CAL FY 2019 Earnings Report — Caleres, Inc. Revenue & Financial Results | Market Cap Arena

Caleres, Inc.CAL

FY 2019 Earnings

Reported March 31, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$2.9B	—	$2.8B	—	3.1%
Op. Income	$61M	—	$401.0K	—	15097.3%
Gross Margin	40.5%	—	40.8%	—	-0.3pp
Net Margin	2.1%	—	-0.2%	—	2.3pp
EPS (Diluted)	$1.58	—	$-0.13	—	1315.4%
Free Cash Flow	$121M	—	$63M	—	92.4%

Revenue Flow

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$1.7B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$207M
General & Administrative	$859M
SG&A Expenses	$1.1B
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$2.8B
OPERATING INCOME	$61M
Interest Income	$33M
Interest Expense	$33M
Other Income/Expenses	$18M
INCOME BEFORE TAX	$79M
Income Tax Expense	$17M
Net Income from Continuing Ops	$62M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$62M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$61M
D&A	$66M
EBIT	$106M
EBITDA	$172M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$1.7B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$207M
General & Administrative	$859M
SG&A Expenses	$1.1B
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$2.8B
OPERATING INCOME	$61M
Interest Income	$33M
Interest Expense	$33M
Other Income/Expenses	$18M
INCOME BEFORE TAX	$79M
Income Tax Expense	$17M
Net Income from Continuing Ops	$62M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$62M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$61M
D&A	$66M
EBIT	$106M
EBITDA	$172M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$62M
Depreciation & Amortization	$66M
Stock-Based Compensation	$10M
Deferred Income Tax	$10M
Other Non-Cash Items	$22M
Change in Working Capital	$1M
OPERATING CASH FLOW	$171M
Capital Expenditure	-$50M
Acquisitions (Net)	$3M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$50M
Net Debt Issuance	-$25M
Common Stock Repurchased	-$23M
Common Dividends Paid	-$11M
Other Financing Activities	-$47M
NET CASH FROM FINANCING	-$106M
FREE CASH FLOW	$121M
Net Change in Cash	$15M

Balance Sheet

Item	Amount
Cash & Equivalents	$45M
Short-Term Investments	$0
Net Receivables	$162M
Inventory	$618M
Other Current Assets	$56M
TOTAL CURRENT ASSETS	$882M
PP&E (Net)	$920M
Goodwill	$245M
Intangible Assets	$294M
Long-Term Investments	-$10M
Tax Assets	$10M
Other Non-Current Assets	$89M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$2.4B
Account Payables	$267M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$394M
TOTAL CURRENT LIABILITIES	$851M
Long-Term Debt	$827M
Deferred Revenue NC	-$55M
Deferred Tax Liabilities	$55M
Other Non-Current Liabilities	-$580M
TOTAL NON-CURRENT LIABILITIES	$932M
TOTAL LIABILITIES	$1.8B
Common Stock	$404.0K
Additional Paid-In Capital	$153M
Retained Earnings	$524M
Treasury Stock	$0
Accum. Other Comp. Income	-$32M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$646M
Minority Interest	$3M
TOTAL EQUITY	$649M
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$1.2B
Net Debt	$1.2B