Caleres, Inc. (CAL) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
8300 MARYLAND AVE ST LOUIS, MO 63105 |
| State of Incorp. | NY |
| Fiscal Year End | January 31 |
| Industry (SIC) | 314 - Footwear, Except Rubber (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 7/31/2023 MRQ | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 33,700 | 30,115 | 88,295 | 45,218 | 30,200 | 64,047 | |||
| Cash and cash equivalents | 33,700 | 30,115 | 88,295 | 45,218 | 30,200 | 64,047 | |||
| Receivables | 150,329 | 155,309 | 160,919 | 162,181 | 191,722 | 152,613 | |||
| Inventory, net of allowances, customer advances and progress billings | 580,215 | 596,807 | 487,955 | 618,406 | 683,171 | 569,379 | |||
| Inventory | 580,215 | 596,807 | 487,955 | 618,406 | 683,171 | 569,379 | |||
| Prepaid expense | 4,600 | 4,400 | 4,600 | 2,800 | |||||
| Asset, held-for-sale, not part of disposal group | 16,777 | 5,455 | |||||||
| Other undisclosed current assets | 45,834 | 44,390 | 40,787 | 53,694 | 71,354 | 60,750 | |||
| Total current assets: | 831,455 | 836,476 | 782,556 | 882,299 | 976,447 | 846,789 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 518,196 | 503,430 | 554,303 | 695,594 | ✕ | ✕ | |||
| Property, plant and equipment | 160,883 | 150,238 | 172,437 | 224,846 | 230,784 | 212,799 | |||
| Intangible assets, net (including goodwill) | 215,392 | 227,503 | 240,071 | 539,579 | 549,897 | 339,168 | |||
| Goodwill | 4,956 | 4,956 | 4,956 | 245,275 | 242,531 | 127,081 | |||
| Intangible assets, net (excluding goodwill) | 210,436 | 222,547 | 235,115 | 294,304 | 307,366 | 212,087 | |||
| Deferred costs | 3,700 | ||||||||
| Deferred income tax assets | 9,735 | ✕ | ✕ | ||||||
| Other noncurrent assets | 27,150 | 27,140 | 28,850 | 28,994 | 23,781 | 25,779 | |||
| Defined benefit plan, assets for plan benefits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 62,575 | ||
| Other undisclosed noncurrent assets | 83,396 | 99,139 | 88,833 | 50,660 | 53,959 | 2,305 | |||
| Total noncurrent assets: | 1,005,017 | 1,007,450 | 1,084,494 | 1,549,408 | 862,121 | 642,626 | |||
| TOTAL ASSETS: | 1,836,472 | 1,843,926 | 1,867,050 | 2,431,707 | 1,838,568 | 1,489,415 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 372,954 | 607,118 | 463,315 | 448,081 | 518,336 | 430,159 | |||
| Taxes payable | ✕ | ✕ | 22,622 | 5,069 | 7,186 | 6,388 | 8,222 | ||
| Employee-related liabilities | ✕ | ✕ | 88,034 | 48,641 | 54,720 | 58,593 | 45,226 | ||
| Accounts payable | 229,908 | 331,470 | 280,501 | 267,018 | 316,298 | 272,962 | |||
| Accrued liabilities | 143,046 | 164,992 | 129,104 | 119,157 | 137,057 | 103,749 | |||
| Debt | 307,500 | 290,000 | 250,000 | 402,869 | 335,000 | ||||
| Other undisclosed current liabilities | 230,742 | 128,495 | 192,194 | ||||||
| Total current liabilities: | 911,196 | 1,025,613 | 905,509 | 850,950 | 853,336 | 430,159 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 452,909 | 518,942 | 629,032 | 197,932 | 197,472 | ||||
| Long-term debt, excluding current maturities | 197,932 | 197,472 | |||||||
| Liabilities, other than long-term debt | 499,163 | 42,017 | 39,894 | 104,204 | 101,879 | 92,155 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 54,850 | 53,071 | ||
| Accounts payable and accrued liabilities | 7,786 | 2,464 | 5,038 | 7,786 | 7,786 | 11,933 | |||
| Deferred income tax liabilities | 19,001 | 14,731 | 8,244 | 55,013 | ✕ | ✕ | |||
| Other liabilities | 28,302 | 24,822 | 26,612 | 41,405 | 39,243 | 27,151 | |||
| Operating lease, liability | 444,074 | 452,909 | 518,942 | 629,032 | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 198,851 | 198,391 | 49,986 | 50,667 | |||||
| Total noncurrent liabilities: | 499,163 | 494,926 | 757,687 | 931,627 | 349,797 | 340,294 | |||
| Total liabilities: | 1,410,359 | 1,520,539 | 1,663,196 | 1,782,577 | 1,203,133 | 770,453 | |||
| Equity | |||||||||
| Equity, attributable to parent | 420,683 | 318,570 | 200,247 | 645,950 | 634,053 | 717,489 | |||
| Common stock | 357 | 376 | 380 | 404 | 419 | 430 | |||
| Additional paid in capital | 180,747 | 168,830 | 160,446 | 153,489 | 145,889 | 136,460 | |||
| Accumulated other comprehensive loss | (26,750) | (8,606) | (9,136) | (31,843) | (31,601) | (15,170) | |||
| Retained earnings | 266,329 | 157,970 | 48,557 | 523,900 | 519,346 | 595,769 | |||
| Equity, attributable to noncontrolling interest | 5,430 | 4,817 | 3,607 | 3,180 | 1,382 | 1,473 | |||
| Total equity: | 426,113 | 323,387 | 203,854 | 649,130 | 635,435 | 718,962 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,836,472 | 1,843,926 | 1,867,050 | 2,431,707 | 1,838,568 | 1,489,415 | |||
Income Statement (P&L) ($ in thousands)
| 7/31/2023 TTM | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,968,138 | 2,777,604 | 2,117,070 | 2,921,562 | 85,513 | 85,124 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 2,834,846 | 2,785,584 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,683,265) | (1,550,287) | (1,330,021) | (1,737,202) | (1,678,502) | (1,616,935) | ||
| Other undisclosed gross profit | 2,749,333 | 2,700,460 | ||||||
| Gross profit: | 1,284,873 | 1,227,317 | 787,049 | 1,184,360 | 1,156,344 | 1,168,649 | ||
| Operating expenses | (1,070,546) | (1,021,510) | (1,272,707) | (1,080,547) | (1,155,943) | (1,028,618) | ||
| Operating income (loss): | 214,327 | 205,807 | (485,658) | 103,813 | 401 | 140,031 | ||
| Nonoperating income | 12,971 | 15,378 | 7,903 | 12,308 | 764 | |||
| Investment income, nonoperating | 12,308 | 764 | ||||||
| Other nonoperating income | 12,971 | 15,378 | 7,903 | |||||
| Interest and debt expense | (1,011) | (18,463) | (18,089) | |||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (31,453) | (33,123) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 227,298 | 220,174 | (517,111) | 78,593 | (5,754) | 122,706 | ||
| Other undisclosed loss from continuing operations before income taxes | (14,264) | (30,930) | ||||||
| Income (loss) from continuing operations before income taxes: | 213,034 | 189,244 | (517,111) | 78,593 | (5,754) | 122,706 | ||
| Income tax expense (benefit) | (33,339) | (51,081) | 78,117 | (16,511) | 273 | (35,475) | ||
| Income (loss) from continuing operations: | 179,695 | 138,163 | (438,994) | 62,082 | (5,481) | 87,231 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 138,163 | (438,994) | 62,082 | (5,481) | 87,231 | ||
| Net income (loss): | 179,695 | 138,163 | (438,994) | 62,082 | (5,481) | 87,231 | ||
| Net income (loss) attributable to noncontrolling interest | 2,047 | (1,144) | (120) | 737 | 40 | (31) | ||
| Net income (loss) attributable to parent: | 181,742 | 137,019 | (439,114) | 62,819 | (5,441) | 87,200 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (7,716) | (4,982) | (1,988) | |||||
| Net income (loss) available to common stockholders, diluted: | 174,026 | 132,037 | (439,114) | 60,831 | (5,441) | 87,200 | ||
Comprehensive Income ($ in thousands)
| 7/31/2023 TTM | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 179,695 | 138,163 | (438,994) | 62,082 | (5,481) | 87,231 | ||
| Other comprehensive income (loss) | (18,626) | 596 | 22,875 | (207) | (16,482) | 21,011 | ||
| Comprehensive income (loss): | 161,069 | 138,759 | (416,119) | 61,875 | (21,963) | 108,242 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 2,529 | (1,210) | (288) | 702 | 91 | (104) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 163,598 | 137,549 | (416,407) | 62,577 | (21,872) | 108,138 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.