Caleres, Inc. · NYSE:CAL
Caleres — Q4 2015 Earnings Presentation
8 slides from Caleres's earnings presentation, Mar 15, 2016
Slide 1: Fourth Quarter 2015 Earnings
CALERES Fourth Quarter 2015 Earnings March 15, 2015
Slide 2: Safe harbor statement
Safe harbor statement Under the private securities litigation reform act of 1995 This presentation contains certain forward-looking statements and expectations regarding the company’s future performance and the performance of its brands. Such statements are subject to various risks and uncertainties
Slide 3: Results: 2015 vs. 2014
Results : 2015 vs. 2014 4Q’15 FY’15 • Net sales of $608.7M • Net sales of $2,577.4M up 0.4%(1) up 2.0%(1) • Gross margin up 55 bps • Gross margin up 21 bps to 40.8% to 40.7% • Adjusted operating margin • Adjusted operating margin up 13 bps to 2.8% up 21 bps to 5.2% • Adjusted diluted EPS of $0.26 •
Slide 4: Operating highlights: Famous Footwear 2015 vs. 2014
Operating highlights : Famous Footwear 2015 vs. 2014 4Q’15 FY’15 • Sales of $360.6M, up 0.2% (1) • Sales of $1.6B, up 1.9% (1) − Same-store-sales up 0.8% • Same-store-sales up 1.9% • November down ~2% • Revenue per sq. ft. • December up ~2% of $217, up 1% • January up ~3% • Record operating − E-comm
Slide 5: Operating highlights: Brand Portfolio 2015
Operating highlights : Brand Portfolio 2015 4Q’15 FY’15 • Sales of $248.1M, up 0.8% • Sales of $1,004.8M, up 2.3% • Contemporary Fashion sales • Contemporary Fashion sales of of $120.9M, up 9.1% $437.4M, up 5.8% − Contributions from Sam Edelman and − All brands delivered, excluding Franco Sarto, amo
Slide 6: Financial results: 4Q'15 and FY'15
Financial results : 4Q’ and FY’15 US$M, except per share (unaudited) 4Q’15 4Q’14 4Q Chg FY’15 FY’14 FY Chg (1) Consolidated sales $608.7 $606.0 0.4% $2,577.4 $2,526.0 2.0% Famous Footwear(1) $360.6 $359.9 0.2% $1,572.7 $1,543.6 1.9% Brand Portfolio $248.1 $246.0 0.8% $1,004.8 $982.5 2.3% Adj. net ea
Slide 7: FY'16: guidance
FY’16 : guidance Metric FY’16 Consolidated net sales $2.65B to $2.68B Famous Footwear same-store-sales Up low-single digits Brand Portfolio sales Up mid-single digits Gross margin Up 10 to 20 bps SG&A, as a percent of revenue Flat to down 10 bps Effective tax rate 30% to 32% Earnings per diluted sha
Slide 8: For more information about CAL, contact
For more information about CAL, contact ptharp@caleres.com