---
schema_version: "secwatch.filing_event.v1"
accession: "0000014707-21-000048"
form_type: "8-K"
ticker: "CAL"
cik: "0000014707"
company_name: "CALERES INC"
filed_at: "2021-08-31T23:59:59+00:00"
generated_at: "2026-06-29T06:43:27.299281+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Caleres Q2 beats with $1.19 adjusted EPS; guides FY21 adj. EPS $3.25-$3.50

## Summary
- Net sales $675.5M (+34.7% YoY); net income $37.4M ($0.97 EPS) vs loss of $30.7M prior year.
- Adjusted EPS $1.19 (vs adj. loss $0.57 prior year); all-time record quarterly earnings.
- Famous Footwear record quarterly operating earnings exceeding full year 2019; gross margin ~50%.
- Paid down $100M debt; credit facility borrowings reduced to $100M; total debt reduction $340M since early 2020.
- FY2021 adj. EPS guidance $3.25-$3.50; Q3 adj. EPS guidance $1.10-$1.25.

## SEC filing metadata
- accession: 0000014707-21-000048
- form_type: 8-K
- ticker: CAL
- cik: 0000014707
- company_name: CALERES INC
- filed_at: 2021-08-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14707/000001470721000048/0000014707-21-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14707/000001470721000048/cal-20210831x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014707-21-000048
- JSON: https://secwatch.observer/filing/0000014707-21-000048.json
- Plain text: https://secwatch.observer/filing/0000014707-21-000048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.