Thirteen Weeks Ended

Twenty-Six Weeks Ended

($ thousands, except per share amounts)

July 29, 2023

July 30, 2022

July 29, 2023

July 30, 2022

NUMERATOR

Net earnings

$

34,365

$

51,553

$

69,157

$

101,538

Net (earnings) loss attributable to noncontrolling interests

(422)

(375)

(487)

149

Net earnings attributable to Caleres, Inc.

$

33,943

$

51,178

$

68,670

$

101,687

Net earnings allocated to participating securities

(1,513)

(2,226)

(2,990)

(4,216)

Net earnings attributable to Caleres, Inc. after allocation of earnings to participating securities

$

32,430

$

48,952

$

65,680

$

97,471

DENOMINATOR

Denominator for basic earnings per common share attributable to Caleres, Inc. shareholders

34,280

35,031

34,343

35,620

Dilutive effect of share-based awards

—

467

—

467

Denominator for diluted earnings per common share attributable to Caleres, Inc. shareholders

34,280

35,498

34,343

36,087

Basic earnings per common share attributable to Caleres, Inc. shareholders

$

0.95

$

1.40

$

1.91

$

2.74

Diluted earnings per common share attributable to Caleres, Inc. shareholders

$

0.95

$

1.38

$

1.91

$

2.70