Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended October 29, 2022 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____________ to _____________ Commission file number: 1-2191 CALERES, INC. (Exact name of registrant as specified in its charter) New York 4 ...

Financial Data and Key Metrics Changes - Caleres reported record quarterly sales of $798 million, nearly 2% higher than Q3 2021, with a 7.6% year-over-year increase from the brand portfolio segment [7][41] - Operating earnings reached $57 million, with earnings per share at $1.15, marking a significant increase compared to pre-pandemic levels [7][50] - Gross margin was 42.6%, reflecting a decrease in Famous gross margin but an increase in brand portfolio gross margin [41][42] Business Line Data and Key Metrics Changes - Famous Footwear sales declined 2.6%, with comparable sales down 0.8%, but maintained a double-digit operating margin of 12.3% [41][44] - The brand portfolio achieved a gross margin of 37.9%, a 490 basis point increase year-over-year, driven by higher wholesale prices and growth in direct-to-consumer sales [42][44] - Caleres brands performed well, with sales at Famous increasing 19% year-over-year, particularly in the kids' segment, which saw a 6% increase for the full quarter [21][25] Market Data and Key Metrics Changes - Caleres grew its total market share during the period, managing inventory effectively, ending nearly 16% lower than Q2 2022 [8][39] - The brand portfolio's e-commerce sales grew nearly 22%, with significant gains from brands like Sam Edelman and Naturalizer [29][30] - The company noted that the consumer environment remains challenging due to inflationary pressures, but Famous is well-positioned to compete [25][39] Company Strategy and Development Direction - The company is focused on delighting consumers, building relevant products, and enhancing consumer experiences, which are embedded in its strategic focus areas [9][10] - Investment in consumer marketing and experience is prioritized as essential for future growth [16] - The company plans to continue leveraging its brand-building expertise and digital commerce capabilities to drive long-term value [11][38] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering record earnings per share for the year despite macroeconomic uncertainties [39][52] - The transition in leadership is seen as a positive step, with confidence in the new CEO's ability to lead the company forward [12][40] - Management highlighted the importance of maintaining margins and managing expenses in light of potential sourcing deflation and increased promotional activity [66][67] Other Important Information - The company returned $24 million to shareholders through share repurchases and dividends during the quarter [8][48] - Inventory levels were managed effectively, with a 15.8% sequential decrease noted [46][47] - The company expects to generate significant cash flow in Q4 and plans to reduce revolver borrowing to increase liquidity [49] Q&A Session Summary Question: Trends in November compared to Q3 - Management noted that brand portfolio trends have continued to be strong, while Famous Footwear faced some challenges due to consumer stress and weather-related issues [55][56] Question: Order book and dropship performance - The dropship business has grown high double digits, now representing about 20% of total business, providing flexibility and maximizing inventory [61][62] Question: Inventory strategy and promotions - Management emphasized a focus on full-price selling and maintaining competitive positioning, with a significant portion of inventory being new [74][75] Question: Famous Footwear's comparable sales outlook - Management expects improvements in Famous Footwear's comparable sales as the balance between athletic and non-athletic categories is addressed [82][83] Question: Impact of weather on boot sales - Management indicated that while warm weather initially affected boot sales, there has been a rebound as conditions improved [89][90] Question: Margin sustainability and promotional environment - Management expressed confidence in maintaining operating margins due to structural changes and effective pricing strategies [102][103]

CALERES Third Quarter Earnings NOVEMBER 22, 2022 Safe Harbor Statement UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This presentation contains certain forward-looking statements and expectations regarding the company's future performance and the performance of its brands. Such statements are subject to various risks and uncertainties that could cause actual results to differ materially. These risks include (i) supply chain disruptions and inflationary pressures; (ii) the coronavirus pandemic a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended July 30, 2022 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____________ to _____________ Commission file number: 1-2191 CALERES, INC. (Exact name of registrant as specified in its charter) New York 43-0 ...

Call Start: 17:00 January 1, 4536 ET Caleres, Inc. (NYSE:CAL) Q2 2022 Earnings Conference Call August 23, 2022, 05:00 PM ET Company Participants Logan Bonacorsi - VP, IR Diane Sullivan - Chairman and CEO Kenneth Hannah - SVP and CFO John Schmidt - President Conference Call Participants Dana Telsey - Telsey Advisory Group Laura Champine - Loop Capital Mitch Kummetz - Seaport Research Steve Marotta - C.L. King & Associates Operator Good afternoon, and welcome to the Caleres Second Quarter Earnings Conference ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended April 30, 2022 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____________ to _____________ Commission file number: 1-2191 CALERES, INC. (Exact name of registrant as specified in its charter) New York 43- ...

Caleres, Inc. (NYSE:CAL) Q1 2022 Earnings Conference Call May 24, 2022 5:00 PM ET Company Participants Logan Bonacorsi - VP, IR Diane Sullivan - Chairman & CEO Kenneth Hannah - SVP & CFO John Schmidt - President Conference Call Participants Laura Champine - Loop Capital Markets Dana Telsey - Telsey Advisory Group Steven Marotta - CL King & Associates Operator Good afternoon, and welcome to the Caleres First Quarter 2022 Earnings Call. My name is Jeff, and I'll be your conference coordinator. At this time a ...

First Quarter 2022 Earnings May 24, 2022 Under the private securities litigation reform act of 1995 This slide presentation contains certain forward-looking statements and expectations regarding the company's future performance and the performance of its brands. Such statements are subject to various risks and uncertainties that could cause actual results to differ materially. These risks include (i) supply chain disruptions and inflationary pressures; (ii) the coronavirus pandemic and its adverse impact on ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 29, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |------------------------------------------------------------------------------------------------|--------------------------------------------------------|-- ...

Caleres, Inc. (NYSE:CAL) Q4 2021 Earnings Conference Call March 16, 2022 5:00 PM ET Company Participants Logan Bonacorsi - VP, IR Diane Sullivan - Chairman & CEO Kenneth Hannah - SVP & CFO John Schmidt - President Conference Call Participants Steven Marotta - CL King & Associates Laura Champine - Loop Capital Markets Dana Telsey - Telsey Advisory Group Operator Good afternoon, and welcome to the Caleres Fourth Quarter Earnings Conference Call. My name is Jamaria, and I will be your conference coordinator. [ ...