Caleres, Inc. (CAL) This fall 2025 Earnings Call Transcript

Operator

Greetings, and welcome to the Caleres Inc. Fourth Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Liz Dunn, Senior Vice President, Corporate Development and Strategic Communications. Thank you. You may begin.

Liz Dunn
Senior Vice President of Corporate Development & Strategic Communications

Thank you, Melissa. Good morning. Thank you for joining our fourth quarter earnings call and webcast. A press release with detailed financial tables as well as our quarterly slide presentation are available at caleres.com.

Please be aware today’s discussion contains forward-looking statements, which are subject to several risks and uncertainties. Actual results may differ materially due to various risk factors, including those disclosed in the company’s Form 10-K and other filings with the U.S. Securities and Exchange Commission. Please refer to today’s press release and our SEC filings for more information on risk factors and other factors, which could impact forward-looking statements. Copies of these reports are available online.

In discussing our operational results, we will be providing and referring to adjusted operating earnings results. And in some cases, we will be discussing our results, excluding the impact of Stuart Weitzman. Additional details on non-GAAP measures as well as others featured in today’s earnings release and presentation are available in the reconciliation tables on our earnings release and on caleres.com. The company undertakes