Thirteen Weeks Ended

Twenty-Six Weeks Ended

($ thousands, except per share amounts)

August 2, 2025

August 3, 2024

August 2, 2025

August 3, 2024

NUMERATOR

Net earnings

$

7,061

$

30,273

$

13,006

$

61,071

Net (earnings) loss attributable to noncontrolling interests

(348)

(315)

650

(173)

Net earnings attributable to Caleres, Inc.

$

6,713

$

29,958

$

13,656

$

60,898

Net earnings allocated to participating securities

(263)

(1,065)

(502)

(2,278)

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

$

6,450

$

28,893

$

13,154

$

58,620

DENOMINATOR

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

32,494

33,883

32,509

33,838

Dilutive effect of share-based awards

127

106

127

106

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

32,621

33,989

32,636

33,944

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

$

0.20

$

0.85

$

0.40

$

1.73

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

$

0.20

$

0.85

$

0.40

$

1.73