---
schema_version: "secwatch.filing_event.v1"
accession: "0000014707-25-000032"
form_type: "8-K"
ticker: "CAL"
cik: "0000014707"
company_name: "CALERES INC"
filed_at: "2025-05-29T23:59:59+00:00"
generated_at: "2026-05-20T05:42:52.805100+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Caleres Q1 EPS $0.21 vs $0.88 YoY; sales down 6.8%; suspends guidance

## Summary
- Net sales $614.2M, down 6.8% YoY; Famous Footwear comps down 4.6%.
- Reported EPS $0.21; adjusted EPS $0.22, well below last year's $0.88.
- Gross margin 45.4%, down 150 bps; inventory up 8.1% vs Q1 2024.
- Announces $15M annualized SG&A cost cuts; expects $7.5M savings in fiscal 2025.
- Suspends fiscal 2025 guidance citing market uncertainty; targeting China sourcing under 10% in H2.

## SEC filing metadata
- accession: 0000014707-25-000032
- form_type: 8-K
- ticker: CAL
- cik: 0000014707
- company_name: CALERES INC
- filed_at: 2025-05-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/14707/000001470725000032/0000014707-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14707/000001470725000032/cal-20250529x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014707-25-000032
- JSON: https://secwatch.observer/filing/0000014707-25-000032.json
- Plain text: https://secwatch.observer/filing/0000014707-25-000032.txt

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