Caleres, Inc. · NYSE:CAL
Caleres — Brown Shoe — Investor Presentation (June 2010)
27 slides from Caleres's investor presentation, Jun 8, 2010
Slide 1: Investor Presentation
Investor Presentation BROWN SHOE COMPANY COMPANY, INC. INC June 2010 1
Slide 2: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This investor update contains certain forward-looking statements and expectations regarding the Company’s future performance and the future performance of its brands. Such statements are subject to various risks and un
Slide 3: Brown Shoe: The Leader in Footwear
BROWN SHOE THE LEADER IN FOOTWEAR
Slide 4: At a glance
At a glance Inspiring people to feel good and live better…feet first through a powerful portfolio of global brands consumers love and trust Famous Footwear – leading family branded footwear retailer Naturalizer – one of the world’s largest women’s brands Dr. Scholl’s – iconic global comfort
Slide 5: Brown Shoe: The Leader in Footwear
BROWN SHOE THE LEADER IN FOOTWEAR
Slide 6: Current Initiatives
Current Initiatives Enhancing Retail Productivity Improving store-level economics through greater conversion and increased transaction value Increasing productivity of real estate portfolio Long-term target of $200+/sqft at Famous Footwear Leveraging strong multi-channel platform to reach
Slide 7: oo ROSS xmmacys
oo ROSS xmmacys JCPenney CARNAL SHOE yyy om a © Payless OTARGET Near Walmart >|< BON¢TON «com okomingdoles «= NORDSTROM = Zappos
Slide 8: @ ETIENNE AIGNER. MIA SPIGA.
@ ETIENNE AIGNER. MIA SPIGA. Siamous naturalfou/_ Fi. Naya FRANCO SARTO. Sum fda. $$ naturalizer i: CKELS { y. Se FERGALICIOUS a BY FERGIE Stipe vo—ER AW AN G j xi Natural@e Sport. ee sHoes.com
Slide 9: WIA SrieAs
WIA SrieAs FRANCO SARTO, @ ETIENNE AIGNER.
Slide 10: Naturalizer
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Slide 11: $$ naturalizer
$$ naturalizer puma (YK a ¢€ DOCKERS Famous Footwear Kia Caee Goun nue BIRKENSTOCK
Slide 12: Great Brands, Great Value
Great Brands, Great Value Leading family branded footwear retailer with over 1,100 stores in all 50 states More than 80 top p fashion and athletic footwear brands including Nike, Skechers, New Balance, DC, adidas, Converse, Dr. Scholl’s, Reebok, Steve Madden, Puma, Naturalizer, and LifeStride
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Slide 14: Famous Footwear magazine feature
@ famous -OOLWEar Vincent ison.a_. mission The first female winner of The Biggest Loser talks about her upcoming summer tour with Famous Footwear, life after reality TV, and how she believes she was destined to spread the gospel of Mind Body Sole, By Amy Nance and Sara Myers Prats by Chis Mtoe / Meo
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Slide 16: Naturalizer global brand
Global brand with distribution in 47 countries Approximately $500 million in net sales at retail around the world Broad-based success in last two quarters across multi-channel platform with double digit all-in net sales increases Top 4 women’s fashion brand across domestic channels* Increa
Slide 17: Tokyo, Japan / Paramus, NJ
Tokyo, Japan Paramus, NJ
Slide 18: Naturalizer website
naturalizer view all | dress | casual | fitness | sandals | handbags | new arrivals Every color just 83Qo0 Bright ar breezy for Summer sale s30%0 experience the N65 difference summer catalog Fenn koan tes fp fe r Eco-friendly styles that look good, feel good and do good ‘Shop Naya» Innovative comfor
Slide 19: Dr. Scholl's
Som THE MAKERS OF The Original EXERCISE SANDAL
Slide 20: Dr. Scholl's: Iconic Global Brand
Iconic Global Brand For over 100 years, Dr. Scholl’s has been a leading global health and wellness brand helping consumers live better The brand spans gender, age, distribution channels, and categories (fashion, athletic, healthy living, casuals, sandals, d l slippers, li b boots, t and d work
Slide 21: Appendix
BROWN SHOE Appendix
Slide 22: Outlook
Outlook: The Company has provided perspective on certain operating and balance sheet metrics to enhance transparency and provide insight into management expectations. The below metrics were provided on May 26, 2010 and this should not be considered an interim change, update, or affirmation of these
Slide 23: Review of Brown Shoe Results
Review of Brown Shoe Results 52 Weeks Ended 52 Weeks Ended (all $’s in millions except EPS) May 1, 2010 May 2, 2009 % Chg. Net Sales $2 300 9 $2,300.9 $2 260 6 $2,260.6 1 8% 1.8% Operating Earnings (Loss) GAAP $60.0 ($194.0) ++ Adjusted** $71.0 $20.4 248.2% EPS* GAAP $0 63 $0.63 ($3 56) ($3.56) ++ A
Slide 24: Operating Results By Segment Trailing 52 Weeks
Operating Results By Segment Trailing 52 Weeks Famous Footwear Wholesale Operations Specialty Retail 52 Weeks Ended 52 Weeks Ended 52 Weeks Ended 52 Weeks Ended 52 Weeks Ended 52 Weeks Ended May 1, 2010 May 2, 2009 May 1, 2010 May 2, 2009 May 1, 2010 May 2, 2009 Net Sales $1,408.2 $1,318.7 $637.7 $6
Slide 25: Reconciliation of GAAP to Adjusted (Non-GAAP) Earnings
Reconciliation of GAAP to Adjusted (Non-GAAP) Earnings 52 Weeks Ended May 1, 2010 52 Weeks Ended May 2, 2009 Net Earnings Diluted Net (Loss) Diluted (Loss) Earnings Earnings (Loss) Operating Attributable to (Loss) Operating Attributable to Earnings Earnings Brown Shoe Per Earnings Brown Shoe Per (Th
Slide 26: Reconciliation of Operating Earnings (Loss) to Adjusted EBITDA
Reconciliation of Operating Earnings (Loss) to Adjusted EBITDA (Millions of dollars) 52 Weeks Ended 52 Weeks Ended May 1, 2010 May 2, 2009 Operating Earnings (Loss) $60.0 ($194.0) Special Charges* 11.0 214.4 Adjusted Earnings Before Interest and Taxes (EBIT) 71.0 20.4 Depreciation & Amortization** 5
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