Thirteen Weeks Ended

($ thousands, except per share amounts)

May 4, 2024

April 29, 2023

NUMERATOR

Net earnings

$

30,798

$

34,792

Net loss (earnings) attributable to noncontrolling interests

141

(65)

Net earnings attributable to Caleres, Inc.

$

30,939

$

34,727

Net earnings allocated to participating securities

(1,208)

(1,478)

Net earnings attributable to Caleres, Inc. after allocation of earnings to participating securities

$

29,731

$

33,249

DENOMINATOR

Denominator for basic earnings per common share attributable to Caleres, Inc. shareholders

33,793

34,407

Dilutive effect of share-based awards

106

—

Denominator for diluted earnings per common share attributable to Caleres, Inc. shareholders

33,899

34,407

Basic earnings per common share attributable to Caleres, Inc. shareholders

$

0.88

$

0.97

Diluted earnings per common share attributable to Caleres, Inc. shareholders

$

0.88

$

0.97