CALERES INC
For the period ended Jan 31, 2026. Filed Apr 2, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Apr 2, 2026
CAL$13.48-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
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| ($ thousands) · · 2025 · · 2024 · · 2023 | |||||||||
| Operating Activities · · · · · · | |||||||||
| Net (loss) earnings | | $(9,877) | | $106,097 | | $171,832 | |||
| Adjustments to reconcile net (loss) earnings to net cash provided by operating activities: | | | | | | | |||
| Depreciation | | 48,291 | | 40,245 | | 36,172 | |||
| Amortization of capitalized software | | 4,931 | | 5,147 | | 5,026 | |||
| Amortization of intangible assets | | 11,357 | | 11,036 | | 12,082 | |||
| Amortization of debt issuance costs | | 567 | | 407 | | 407 | |||
| Share-based compensation expense | | 12,427 | | 15,145 | | 14,804 | |||
| (Gain) loss on disposal of property and equipment | | (3,129) | | 421 | | 1,353 | |||
| Impairment charges for property, equipment, and lease right-of-use assets | | 1,718 | | 1,864 | | 749 | |||
| Adjustment to expected credit losses | | | 7,514 | | | (815) | | | 1,018 |
| Deferred income taxes | | (4,640) | | 19,811 | | (11,866) | |||
| Changes in operating assets and liabilities, net of acquired amounts: | | | | | | | |||
| Receivables | | 16,279 | | (15,614) | | (8,494) | |||
| Inventories | | 37,808 | | (23,289) | | 39,495 | |||
| Prepaid expenses and other current and noncurrent assets | | 266 | | (6,744) | | (15,285) | |||
| Trade accounts payable | | (51,748) | | (14,356) | | 22,038 | |||
| Accrued expenses and other liabilities | | 18,879 | | (28,889) | | (70,974) | |||
| Income taxes, net | | 7,717 | | (4,250) | | 1,562 | |||
| Other, net | | 4,817 | | (1,654) | | 232 | |||
| Net cash provided by operating activities | | 103,177 | | 104,562 | | 200,151 | |||
| | | | | | | | | | |
| Investing Activities | | | | | | | |||
| Purchases of property and equipment | | (63,744) | | (49,147) | | (44,584) | |||
| Proceeds from sale of headquarters | | | 15,272 | | | — | | | — |
| Capitalized software | | (4,147) | | (2,539) | | (5,034) | |||
| Acquisition of Stuart Weitzman, net of cash received | | (108,858) | | — | | — | |||
| Net cash used for investing activities | | (161,477) | | (51,686) | | (49,618) | |||
| | | | | | | | | | |
| Financing Activities | | | | | | | |||
| Borrowings under revolving credit agreement | | 849,500 | | 639,868 | | 532,500 | |||
| Repayments under revolving credit agreement | | (772,500) | | (602,368) | | (658,000) | |||
| Debt issuance costs | | | (2,920) | | | — | | | — |
| Dividends paid | | (9,448) | | (9,694) | | (9,954) | |||
| Acquisition of treasury stock | | (5,044) | | (65,039) | | (17,445) | |||
| Issuance of common stock under share-based plans, net | | (3,862) | | (9,276) | | (11,094) | |||
| Contributions by noncontrolling interests | | 2,650 | | 2,000 | | 1,000 | |||
| Net cash provided by (used for) financing activities | | 58,376 | | (44,509) | | (162,993) | |||
| Effect of exchange rate changes on cash and cash equivalents | | 57 | | (89) | | 118 | |||
| Increase (decrease) in cash and cash equivalents | | 133 | | 8,278 | | (12,342) | |||
| Cash and cash equivalents at beginning of period | | 29,636 | | 21,358 | | 33,700 | |||
| Cash and cash equivalents at end of period | | $29,769 | | $29,636 | | $21,358 | |||
See notes to consolidated financial statements, including the supplemental disclosures on cash flows in Note 1.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.