secwatch.observer — SEC 8-K summary
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Issuer:     CALERES INC (CAL)
CIK:        0000014707
Form:       8-K
Filed at:   2025-09-04T23:59:59+00:00
Accession:  0000014707-25-000053
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caleres Q2 EPS $0.20 ($0.35 adj); sales $658.5M, down 3.6%; acquires Stuart Weitzman
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- Consolidated sales $658.5M (-3.6% YoY); reported EPS $0.20, adjusted EPS $0.35 (both incl. $0.07 discrete tax benefit).
- Famous Footwear sales -4.9%, comps -3.4%; Brand Portfolio sales -3.5%. Gross margin 43.4% (-210bps).
- Achieved $15M annualized cost savings; amended credit facility extended to June 2030 with $700M capacity.
- Completed Stuart Weitzman acquisition after Q2; fiscal 2025 annual guidance suspended.
- August trends: Famous Footwear comps +1%, Brand Portfolio ex-Stuart Weitzman up low-single digits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14707/000001470725000053/0000014707-25-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14707/000001470725000053/cal-20250904x8k.htm
  HTML page:      https://secwatch.observer/filing/0000014707-25-000053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer