Thirteen Weeks Ended

Thirty-Nine Weeks Ended

($ thousands, except per share amounts)

November 2, 2024

October 28, 2023

November 2, 2024

October 28, 2023

NUMERATOR

Net earnings

$

41,119

$

47,015

$

102,190

$

116,172

Net loss (earnings) attributable to noncontrolling interests

308

(101)

135

(588)

Net earnings attributable to Caleres, Inc.

$

41,427

$

46,914

$

102,325

$

115,584

Net earnings allocated to participating securities

(1,417)

(2,121)

(3,721)

(5,103)

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

$

40,010

$

44,793

$

98,604

$

110,481

DENOMINATOR

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

33,435

33,933

33,704

34,206

Dilutive effect of share-based awards

106

—

106

—

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

33,541

33,933

33,810

34,206

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

$

1.20

$

1.32

$

2.93

$

3.23

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

$

1.19

$

1.32

$

2.92

$

3.23