Filing Analysis
Caleres, Inc. filed an 8-K to announce its quarterly results of operations for the period ending November 1, 2025.
📋 Key Facts
- The filing is a standard announcement of quarterly earnings (Results of Operations).
- Reporting period ended on November 1, 2025.
- Filing date is December 9, 2025.
- The company issued a press release as Exhibit 99.1 containing the detailed financial results.
Caleres, Inc. announced the appointment of Daniel L. Karpel as Senior Vice President and Chief Accounting Officer, effective October 13, 2025. He will succeed Todd E. Hasty in this role.
📋 Key Facts
- Daniel L. Karpel appointed as SVP and Chief Accounting Officer, effective Oct 13, 2025.
- Karpel succeeds Todd E. Hasty as the Company's principal accounting officer.
- Karpel previously served as CAO at Caleres from 2013 to 2016.
- Karpel brings over 30 years of experience, including roles at Club Car Wash Operating and Spectrum Brands Holdings, Inc.
Caleres, Inc. filed an 8-K to announce its quarterly results of operations for the period ended August 2, 2025. The filing serves as a formal notice that a press release containing financial performance data has been issued.
📋 Key Facts
- Reporting date: September 4, 2025
- Period covered: Quarter ended August 2, 2025
- The company issued a press release (Exhibit 99.1) regarding results of operations and financial condition.
Caleres, Inc. has completed the acquisition of the Stuart Weitzman brand from Tapestry, Inc. for a net purchase price of $108.7 million.
🚩 Red Flags
- None identified in this filing.
📋 Key Facts
- Acquisition closed on August 4, 2025.
- Total purchase price: $120.2 million.
- Includes $11.5 million in cash received at closing; net purchase price is $108.7 million.
- The transaction was governed by a Sale and Purchase Agreement dated February 16, 2025.
- Purchase price is subject to final adjustments for net working capital.
Caleres, Inc. entered into a Seventh Amendment to its Fourth Amended and Restated Credit Agreement on June 27, 2025. The amendment significantly extends the debt maturity date and increases available revolving credit facilities.
🚩 Red Flags
- Cash dominion event trigger: If excess availability falls below the greater of 10.0% of Loan Cap or $56.0 million (increased from $40.0 million) for three consecutive business days, the collateral agent may assume control over company cash.
📋 Key Facts
- Maturity date extended from October 5, 2026, to June 27, 2030.
- Senior secured revolving credit facility increased by $200.0 million to an aggregate amount of up to $700.0 million.
- Potential for further increase of up to $250.0 million based on excess borrowing base and lender approval.
- As of June 26, 2025, the company had $271.0 million in outstanding credit extensions and $229.0 million available.
- The amendment modifies 'Permitted Acquisition' definitions to allow for the acquisition of Stuart Weitzman.
Caleres, Inc. announced the retirement of Todd E. Hasty from his role as Senior Vice President and Chief Accounting Officer, effective October 17, 2025. The departure is a planned retirement following nearly 22 years of service and involves no disagreements with the company.
🚩 Red Flags
- None identified; departure is characterized as a planned retirement with no disputes noted.
📋 Key Facts
- Todd E. Hasty to retire as Senior Vice President and Chief Accounting Officer (CAO).
- Effective date of departure: October 17, 2025.
- Mr. Hasty has served the company for nearly 22 years.
- The resignation is not due to any disagreements regarding operations, policies, practices, or accounting/financial matters.
Caleres, Inc. filed an 8-K to announce its quarterly results of operations for the period ended May 3, 2025. The filing serves as a formal notice that a press release containing financial performance data has been issued.
📋 Key Facts
- Reporting date: May 29, 2025
- Quarterly results announced for the period ended May 3, 2025
- The filing includes Exhibit 99.1 (Press Release) containing the financial details
Caleres, Inc. reported results from its Annual Meeting of Shareholders held on May 22, 2025. The filing includes the election of 11 directors, ratification of Ernst & Young LLP as independent auditors, and approval of advisory 'say on pay' resolutions.
📋 Key Facts
- Board of Directors amended Bylaws to decrease the number of directors from twelve to eleven, effective May 22, 2025.
- Eleven directors were elected for one-year terms: Lisa A. Flavin, Brenda C. Freeman, Kyle F. Gendreau, Lori H. Greeley, Mahendra R. Gupta, Ward M. Klein, Steven W. Korn, Molly Langenstein, Wenda Harris Millard, John W. Schmidt, and Bruce K. Thorn.
- Shareholders ratified the appointment of Ernst & Young LLP as independent registered public accountants.
- Shareholders approved the advisory resolution regarding executive compensation ('say on pay').
Michael R. Edwards has resigned from his position as Division President of Famous Footwear, effective May 2, 2025.
📋 Key Facts
- Resignation announced on March 31, 2025.
- Effective date of departure is May 2, 2025.
- Departing officer: Michael R. Edwards.
- Role: Division President – Famous Footwear.
Caleres, Inc. filed an 8-K to announce its quarterly results of operations for the period ended February 1, 2025.
📋 Key Facts
- The filing was made on March 20, 2025.
- The company reported results for the quarter ending February 1, 2025.
- A press release containing the financial results was issued as Exhibit 99.1.
Caleres, Inc. has entered into a definitive agreement to acquire the Stuart Weitzman business from Tapestry, Inc. for an aggregate cash consideration of $105 million.
🚩 Red Flags
- Significant cash outlay ($105M) which may impact liquidity depending on Caleres' current cash position (not specified in 8-K).
📋 Key Facts
- Acquisition price: $105 million in cash (subject to adjustments for cash, debt, and working capital).
- Seller: Tapestry, Inc.
- Target business: Stuart Weitzman brand/business.
- Transaction includes a representations and warranties insurance policy to mitigate risk.
- Includes a customary transition services agreement from the Seller.
Caleres, Inc. issued a press release to update its full-year 2024 financial outlook regarding consolidated sales, earnings per share (EPS), and adjusted EPS.
🚩 Red Flags
- Updating financial outlook mid-year/late in the fiscal year often implies a deviation from previous guidance, which can signal operational headwinds or changing market conditions.
📋 Key Facts
- Company updated its financial guidance for the full year 2024 on January 13, 2025.
- The update covers three key metrics: consolidated sales, earnings per share (EPS), and adjusted earnings per share (adjusted EPS).
- Information was released via a press release under Regulation FD disclosure requirements.
Caleres, Inc. filed an 8-K to announce its quarterly results of operations for the period ended November 2, 2024.
📋 Key Facts
- The filing was made on December 5, 2024.
- The company reported results for the quarter ending November 2, 2024.
- Information is provided via a press release attached as Exhibit 99.1.
Caleres, Inc. announced the election of two new independent directors, Kyle F. Gendreau and Molly Langenstein, to fill existing vacancies on the Board. Additionally, the company amended its bylaws to increase the total number of director seats from eleven to twelve.
🚩 Red Flags
- None identified; this is a standard governance update.
📋 Key Facts
- Elected Kyle F. Gendreau and Molly Langenstein to the Board of Directors effective November 5, 2024.
- The new directors fill vacancies resulting from a previous departure in August 2024 and an increase in board size.
- Both new directors have been designated as 'independent' under NYSE and SEC rules.
- Bylaws were amended to increase the number of directors from eleven to twelve.
- New directors will receive compensation consistent with non-employee director standards outlined in the April 11, 2024 Proxy Statement.
Caleres, Inc. filed an 8-K to announce its quarterly results of operations for the period ended August 3, 2024. The filing serves as a formal notice that a press release containing financial performance data has been issued.
📋 Key Facts
- The company reported results for the quarter ended August 3, 2024.
- A press release was issued on September 12, 2024, as Exhibit 99.1.
- The filing is made pursuant to Item 2.02 (Results of Operations and Financial Condition).
Caleres, Inc. announced the resignation of Board member Carla C. Hendra, effective following the next scheduled Board meeting in late August 2024.
📋 Key Facts
- Carla C. Hendra resigned from the Board of Directors on July 17, 2024.
- The resignation becomes effective immediately following the next regularly scheduled Board meeting (August 28-29, 2024).
- The company explicitly stated that the resignation did not result from any disagreement regarding operations, policies, or practices.
Caleres, Inc. filed an 8-K to announce its quarterly results of operations for the period ended May 4, 2024 via a press release.
📋 Key Facts
- The filing is related to Item 2.02 (Results of Operations and Financial Condition).
- Quarterly results were announced on May 30, 2024.
- The reporting period ended on May 4, 2024.
Caleres, Inc. reported the results of its Annual Meeting of Shareholders held on May 23, 2024. The meeting included the election of 11 directors, ratification of Ernst & Young LLP as independent auditors, and approval of executive compensation.
📋 Key Facts
- Annual Meeting of Shareholders held on May 23, 2024.
- Eleven directors were elected to one-year terms: Lisa A. Flavin, Brenda C. Freeman, Lori H. Greeley, Mahendra R. Gupta, Carla C. Hendra, Ward M. Klein, Steven W. Korn, Wenda Harris Millard, John W. Schmidt, Diane M. Sullivan, and Bruce K. Thorn.
- Shareholders ratified the appointment of Ernst & Young LLP as independent registered public accountants with 29,365,197 votes in favor.
- The 'say on pay' advisory resolution regarding executive compensation was approved by shareholders.
Caleres, Inc. filed an 8-K to announce its quarterly results of operations for the period ended February 3, 2024. The filing serves as a formal notice that a press release containing these financial results has been issued.
📋 Key Facts
- The company reported results for the quarter ended February 3, 2024.
- A press release was issued on March 19, 2024, as Exhibit 99.1.
- The filing is made pursuant to Item 2.02 (Results of Operations and Financial Condition).
Caleres, Inc. issued a press release to reaffirm its previously provided financial outlook for consolidated sales, earnings per share (EPS), and adjusted EPS for the full year 2023.
📋 Key Facts
- The company reaffirmed its full-year 2023 guidance for consolidated sales, EPS, and adjusted EPS on January 8, 2024.
- Information was released via press release in accordance with Regulation FD.