secwatch.observer — SEC 8-K summary
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Issuer:     CALERES INC (CAL)
CIK:        0000014707
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0000014707-26-000006
Event type: leadership
Sentiment:  negative
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Calandra departs; Dan Karpel interim CFO; Saks bankruptcy risks Q4 EPS up to $0.06.
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- Jack Calandra, SVP and CFO, steps down Jan 15, 2026; employment ends Jan 30; departure not due to any disagreement.
- Dan Karpel (SVP, CAO) appointed interim CFO effective Jan 21; external search for permanent successor underway.
- Saks Global bankruptcy could reduce Q4 diluted EPS by up to $0.06; potential restructuring charges not previously guided.
- Excluding those impacts, Q4 and fiscal 2025 sales and EPS outlook remain in line with Dec 9, 2025 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14707/000001470726000006/0000014707-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14707/000001470726000006/cal-20260115x8k.htm
  HTML page:      https://secwatch.observer/filing/0000014707-26-000006

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