Caleres Declares Regular Quarterly Dividend

Caleres (NYSE: CAL, caleres.com) today declared a quarterly dividend of $0.07 per share, payable January 3, 2017, to shareholders of record as of December 27, 2016.

This dividend will be the 375th consecutive quarterly dividend paid by the company.

About Caleres

Caleres is a diverse portfolio of global footwear brands, which fit people’s lives: Family, Healthy Living and Contemporary Fashion. Our products are available virtually everywhere - in the over 1,200 retail stores we operate, in hundreds of major department and specialty stores, on our branded e-commerce sites, and on many additional third-party retail websites. Famous Footwear and Famous.com serve as our Family brands. Our Contemporary Fashion brands include Sam Edelman, Franco Sarto, Vince, Via Spiga, George Brown Bilt, Diane von Furstenberg, Fergie Footwear and Carlos Santana. Naturalizer, Dr. Scholl's, LifeStride, Bzees and Ryka represent our Healthy Living brands. Combined, these brands help make Caleres a company with both a legacy and a mission. Our legacy is our more than 130 years of craftsmanship, our passion for fit and our business savvy, while our mission is to continue to inspire people to feel good feet first. Visit caleres.com to learn more about us.

Contacts:

Caleres
Peggy Reilly Tharp, 314-854-4134
ptharp@caleres.com

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