Caleres (CAL) financial statements
Caleres reported revenue of $2.8B in fiscal 2026, up 0.7% a year over 9 years.
Net income was -$7M and the operating margin 0.2%, against 3.7% in 2017.
Free cash flow was $35M, and the company returned $9M in dividends and $5M in net buybacks.
The diluted share count fell 23% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Caleres's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B | $2.8B | $2.8B | $2.9B | $2.1B | $2.8B | $3.0B | $2.8B | $2.7B | $2.8B |
| Cost of revenue | $1.5B | $1.6B | $1.7B | $1.7B | $1.3B | $1.6B | $1.7B | $1.6B | $1.5B | $1.6B |
| Gross profit | $1.1B | $1.2B | $1.2B | $1.2B | $787M | $1.2B | $1.3B | $1.3B | $1.2B | $1.2B |
| Selling, general and admin | $943M | $1.0B | $1.0B | $1.1B | $889M | $1.0B | $1.1B | $1.1B | $1.1B | $1.2B |
| Operating income | $96M | $128M | $401,000 | $104M | -$486M | $206M | $214M | $194M | $150M | $6M |
| Interest expense | $15M | $17M | $18M | — | — | — | — | — | — | — |
| Pre-tax income | $97M | $123M | -$6M | $79M | -$517M | $189M | $213M | $181M | $135M | -$12M |
| Income tax | $31M | $35M | -$273,000 | $17M | -$78M | $51M | $33M | $9M | $29M | -$2M |
| Net income | $66M | $87M | -$5M | $63M | -$439M | $137M | $182M | $171M | $107M | -$7M |
| EPS (diluted) | $1.52 | $2.02 | -$0.13 | $1.53 | -$11.80 | $3.56 | $4.92 | $4.80 | $3.09 | -$0.21 |
| Diluted shares | 42M | 42M | 42M | 40M | 37M | 37M | 35M | 34M | 34M | 33M |
| Gross margin | 41.2% | 42.0% | 40.8% | 40.5% | 37.2% | 44.2% | 43.3% | 44.8% | 44.9% | 43.0% |
| Operating margin | 3.7% | 4.6% | 0.0% | 3.6% | -22.9% | 7.4% | 7.2% | 6.9% | 5.5% | 0.2% |
| Net margin | 2.5% | 3.1% | -0.2% | 2.2% | -20.7% | 4.9% | 6.1% | 6.1% | 3.9% | -0.2% |
Balance sheet
Fiscal years, from Caleres's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $55M | $64M | $30M | $45M | $88M | $30M | $34M | $21M | $30M | $30M |
| Receivables | $153M | $153M | $192M | $162M | $127M | $122M | $133M | $140M | $156M | $147M |
| Inventory | $586M | $569M | $683M | $618M | $488M | $597M | $580M | $541M | $565M | $610M |
| Total current assets | $844M | $847M | $976M | $882M | $783M | $836M | $831M | $789M | $837M | $863M |
| Property, plant and equipment | $219M | $213M | $231M | $225M | $172M | $150M | $161M | $168M | $175M | $203M |
| Goodwill | $127M | $127M | $243M | $245M | $5M | $5M | $5M | $5M | $5M | $15M |
| Total assets | $1.5B | $1.5B | $1.8B | $2.4B | $1.9B | $1.8B | $1.8B | $1.8B | $1.9B | $2.0B |
| Total current liabilities | $528M | $430M | $853M | $851M | $906M | $1.0B | $911M | $743M | $758M | $846M |
| Total liabilities | $861M | $770M | $1.2B | $1.8B | $1.7B | $1.5B | $1.4B | $1.2B | $1.3B | $1.4B |
| Shareholders' equity | $613M | $717M | $634M | $646M | $200M | $319M | $421M | $561M | $599M | $602M |
| Net debt | -$55M | -$64M | -$30M | -$45M | -$88M | -$30M | -$34M | -$21M | -$30M | -$30M |
Cash flow
Fiscal years, from Caleres's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $184M | $191M | $130M | $171M | $126M | $168M | $126M | $200M | $105M | $103M |
| Capital spending | $60M | $51M | $67M | $50M | $22M | $24M | $64M | $50M | $52M | $68M |
| Free cash flow | $124M | $140M | $63M | $121M | $104M | $144M | $62M | $151M | $53M | $35M |
| Stock-based compensation | $8M | $11M | $14M | $10M | $8M | $12M | $17M | $15M | $15M | $12M |
| Dividends paid | $12M | $12M | $12M | $11M | $11M | $11M | $10M | $10M | $10M | $9M |
| Share buybacks (net) | -$23M | -$6M | -$44M | -$33M | -$23M | -$17M | -$63M | -$17M | -$65M | -$5M |
| Free cash flow margin | 4.8% | 5.0% | 2.2% | 4.1% | 4.9% | 5.2% | 2.1% | 5.3% | 1.9% | 1.3% |
| Dividends per share | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 | $0.29 |
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Open CAL in InvestinglyQuestions
What was Caleres's revenue in 2026?
$2.8B in fiscal 2026, from its 10-K filing.
How much free cash flow does Caleres generate?
$35M in fiscal 2026 (operating cash flow minus capital spending).
From Caleres's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.