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Caleres CAL Eliminations And Other — Business Combination Acquisition Related Costs

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Brand Portfolio
$400K

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Other financials

Income statement

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Revenue$666.6M+8.5%
Gross profit$315.5M+13.2%
Operating income$23.9M+106%
Net income$14.3M+106%
EPS (diluted)$0.42+100%

Balance sheet

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Cash & equivalents$37.7M+13.9%
Total debt$601.8M+1.7%
Total equity$612.1M+1.1%
Total assets$2.0B+6.0%

Cash flow

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Operating cash flow-$27.8M-391%
CapEx$11.2M-45.5%
Free cash flow-$39.0M-48.8%

Valuation

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Market cap$486.04M+5.9%
Enterprise value$1.05B+23.7%
P/E757.1×+749×
P/S0.2×0.0×

Profitability

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Gross margin43.5%-1.0pp
Operating margin1.5%-4.7pp
Net margin0%-3.1pp
FCF margin0.9%

Returns & leverage

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Return on equity0.1%-14.1pp
Debt / equity0.0×
Current ratio-0.1×

Where this comes from

Reported directly by Caleres in its filing.

Tagged under the XBRL concept us-gaap:BusinessCombinationAcquisitionRelatedCosts.

The source filing: Caleres’s 10-Q, filed June 9, 2026.

Filed
Jun 9, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000014707-26-000087

As discussed in Note 3 to the condensed consolidated financial statements, on August 4, 2025, the Company completed the previously announced acquisition of Stuart Weitzman from Tapestry, Inc., and successfully completed the Stuart Weitzman systems integration on February 1, 2026. During the thirteen weeks ended May 2, 2026, the Company incurred information technology, office relocation and other related costs associated with the acquisition of approximately $1.8 million ($1.3 million on an after-tax basis, or $0.03 per diluted share). Of the $1.8 million in costs for the thirteen weeks ended May 2, 2026, $1.4 million is reflected in the Eliminations and Other category and $0.4 million is reflected in the Brand Portfolio segment in restructuring and other special charges in the condensed consolidated statement of earnings.

Item 1F. Financial Statements (Unaudited)

FAQ

What is Caleres's eliminations and other — business combination acquisition related costs?
Caleres (CAL) reported eliminations and other — business combination acquisition related costs of $1.4M in Q1 2026.
What does eliminations and other — business combination acquisition related costs mean?
Represents non-recurring expenses incurred during the integration or acquisition of new business entities or assets. These costs typically include legal, advisory, and consulting fees associated with M&A activity that are not part of ongoing operations. Monitoring these costs helps investors assess the impact of inorganic growth strategies on short-term profitability.

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