AG˹ٷ

STOCK TITAN

[8-K] Caleres Inc Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Caleres, Inc. (NYSE: CAL) filed an 8-K announcing it closed the purchase of the Stuart Weitzman brand from Tapestry on 4 Aug 2025. The deal, first signed 16 Feb 2025, was completed for a gross consideration of $120.2 million, of which $11.5 million was cash held by the target at closing. Net cash outlay: $108.7 million, subject to customary working-capital true-ups.

The Sale & Purchase Agreement (Ex. 2.1) and Amendment No. 1 (Ex. 2.2) are incorporated by reference. Caleres also released a press statement (Ex. 99.1) announcing the completion; the 8-K notes that the release is furnished, not filed, under Reg FD.

No financing terms, pro-forma financials or earnings guidance were provided in the filing.

Caleres, Inc. (NYSE: CAL) ha presentato un modulo 8-K annunciando di aver completato l'acquisto del marchio Stuart Weitzman da Tapestry il 4 agosto 2025. L'accordo, inizialmente firmato il 16 febbraio 2025, è stato finalizzato per una considerazione lorda di 120,2 milioni di dollari, di cui 11,5 milioni di dollari in contanti detenuti dalla società target al momento della chiusura. Esborso netto in contanti: 108,7 milioni di dollari, soggetto agli aggiustamenti consueti del capitale circolante.

Il Contratto di Vendita e Acquisto (Ex. 2.1) e l'Emendamento n. 1 (Ex. 2.2) sono incorporati per riferimento. Caleres ha inoltre rilasciato un comunicato stampa (Ex. 99.1) per annunciare il completamento; il modulo 8-K precisa che il comunicato è fornito, non depositato, ai sensi del Reg FD.

Non sono stati forniti termini di finanziamento, dati finanziari pro-forma o previsioni sugli utili nella documentazione.

Caleres, Inc. (NYSE: CAL) presentó un formulario 8-K anunciando que cerró la compra de la marca Stuart Weitzman a Tapestry el 4 de agosto de 2025. El acuerdo, firmado inicialmente el 16 de febrero de 2025, se completó por una consideración bruta de 120,2 millones de dólares, de los cuales 11,5 millones de dólares eran efectivo retenido por la empresa objetivo al cierre. Desembolso neto en efectivo: 108,7 millones de dólares, sujeto a ajustes habituales de capital de trabajo.

El Contrato de Compraventa (Ex. 2.1) y la Enmienda N° 1 (Ex. 2.2) se incorporan por referencia. Caleres también emitió un comunicado de prensa (Ex. 99.1) anunciando la finalización; el 8-K señala que el comunicado se proporciona, no se presenta, bajo el Reg FD.

No se proporcionaron términos de financiamiento, estados financieros pro forma ni guías de ganancias en la presentación.

Caleres, Inc. (NYSE: CAL)� 2025� 8� 4� Tapestry로부� Stuart Weitzman 브랜� 인수� 완료했다� 8-K 보고서를 통해 발표했습니다. � 거래� 2025� 2� 16일에 처음 체결되었으며, � 대금은 1� 2,020� 달러이고, � � 1,150� 달러� 인수 대� 회사가 종결 � 보유� 현금입니�. � 현금 지출액은 1� 870� 달러이며, 통상적인 운전자본 조정� 적용됩니�.

매매 계약�(Ex. 2.1)와 1� 수정�(Ex. 2.2)은 참조 문서� 포함되어 있습니다. Caleres� 인수 완료� 알리� 보도자료(Ex. 99.1)� 발표했으�, 8-K 보고서에� 해당 보도자료가 Reg FD� 따라 제출� 것이 아니� 제공� 것임� 명시했습니다.

금융 조건, 프로포마 재무제표 또는 수익 가이드� 제출서류� 포함되지 않았습니�.

Caleres, Inc. (NYSE : CAL) a déposé un formulaire 8-K annonçant qu'elle avait finalisé l'achat de la marque Stuart Weitzman auprès de Tapestry le 4 août 2025. L'accord, initialement signé le 16 février 2025, a été conclu pour une contrepartie brute de 120,2 millions de dollars, dont 11,5 millions de dollars en liquidités détenues par la cible à la clôture. Sortie nette de trésorerie : 108,7 millions de dollars, sous réserve des ajustements habituels du fonds de roulement.

Le contrat de vente (Ex. 2.1) et l'amendement n° 1 (Ex. 2.2) sont incorporés par référence. Caleres a également publié un communiqué de presse (Ex. 99.1) annonçant la finalisation ; le formulaire 8-K précise que ce communiqué est fourni, mais non déposé, conformément au règlement FD.

Aucune condition de financement, donnée financière pro forma ou prévision de résultats n'a été fournie dans le dépôt.

Caleres, Inc. (NYSE: CAL) hat am 4. August 2025 in einem 8-K gemeldet, dass es den Kauf der Marke Stuart Weitzman von Tapestry abgeschlossen hat. Der Deal, der erstmals am 16. Februar 2025 unterzeichnet wurde, wurde für eine Bruttokaufpreiszahlung von 120,2 Millionen US-Dollar abgeschlossen, wovon 11,5 Millionen US-Dollar Barbestand des Zielunternehmens zum Closing waren. Netto-Baraufwand: 108,7 Millionen US-Dollar, vorbehaltlich üblicher Anpassungen des Working Capitals.

Der Kaufvertrag (Ex. 2.1) und die Änderung Nr. 1 (Ex. 2.2) sind durch Verweis aufgenommen. Caleres veröffentlichte zudem eine Pressemitteilung (Ex. 99.1) zur Bekanntgabe des Abschlusses; im 8-K wird darauf hingewiesen, dass die Mitteilung gemäß Reg FD bereitgestellt, aber nicht eingereicht wurde.

Finanzierungsbedingungen, Pro-forma-Finanzzahlen oder Gewinnprognosen wurden in der Einreichung nicht angegeben.

Positive
  • Acquisition closed: Caleres completed purchase of Stuart Weitzman for a net $108.7 M, adding a well-known luxury brand to its portfolio.
Negative
  • None.

Insights

TL;DR: Caleres officially adds Stuart Weitzman for net $108.7 M, expanding premium brand portfolio; financial terms otherwise undisclosed.

The closing eliminates execution risk on a transaction first disclosed in February 2025, giving Caleres immediate ownership of a globally recognised luxury footwear label. The sub-$125 M price tag is modest relative to typical luxury transactions and includes cash on the acquired balance sheet, implying an attractive multiple if the brand is profitable. Because the filing omits financing details, leverage impact is unknown, but integration and brand diversification should enhance Caleres� strategic positioning in higher-margin segments. The absence of pro-forma data limits immediate assessment of EPS accretion.

Caleres, Inc. (NYSE: CAL) ha presentato un modulo 8-K annunciando di aver completato l'acquisto del marchio Stuart Weitzman da Tapestry il 4 agosto 2025. L'accordo, inizialmente firmato il 16 febbraio 2025, è stato finalizzato per una considerazione lorda di 120,2 milioni di dollari, di cui 11,5 milioni di dollari in contanti detenuti dalla società target al momento della chiusura. Esborso netto in contanti: 108,7 milioni di dollari, soggetto agli aggiustamenti consueti del capitale circolante.

Il Contratto di Vendita e Acquisto (Ex. 2.1) e l'Emendamento n. 1 (Ex. 2.2) sono incorporati per riferimento. Caleres ha inoltre rilasciato un comunicato stampa (Ex. 99.1) per annunciare il completamento; il modulo 8-K precisa che il comunicato è fornito, non depositato, ai sensi del Reg FD.

Non sono stati forniti termini di finanziamento, dati finanziari pro-forma o previsioni sugli utili nella documentazione.

Caleres, Inc. (NYSE: CAL) presentó un formulario 8-K anunciando que cerró la compra de la marca Stuart Weitzman a Tapestry el 4 de agosto de 2025. El acuerdo, firmado inicialmente el 16 de febrero de 2025, se completó por una consideración bruta de 120,2 millones de dólares, de los cuales 11,5 millones de dólares eran efectivo retenido por la empresa objetivo al cierre. Desembolso neto en efectivo: 108,7 millones de dólares, sujeto a ajustes habituales de capital de trabajo.

El Contrato de Compraventa (Ex. 2.1) y la Enmienda N° 1 (Ex. 2.2) se incorporan por referencia. Caleres también emitió un comunicado de prensa (Ex. 99.1) anunciando la finalización; el 8-K señala que el comunicado se proporciona, no se presenta, bajo el Reg FD.

No se proporcionaron términos de financiamiento, estados financieros pro forma ni guías de ganancias en la presentación.

Caleres, Inc. (NYSE: CAL)� 2025� 8� 4� Tapestry로부� Stuart Weitzman 브랜� 인수� 완료했다� 8-K 보고서를 통해 발표했습니다. � 거래� 2025� 2� 16일에 처음 체결되었으며, � 대금은 1� 2,020� 달러이고, � � 1,150� 달러� 인수 대� 회사가 종결 � 보유� 현금입니�. � 현금 지출액은 1� 870� 달러이며, 통상적인 운전자본 조정� 적용됩니�.

매매 계약�(Ex. 2.1)와 1� 수정�(Ex. 2.2)은 참조 문서� 포함되어 있습니다. Caleres� 인수 완료� 알리� 보도자료(Ex. 99.1)� 발표했으�, 8-K 보고서에� 해당 보도자료가 Reg FD� 따라 제출� 것이 아니� 제공� 것임� 명시했습니다.

금융 조건, 프로포마 재무제표 또는 수익 가이드� 제출서류� 포함되지 않았습니�.

Caleres, Inc. (NYSE : CAL) a déposé un formulaire 8-K annonçant qu'elle avait finalisé l'achat de la marque Stuart Weitzman auprès de Tapestry le 4 août 2025. L'accord, initialement signé le 16 février 2025, a été conclu pour une contrepartie brute de 120,2 millions de dollars, dont 11,5 millions de dollars en liquidités détenues par la cible à la clôture. Sortie nette de trésorerie : 108,7 millions de dollars, sous réserve des ajustements habituels du fonds de roulement.

Le contrat de vente (Ex. 2.1) et l'amendement n° 1 (Ex. 2.2) sont incorporés par référence. Caleres a également publié un communiqué de presse (Ex. 99.1) annonçant la finalisation ; le formulaire 8-K précise que ce communiqué est fourni, mais non déposé, conformément au règlement FD.

Aucune condition de financement, donnée financière pro forma ou prévision de résultats n'a été fournie dans le dépôt.

Caleres, Inc. (NYSE: CAL) hat am 4. August 2025 in einem 8-K gemeldet, dass es den Kauf der Marke Stuart Weitzman von Tapestry abgeschlossen hat. Der Deal, der erstmals am 16. Februar 2025 unterzeichnet wurde, wurde für eine Bruttokaufpreiszahlung von 120,2 Millionen US-Dollar abgeschlossen, wovon 11,5 Millionen US-Dollar Barbestand des Zielunternehmens zum Closing waren. Netto-Baraufwand: 108,7 Millionen US-Dollar, vorbehaltlich üblicher Anpassungen des Working Capitals.

Der Kaufvertrag (Ex. 2.1) und die Änderung Nr. 1 (Ex. 2.2) sind durch Verweis aufgenommen. Caleres veröffentlichte zudem eine Pressemitteilung (Ex. 99.1) zur Bekanntgabe des Abschlusses; im 8-K wird darauf hingewiesen, dass die Mitteilung gemäß Reg FD bereitgestellt, aber nicht eingereicht wurde.

Finanzierungsbedingungen, Pro-forma-Finanzzahlen oder Gewinnprognosen wurden in der Einreichung nicht angegeben.

0000014707false00000147072025-08-042025-08-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 4, 2025

CALERES, INC.

(Exact name of registrant as specified in its charter)

New York

  

1-2191

  

43-0197190

(State or other jurisdiction of

 

 

incorporation or organization)

(Commission File Number)

(IRS Employer Identification Number)

8300 Maryland Avenue St. Louis, Missouri

    

63105

(Address of principal executive offices)

 

(Zip Code)

(314) 854-4000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock - par value of $0.01 per share

CAL

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 2.01.Completion of Acquisition or Disposition of Assets.

On August 4, 2025, Caleres, Inc. (the “Company”) completed the previously announced acquisition of the Stuart Weitzman brand (the “Acquisition”) from Tapestry, Inc., a Maryland corporation (the “Seller”). The Acquisition was made pursuant to the terms and conditions of that certain Sale and Purchase Agreement, dated as of February 16, 2025 (the “Purchase Agreement”), by and between the Company and Seller, as amended. The purchase price for the acquisition was $120.2 million, which included $11.5 million in cash received at the closing. Excluding cash received at the closing, the net purchase price was $108.7 million. The purchase price is subject to final adjustments for net working capital.

The foregoing description of the Acquisition, the Purchase Agreement and the transactions contemplated thereby, does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Purchase Agreement, which is filed as Exhibit 2.1, and Amendment No. 1 to the Purchase Agreement, which is filed as Exhibit 2.2, to this Current Report on Form 8-K and are incorporated herein by reference into this Item 2.01.

Item 7.01.Regulation FD Disclosure.

On August 4, 2025, the Company issued a press release (the “Press Release”) announcing the completion of the Acquisition. A copy of the Press Release is being filed as Exhibit 99.1 hereto, and the statements contained therein are incorporated by reference herein.

The information in Item 7.01 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of such section, nor shall such information or exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01.Financial Statements and Exhibits.

(d)Exhibits.

Exhibit No.

Description

2.1†

Sale and Purchase Agreement, dated February 16, 2025, by and between Caleres, Inc. and Tapestry, Inc. (incorporated by reference to Exhibit 2.1 of the Form 8-K filed with the SEC on February 19, 2025)

2.2†

Amendment No. 1 to Sale and Purchase Agreement, dated as of August 4, 2025, by and between Caleres, Inc. and Tapestry, Inc.

99.1

Press Release Issued August 4, 2025 announcing the completion of the Stuart Weitzman brand acquisition

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

† The Company has omitted the schedules and exhibits pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish to the Securities and Exchange Commission a copy of any omitted schedule or exhibit upon request.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    

CALERES, INC.

 

 

(Registrant)

 

 

 

 

 

 

Date:  August 5, 2025

/s/ Thomas C. Burke

 

 

Thomas C. Burke

 

 

Senior Vice President, General Counsel and Secretary

FAQ

What did Caleres (CAL) announce in its August 4 2025 8-K?

The company closed its acquisition of the Stuart Weitzman brand from Tapestry for a gross $120.2 M, net $108.7 M.

How much did Caleres pay for Stuart Weitzman?

Total consideration was $120.2 million, including $11.5 million in target cash; effective net purchase price is $108.7 million.

When was the Stuart Weitzman acquisition originally agreed?

The Sale and Purchase Agreement was signed on February 16, 2025.

Where can investors find the full purchase agreement?

The complete agreement is filed as Exhibit 2.1, with Amendment No. 1 as Exhibit 2.2 to the 8-K.

Is the accompanying press release considered "filed" with the SEC?

No. Item 7.01 states the release (Ex. 99.1) is furnished, not filed, under Regulation FD.
Caleres Inc

NYSE:CAL

CAL Rankings

CAL Latest News

CAL Latest SEC Filings

CAL Stock Data

445.10M
32.36M
3.54%
101.51%
18.07%
Apparel Retail
Footwear, (no Rubber)
United States
ST LOUIS