Caleres Inc. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Net Sales Decline 3.6%, Net Earnings Drop to $6.7 Million, EPS Falls 76.5%
Caleres Inc. has reported its financial results for the thirteen weeks ended August 2, 2025. The company recorded a gross profit of $285.8 million, marking a decrease from the $310.9 million reported in the same period the previous year. Gross margin also fell to 43.4% from 45.5%. Operating earnings saw a significant reduction, dropping by $33.2 million to $9.3 million, an 78.2% decrease from the prior year's second-quarter figure of $42.5 million. The diluted earnings per share for the period stood at $0.20, down from $0.85 in the previous year, reflecting a 76.5% decline. Net earnings attributable to Caleres Inc. for the second quarter were reported at $6.7 million, compared to $30.0 million in the same period of 2024. The company's Famous Footwear segment reported operating earnings of $18.6 million for the second quarter, a decrease from $34.4 million in the previous year. Operating earnings as a percentage of net sales decreased to 4.6% from 8.2%. For the six months ended August 2, 2025, Caleres Inc. reported net earnings attributable to the company at $13.7 million, down from $60.9 million for the same period in 2024. Operating earnings for the six months decreased to $23.5 million from $51.2 million, with a corresponding decline in the percentage of net sales from 6.7% to 3.2%.
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