CAL FY 2015 Earnings Report — Caleres, Inc. Revenue & Financial Results | Market Cap Arena

Caleres, Inc.CAL

FY 2015 Earnings

Reported March 29, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$2.6B	—	$2.6B	—	0.2%
Op. Income	$135M	—	$126M	—	7.3%
Gross Margin	40.7%	—	40.4%	—	0.2pp
Net Margin	3.2%	—	3.2%	—	-0.1pp
EPS (Diluted)	$1.85	—	$1.89	—	-2.1%
Free Cash Flow	$68M	—	$4M	—	1731.7%

Revenue Flow

Item	Amount
REVENUE	$2.6B
Cost of Revenue	$1.5B
GROSS PROFIT	$1.0B
R&D Expenses	$0
Selling & Marketing	$78M
General & Administrative	$834M
SG&A Expenses	$913M
Other Expenses	$0
Operating Expenses	$913M
Cost & Expenses	$2.4B
OPERATING INCOME	$135M
Interest Income	$899.0K
Interest Expense	$17M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$109M
Income Tax Expense	$27M
Net Income from Continuing Ops	$82M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$81M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$79M
D&A	$51M
EBIT	$125M
EBITDA	$177M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.6B
Cost of Revenue	$1.5B
GROSS PROFIT	$1.0B
R&D Expenses	$0
Selling & Marketing	$78M
General & Administrative	$834M
SG&A Expenses	$913M
Other Expenses	$0
Operating Expenses	$913M
Cost & Expenses	$2.4B
OPERATING INCOME	$135M
Interest Income	$899.0K
Interest Expense	$17M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$109M
Income Tax Expense	$27M
Net Income from Continuing Ops	$82M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$81M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$79M
D&A	$51M
EBIT	$125M
EBITDA	$177M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$82M
Depreciation & Amortization	$51M
Stock-Based Compensation	$7M
Deferred Income Tax	$11M
Other Non-Cash Items	$19M
Change in Working Capital	-$22M
OPERATING CASH FLOW	$149M
Capital Expenditure	-$81M
Acquisitions (Net)	$7M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$7M
NET CASH FROM INVESTING	-$74M
Net Debt Issuance	$0
Common Stock Repurchased	-$5M
Common Dividends Paid	-$12M
Other Financing Activities	-$6M
NET CASH FROM FINANCING	-$23M
FREE CASH FLOW	$68M
Net Change in Cash	$51M

Balance Sheet

Item	Amount
Cash & Equivalents	$118M
Short-Term Investments	$0
Net Receivables	$154M
Inventory	$547M
Other Current Assets	$57M
TOTAL CURRENT ASSETS	$875M
PP&E (Net)	$179M
Goodwill	$14M
Intangible Assets	$117M
Long-Term Investments	-$2M
Tax Assets	$2M
Other Non-Current Assets	$118M
TOTAL NON-CURRENT ASSETS	$428M
TOTAL ASSETS	$1.3B
Account Payables	$238M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$94M
TOTAL CURRENT LIABILITIES	$390M
Long-Term Debt	$197M
Deferred Revenue NC	$14M
Deferred Tax Liabilities	$32M
Other Non-Current Liabilities	$82M
TOTAL NON-CURRENT LIABILITIES	$311M
TOTAL LIABILITIES	$701M
Common Stock	$437.0K
Additional Paid-In Capital	$139M
Retained Earnings	$468M
Treasury Stock	$0
Accum. Other Comp. Income	-$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$601M
Minority Interest	$988.0K
TOTAL EQUITY	$602M
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$197M
Net Debt	$78M