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2026-01-22 06:40
- Caleres (CAL) on Wednesday said that Senior Vice President and Chief Accounting Officer Dan Karpel has been appointed interim Chief Financial Officer, effective immediately.
- Karpel succeeds Jack Calandra, who will leave the footwear company at the end of the month.
- Caleres said Calandra’s departure is not related to any disagreement, and that it has begun an external search for a permanent CFO.
- Separately, Caleres said it is still assessing the impact of the Saks Global bankruptcy, which could result in sales volatility and pose up to a $0.06 risk to fourth-quarter earnings per diluted share.
- Excluding those potential impacts, the company said its fourth-quarter and full-year 2025 outlook remains in line with prior guidance.
- CAL +0.07% after hours to $14.05.
- Source: Press Release
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