Filing Flows › Caleres (CAL) › Q2 FY27
Caleres (CAL) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 10, 2026
Caleres (CAL) reported revenue of $695M for the second quarter fiscal 2027 (Q2 FY27), +6% from a year earlier and +4% from the quarter before. Operating margin was 11.2%, net earnings $58.6M (8.4% of revenue).
Caleres, Q2 FY27: revenue $695M (+6% year over year), operating margin 11.2%, net earnings $58.6M, operating cash flow $83.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $695M | +4% | +6% |
| Gross profit | $381M | +21% | +33% |
| Operating profit | $77.6M | +225% | +735% |
| Net earnings | $58.6M | +311% | +774% |
| Operating cash flow | $83.6M | — | +77% |
| Free cash flow | $75.6M | — | +116% |
What changed
Revenue was $695.5M in Q2 FY27, up 6% year over year and up 4% from the previous quarter. Retail stores was the largest line at 51% of revenue. Wholesale - e-commerce added $19.5M year over year (up 43%), 53% of the total change. Licensing and royalty declined 4%.
Gross margin was 54.8%, up 11.4 points from Q2 FY26. Operating profit was $77.6M, a 11.2% margin (up 9.7 points year over year). Of the extra revenue versus Q2 FY26, 185% reached operating profit, above the 1% margin then. Operating expenses grew 10% against revenue growth of 6%. Net earnings were $58.6M, up 774% year over year. The effective tax rate was 23.6%.
Operating cash flow was $83.6M (up 77% year over year), 141% of net earnings. Non-cash charges added back $14.4M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $6.1M. Capital expenditures of $7.9M left free cash flow of $75.6M.
Questions
What was Caleres' revenue in the second quarter fiscal 2027?
Caleres (CAL) reported revenue of $695M for the second quarter fiscal 2027 (Q2 FY27), +6% from a year earlier and +4% from the quarter before.
Was Caleres profitable in the second quarter fiscal 2027?
Operating profit was $77.6M (11.2% of revenue) and net earnings $58.6M.
Source: Caleres 10-Q on SEC EDGAR.