 

 

 

Basic common shares

 

 

32,477

 

 

 

33,965

 

 

 

33,397

 

 

 

34,142

 

Dilutive effect of share-based awards

 

 

147

 

 

 

115

 

 

 

116

 

 

 

10

 

Diluted common shares attributable to Caleres, Inc.

 

 

32,624

 

 

 

34,080

 

 

 

33,513

 

 

 

34,152

 

 

 

 

 

 

 

 

 

 

 

Basic adjusted earnings per common share attributable to Caleres, Inc. shareholders

 

$

0.33

 

 

$

0.87

 

 

$

3.31

 

 

$

4.18

 

 

 

 

 

 

 

 

 

 

Diluted adjusted earnings per common share attributable to Caleres, Inc. shareholders

 

$

0.33

 

 

$

0.86

 

 

$

3.30

 

 

$

4.18

 

SCHEDULE 8

 

CALERES, INC.
CALCULATION OF EBITDA AND DEBT/EBITDA LEVERAGE RATIO (NON-GAAP METRICS)

 

 

 

(Unaudited)

 

 

Thirteen Weeks Ended

 

 

Fourteen Weeks Ended

 

($ thousands)

 

February 1, 2025

 

February 3, 2024

EBITDA:

 

 

 

 

 

 

 

 

Net earnings attributable to Caleres, Inc.

 

$

4,930

 

 

$

55,808

 

Income tax provision

 

 

(2,913)

 

 

 

(27,466)

 

Interest expense, net

 

 

3,932

 

 

 

4,103

 

Depreciation and amortization (1)

 

 

14,756

 

 

14,875

 

EBITDA

 

$

20,705

 

$

47,320

 

 

 

 

 

 

 

 

 

 

EBITDA margin

 

 

3.2

%

 

 

6.8

%

 

 

 

 

 

 

 

 

 

Adjusted EBITDA:

 

 

 

 

 

 

 

 

Adjusted net earnings attributable to Caleres, Inc. (2)

 

$

11,087

 

 

$

30,751

 

Income tax provision (3)

 

 

(779)

 

 

 

(258)

 

Interest expense, net

 

 

3,932

 

 

 

4,103

 

Depreciation and amortization (1)

 

 

14,756

 

 

 

14,875

 

Adjusted EBITDA

 

$

28,996

 

 

$

49,471

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA margin

 

 

4.5

%

 

 

7.1

%

 

 

 

(Unaudited)

 

 

Trailing Twelve Months Ended

($ thousands)

 

February 1, 2025

 

February 3, 2024

EBITDA:

 

 

 

 

 

 

 

 

Net earnings attributable to Caleres, Inc.

 

$

107,255

 

 

$

171,391

 

Income tax provision

 

 

29,061

 

 

 

9,490

 

Interest expense, net

 

 

13,957

 

 

 

19,343

 

Depreciation and amortization (1)

 

 

56,428

 

 

 

53,280

 

EBITDA

 

$

206,701

 

 

$

253,504

 

 

 

 

 

 

 

 

 

 

EBITDA margin

 

 

7.6

%

 

 

9.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA:

 

 

 

 

 

 

 

 

Adjusted net earnings attributable to Caleres, Inc. (2)

 

$

114,595

 

 

$

149,269

 

Income tax provision (3)

 

 

31,604

 

 

 

37,715

 

Interest expense, net

 

 

13,957

 

 

 

19,343

 

Depreciation and amortization (1)

 

 

56,428

 

 

 

53,280

 

Adjusted EBITDA

 

$

216,584

 

 

$

259,607

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA margin

 

 

8.0

%

 

 

9.2

%

 

 

 

 

 

 

 

 

 

 

 

(Unaudited)

($ thousands)

 

February 1, 2025

 

February 3, 2024

Debt/EBITDA leverage ratio:

 

 

 

 

 

 

 

 

Borrowings under revolving credit agreement (4)

 

$

219,500

 

 

$

182,000

 

EBITDA (trailing twelve months)

 

 

206,701

 

 

 

253,504

 

Debt/EBITDA

 

 

1.1

 

 

 

0.7

 

_____________________

(1)

 

Includes depreciation and amortization of capitalized software and intangible assets.

(2)

 

Refer to Schedule 4 for the consolidated reconciliation of net earnings attributable to Caleres, Inc. to adjusted net earnings attributable to Caleres, Inc.

(3)

 

Excludes the income tax impacts of the adjustments on Schedule 4.

(4)

 

Total availability under the revolving credit agreement was $272.3 million and $308.5 million as of February 1, 2025 and February 3, 2024, respectively. Total liquidity, which includes cash and cash equivalents and availability under the revolving credit agreement, was $301.9 million and $329.9 million for the respective periods.

 

Investor Contact:

Liz Dunn

ldunn@caleres.com

Source: Caleres

FAQ

What were Caleres (CAL) Q4 2024 earnings per share?

Caleres reported Q4 2024 earnings of $0.15 per diluted share, with adjusted earnings of $0.33 per diluted share.

How much did Caleres (CAL) return to shareholders in fiscal 2024?

Caleres returned $74.7 million to shareholders through share repurchases and quarterly dividends in fiscal 2024.

What is Caleres' (CAL) sales guidance for fiscal 2025?

Caleres expects fiscal 2025 consolidated net sales to be between -1% to +1% compared to fiscal 2024.

How much did Caleres' (CAL) Famous Footwear segment sales decline in Q4 2024?

Famous Footwear segment sales decreased 9.6% in Q4 2024, with comparable sales down 2.9%.

What percentage of Caleres' (CAL) total sales came from direct-to-consumer in 2024?

Direct-to-consumer sales represented approximately 73% of Caleres' total net sales in Q4 2024.
Caleres Inc

NYSE:CAL

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516.41M
32.17M
3.29%
96%
13.73%
Apparel Retail
Footwear, (no Rubber)
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United States
ST LOUIS