---
schema_version: "secwatch.filing_event.v1"
accession: "0000014707-21-000063"
form_type: "8-K"
ticker: "CAL"
cik: "0000014707"
company_name: "CALERES INC"
filed_at: "2021-11-18T23:59:59+00:00"
generated_at: "2026-06-28T06:56:57.013492+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Caleres Q3 net sales up 21.1% to $784.2M; EPS $1.54; raises FY adjusted EPS guidance to $3.80-$3.90

## Summary
- Net sales $784.2M (+21.1% YoY); net income $59.6M ($1.54 diluted EPS) vs $14.4M ($0.38) last year.
- Famous Footwear segment sales up 26.3%; direct-to-consumer represented 73.5% of total net sales.
- Adjusted EPS $1.59; company raises FY 2021 adjusted EPS guidance to $3.80-$3.90.
- Gross margin improved 308 bps to 42.8%; inventory up 7.1% YoY with in-transit inventory 3.1x higher.
- Ended Q3 with $74.8M cash, $274.6M short-term debt; plans to redeem remaining $100M senior notes in Jan 2022.

## SEC filing metadata
- accession: 0000014707-21-000063
- form_type: 8-K
- ticker: CAL
- cik: 0000014707
- company_name: CALERES INC
- filed_at: 2021-11-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14707/000001470721000063/0000014707-21-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14707/000001470721000063/cal-20211118x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014707-21-000063
- JSON: https://secwatch.observer/filing/0000014707-21-000063.json
- Plain text: https://secwatch.observer/filing/0000014707-21-000063.txt

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