CALERES INC (CAL) SEC Filing 10-Q Quarterly report for the period ending Saturday, May 5, 2018
Investor and Media Contact:
Peggy Reilly Tharp, Caleres
(314) 854-4134, email@example.com
Consolidated sales of $632.1 million.
Famous Footwear total sales of $363.4 million were down 0.8%, as were same-store-sales, and we operated 39 fewer doors year-over-year.
Brand Portfolio sales of $268.7 million were up 1.4%.
Gross profit was $274.9 million, while gross margin of 43.5% was up 59 basis points.
SG&A expense of $250.2 million was up 1.5%.
Operating earnings were $22.9 million and operating margin was 3.6%, while adjusted operating earnings were $24.7 million and adjusted operating margin was 3.9%, reflecting the new accounting standard related to the presentation of retirement benefits.
Net earnings were $17.2 million, while diluted earnings per share were $0.40 and included a $0.03 charge for the previously announced transition of Allen Edmonds’ consumer-facing activities to St. Louis.
Adjusted net earnings of $18.5 million were up 6.3%, while adjusted diluted net earnings per share of $0.43 were up 7.5%.
Cash and equivalents were $96.5 million and up $24.7 million year-over-year.
There were no outstanding borrowings under the revolving credit facility.
Inventory of $579.9 million was up 2.6% year-over-year.
Capital expenditures of $9.4 million were down 24.3% year-over-year.
The following information was filed by CALERES INC on Thursday, May 31, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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- Form Type: Quarterly
- Number of times amended: 0
- Accession Number: 0000014707-18-000026
- Submitted to the SEC: Wednesday, June 13, 2018 1:48:47 PM EST
- Accepted by the SEC: Wednesday, June 13, 2018
- Period ending: May 2018
- Industry: Footwear No Rubber