CALERES INC 8K

Caleres reported stronger-than-expected Q2 2026 earnings driven by Brand Portfolio growth and tariff refunds, while issuing guidance for modest sales growth and higher profitability for Q3 and full-year 2026.

On September 9, 2026, Caleres, Inc. reported its financial results for the second quarter of 2026, announcing net sales of $695.5 million (up 5.6% year-over-year), a significant GAAP gross margin expansion to 54.8% largely driven by $55.6 million in tariff refunds, and GAAP diluted EPS of $1.71 versus $0.20 in the prior-year period, with adjusted diluted EPS of $0.47 versus $0.35. The company highlighted strong, broad-based growth and margin expansion within its Brand Portfolio segment—including international and the Stuart Weitzman acquisition—offset by a 6.3% sales decline and 5.9% comparable sales decline at Famous Footwear, and noted market share gains in total footwear and women’s fashion footwear. Caleres also provided forward guidance, expecting low-single-digit consolidated net sales growth and GAAP diluted EPS of $0.62 to $0.70 for the third quarter of 2026, and for full-year 2026 projecting low-to-mid-single-digit net sales growth, consolidated gross margin improvement of 180–220 basis points, GAAP diluted EPS of $2.80 to $2.95, and adjusted diluted EPS of $1.50 to $1.65, slightly raising the low end of its prior adjusted EPS range.

Filing Facts

CIK

14707

Ticker

-

Form

8K

Source Type

sec

Accession

0000014707-26-000138

Alert Tier

6