Caleres acquires Stuart Weitzman, swings to loss as margins compress despite sales growth

Filed April 2, 2026 · Period ending January 31, 2026 · Compared to 10-K Apr 1, 2025 · ~1 min read

Key Changes

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  Acquired Stuart Weitzman in August 2025 for $108.9 million net, adding 73 retail locations and premium footwear brand with $250-$995 price points to expand luxury segment presence.

  MD&A: Stuart Weitzman acquisition verify on EDGAR →
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  FY2025 net loss of $9.9 million vs. $106.1 million profit in FY2024 despite 1.3% sales growth to $2.76 billion, driven by margin compression and higher selling/administrative expenses.

  MD&A: FY2025 financial results verify on EDGAR →
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  Revolving credit borrowings increased 35% to $296.5 million from $219.5 million year-over-year, reflecting acquisition funding and working capital needs amid profitability pressure.

  MD&A: Debt and liquidity position verify on EDGAR →