---
schema_version: "secwatch.filing_event.v1"
accession: "0000014707-24-000006"
form_type: "8-K"
ticker: "CAL"
cik: "0000014707"
company_name: "CALERES INC"
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T13:14:22.413096+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Caleres Q4 adjusted EPS $0.86 (+32% YoY); Brand Portfolio sales up 4.5%; FY2024 EPS guidance $4.30-$4.60

## Summary
- Q4 adjusted EPS $0.86 (up 32% YoY); GAAP EPS $1.57 includes $0.76 deferred tax benefit.
- Net sales $697.1M (+0.1% YoY); Brand Portfolio sales up 4.5%, Famous Footwear down 1.5% (comps -5.9%).
- Brand Portfolio delivered record Q4 adjusted operating earnings; gross margin improved 660 bps to 42.6%.
- FY2023 net sales $2.82B (-5.1%); adjusted EPS $4.18 (down from $4.52); revolver borrowings reduced $125.5M in year.
- FY2024 guidance: net sales flat to up 2%, EPS $4.30-$4.60; Q1 EPS expected in line with Q4 adjusted.

## SEC filing metadata
- accession: 0000014707-24-000006
- form_type: 8-K
- ticker: CAL
- cik: 0000014707
- company_name: CALERES INC
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14707/000001470724000006/0000014707-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14707/000001470724000006/cal-20240319x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014707-24-000006
- JSON: https://secwatch.observer/filing/0000014707-24-000006.json
- Plain text: https://secwatch.observer/filing/0000014707-24-000006.txt

## Key facts
- Earnings Releases
  CALERES INC reported quarter ended February 3, 2024 results: revenue $697.1 million, net income $55.8 million, EPS $1.57 per diluted share.
  - Period: quarter ended February 3, 2024
  - Revenue: $697.1 million
  - Net income: $55.8 million
  - EPS: $1.57 per diluted share
  - Result: reported results
  source text: and create sustained value for our shareholders.” ​ Fourth Quarter 2023 Results ( 14-weeks ended February 3, 2024, compared to 13-weeks ended January 28, 2023) ● Net sales were $697.1 million, up 0.1 percent from the fourth quarter of 2022; ‒ Famous Footwear segment net sales declined 1.5 percent, with comparable sales down 5.9 percent on a 13-week basis 1 ‒ Brand
  evidence_url: https://www.sec.gov/Archives/edgar/data/14707/000001470724000006/0000014707-24-000006-index.htm
- Earnings Releases
  CALERES INC reported fiscal 2024 results: EPS $4.30 to $4.60 per diluted share. Guidance initiated.
  - Period: fiscal 2024
  - EPS: $4.30 to $4.60 per diluted share
  - Guidance: initiated
  - Result: guidance update
  source text: Expects fiscal 2024 earnings per share of $4.30 to $4.60
  evidence_url: https://www.sec.gov/Archives/edgar/data/14707/000001470724000006/0000014707-24-000006-index.htm
- Earnings Releases
  CALERES INC reported fiscal year ended February 3, 2024 results: revenue $2.82 billion, net income $171.4 million, EPS $4.80 per diluted share.
  - Period: fiscal year ended February 3, 2024
  - Revenue: $2.82 billion
  - Net income: $171.4 million
  - EPS: $4.80 per diluted share
  - Result: reported results
  source text: share of $0.65 in the fourth quarter of fiscal 2022. ​ Fiscal Year 2023 Results ( 53-weeks ended February 3, 2024, compared to 52-weeks ended January 28, 2023) ● Net sales were $2.82 billion, down 5.1 percent from fiscal 2022; ‒ Famous Footwear segment net sales declined 5.6 percent, with comparable sales down 6.3 percent on a 52-week basis ‒ Brand Portfolio segment
  evidence_url: https://www.sec.gov/Archives/edgar/data/14707/000001470724000006/0000014707-24-000006-index.htm

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