Caleres sees ‘up to 6c risk’ to Q4 EPS guidance from Saks Global bankruptcy

The company provided an update on fourth quarter results. “We are still evaluating the full impact of the Saks Global bankruptcy; however, this could result in sales volatility and up to $0.06 risk to our fourth quarter earnings per diluted share guidance. Additionally, we may incur charges related to restructuring not previously anticipated in guidance. Excluding these potential impacts, our sales and earnings per diluted share outlook for the fourth quarter and fiscal 2025 are in-line with previous guidance provided in the company’s press release issued on December 9, 2025.”