Caleres, Inc. · NYSE:CAL

Caleres — Q2 2016 Earnings Presentation

8 slides from Caleres's earnings presentation, Aug 30, 2016

  1. Slide 1: Second Quarter 2016 Earnings

    CALERES Second Quarter 2016 Earnings August 30, 2016

  2. Slide 2: Safe harbor statement

    Safe harbor statement Under the private securities litigation reform act of 1995 This presentation contains certain forward-looking statements and expectations regarding the company’s future performance and the performance of its brands Such statements are subject to various risks and uncertainties

  3. Slide 3: Results: 2Q'16 vs. 2Q'15

    Results : 2Q’16 vs. 2Q’15 2Q’16 • Net sales of $622.9M, down 2.3% − Overall challenging retail environment • Gross margin up 47 bps to 41.7% − Driven by both Famous Footwear and Brand Portfolio • Operating margin down 42 bps to 5.2% − Continued operational investments • Diluted EPS of $0.46 − Reflec

  4. Slide 4: Operating highlights: Famous Footwear

    Operating highlights : Famous Footwear 2Q’16 vs. 2Q’15 2Q’16 • Sales of $390.1M, down 1.5% − Same-store-sales down 1.1% • May down mid-single digits • June up low-single digits • July down low-single digits − E-commerce sales up ~80% • Approx. 5% of total Famous Footwear sales • Consumers buying clo

  5. Slide 5: Operating highlights: Brand Portfolio

    Operating highlights : Brand Portfolio 2Q’16 vs. 2Q’15 2Q’16 Sales of $232.8M, down 3.8% • Contemporary Fashion sales of $105.1M, up 3.8% − Solid improvement across key brands • Healthy Living sales of $127.4M − Decline of 9.4% includes • Expected loss of ~$4.5M for Dr. Scholl’s • Negative impact of

  6. Slide 6: Financial results: 2Q'16 vs. 2Q'15

    Financial results : 2Q’16 vs. 2Q’15 US$M, except per share (unaudited) 2Q’16 2Q’15 2Q Chg Consolidated sales $622.9 $637.8 -2.3% Famous Footwear $390.1 $395.9 -1.5% Brand Portfolio $232.8 $242.0 -3.8% Gross profit $259.6 $262.8 -1.2% Margin 41.7% 41.2% 47 bps SG&A $227.3 $227.1 0.1% % of sales 36.5%

  7. Slide 7: FY'16: guidance

    FY’16 : guidance Metric FY’16 Consolidated net sales $2.57B to $2.6B Famous Footwear same-store-sales Flat to up low-single digits Brand Portfolio sales Flat to down low-single digits Gross margin Up 25 to 35 bps SG&A, as a percent of revenue Down 5 to 15 bps Effective tax rate 30% to 32% Earnings p

  8. Slide 8: For more information about CAL, contact [email protected]

    For more information about CAL, contact [email protected]

Caleres — Q2 2016 Earnings Presentation on 6ix