Caleres swings to $58.6M profit on $57.4M tariff refunds; Famous Footwear sales fall

Filed September 10, 2026 · Period ending August 1, 2026 · Compared to 10-Q Sep 9, 2025 · ~1 min read

Key Changes

• high

  Net income surged to $58.6M (+773.6%) and diluted EPS to $1.71 (+768.1%), driven by $57.4M in tariff refunds and the Stuart Weitzman acquisition.

  MD&A: Results verify on EDGAR →
• high

  Consolidated net sales rose 5.6% to $695.5M, but Famous Footwear comparable sales fell 5.9% on declining store traffic.

  MD&A: Segments verify on EDGAR →
• high

  Gross margin expanded to 54.8% from 43.4%, boosted by tariff refunds, lower tariffs, and the higher-margin Stuart Weitzman business.

  MD&A: Gross Profit verify on EDGAR →