---
schema_version: "secwatch.filing_event.v1"
accession: "0000014707-24-000019"
form_type: "8-K"
ticker: "CAL"
cik: "0000014707"
company_name: "CALERES INC"
filed_at: "2024-05-30T23:59:59+00:00"
generated_at: "2026-06-01T07:22:34.106567+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Caleres Q1 EPS $0.88 beats expectations; record gross margin 46.9%

## Summary
- Net sales $659.2M, down 0.5% YoY; diluted EPS $0.88 vs $0.97 prior year.
- Record Q1 consolidated gross margin 46.9%, up 120 bps; Brand Portfolio gross margin up 240 bps.
- Famous Footwear sales flat, comps down 2.3%; Kids category sales and market share up significantly.
- Reaffirms FY2024: EPS $4.30-$4.60, net sales flat to up 2%; Q2 EPS guidance $1.20-$1.25.
- Repurchased 416K shares for $15.1M; borrowings down ~$100M YoY to $191M.

## SEC filing metadata
- accession: 0000014707-24-000019
- form_type: 8-K
- ticker: CAL
- cik: 0000014707
- company_name: CALERES INC
- filed_at: 2024-05-30T23:59:59+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/14707/000001470724000019/0000014707-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14707/000001470724000019/cal-20240530x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014707-24-000019
- JSON: https://secwatch.observer/filing/0000014707-24-000019.json
- Plain text: https://secwatch.observer/filing/0000014707-24-000019.txt

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