---
schema_version: "secwatch.filing_event.v1"
accession: "0000014707-24-000048"
form_type: "8-K"
ticker: "CAL"
cik: "0000014707"
company_name: "CALERES INC"
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T07:12:13.471585+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Caleres Q3 adj. EPS $1.23; sales down 2.8%; FY2024 EPS guidance cut 13%

## Summary
- Q3 net sales $740.9M, down 2.8% YoY; Famous Footwear sales -4.8%, Brand Portfolio +0.7%.
- Reported EPS $1.19; adjusted EPS $1.23, down from $1.37 YoY; gross margin 44.1% (-55bps).
- FY2024 guidance cut: net sales now down 2.5-3%; GAAP EPS $3.35-$3.45 (prior $3.94-$4.09).
- Adjusted EPS guidance lowered to $3.45-$3.55 from $4.00-$4.15; cites soft boot demand and late athletic receipts.
- Repurchased 1.5M shares for $50M; expects borrowings under ABL to be <$100M by end 2026.

## SEC filing metadata
- accession: 0000014707-24-000048
- form_type: 8-K
- ticker: CAL
- cik: 0000014707
- company_name: CALERES INC
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/14707/000001470724000048/0000014707-24-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14707/000001470724000048/cal-20241205x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014707-24-000048
- JSON: https://secwatch.observer/filing/0000014707-24-000048.json
- Plain text: https://secwatch.observer/filing/0000014707-24-000048.txt

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