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Side-by-side financial comparison of BREAD FINANCIAL HOLDINGS, INC. (BFH) and CALERES INC (CAL). Click either name above to swap in a different company.
BREAD FINANCIAL HOLDINGS, INC. is the larger business by last-quarter revenue ($975.0M vs $790.1M, roughly 1.2× CALERES INC). On growth, CALERES INC posted the faster year-over-year revenue change (6.6% vs 5.4%). Over the past eight quarters, CALERES INC's revenue compounded faster (6.5% CAGR vs -0.8%).
Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
Caleres Inc. is an American footwear company that owns and operates a variety of footwear brands. Its headquarters is located in Clayton, Missouri, a suburb of St. Louis. The company was founded in 1878 as Bryan, Brown & Company in St. Louis, though it underwent several name changes. The Hamilton-Brown Shoe Company was the largest manufacturer of shoes in America in the early 20th century, but it went bankrupt in June 1939.
BFH vs CAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $975.0M | $790.1M |
| Net Profit | — | $2.4M |
| Gross Margin | — | 41.8% |
| Operating Margin | 4.9% | 1.5% |
| Net Margin | — | 0.3% |
| Revenue YoY | 5.4% | 6.6% |
| Net Profit YoY | — | -94.2% |
| EPS (diluted) | $1.21 | $0.07 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $975.0M | $790.1M | ||
| Q3 25 | $971.0M | $658.5M | ||
| Q2 25 | $929.0M | $614.2M | ||
| Q1 25 | $970.0M | $639.2M | ||
| Q4 24 | $925.0M | $740.9M | ||
| Q3 24 | $983.0M | $683.3M | ||
| Q2 24 | $939.0M | $659.2M | ||
| Q1 24 | $991.0M | $697.1M |
| Q4 25 | — | $2.4M | ||
| Q3 25 | $188.0M | $6.7M | ||
| Q2 25 | $139.0M | $6.9M | ||
| Q1 25 | $138.0M | $4.9M | ||
| Q4 24 | — | $41.4M | ||
| Q3 24 | $2.0M | $30.0M | ||
| Q2 24 | $133.0M | $30.9M | ||
| Q1 24 | $134.0M | $55.7M |
| Q4 25 | — | 41.8% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 45.4% | ||
| Q1 25 | — | 43.0% | ||
| Q4 24 | — | 44.1% | ||
| Q3 24 | — | 45.5% | ||
| Q2 24 | — | 46.9% | ||
| Q1 24 | — | 43.9% |
| Q4 25 | 4.9% | 1.5% | ||
| Q3 25 | 20.2% | 1.4% | ||
| Q2 25 | 18.7% | 1.9% | ||
| Q1 25 | 20.3% | 1.2% | ||
| Q4 24 | -2.9% | 7.7% | ||
| Q3 24 | 4.1% | 6.2% | ||
| Q2 24 | 19.2% | 6.5% | ||
| Q1 24 | 19.0% | 4.4% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | 19.4% | 1.0% | ||
| Q2 25 | 15.0% | 1.1% | ||
| Q1 25 | 14.2% | 0.8% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | 0.2% | 4.4% | ||
| Q2 24 | 14.2% | 4.7% | ||
| Q1 24 | 13.5% | 8.0% |
| Q4 25 | $1.21 | $0.07 | ||
| Q3 25 | $3.96 | $0.20 | ||
| Q2 25 | $2.94 | $0.21 | ||
| Q1 25 | $2.78 | $0.17 | ||
| Q4 24 | $0.08 | $1.19 | ||
| Q3 24 | $0.05 | $0.85 | ||
| Q2 24 | $2.66 | $0.88 | ||
| Q1 24 | $2.70 | $1.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6B | $34.0M |
| Total DebtLower is stronger | $4.3B | — |
| Stockholders' EquityBook value | $3.3B | $616.8M |
| Total Assets | $22.7B | $2.1B |
| Debt / EquityLower = less leverage | 1.29× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.6B | $34.0M | ||
| Q3 25 | $3.8B | $191.5M | ||
| Q2 25 | $3.8B | $33.1M | ||
| Q1 25 | $4.2B | $29.6M | ||
| Q4 24 | $4.0B | $33.7M | ||
| Q3 24 | $3.5B | $51.8M | ||
| Q2 24 | $4.1B | $30.7M | ||
| Q1 24 | $3.8B | $21.4M |
| Q4 25 | $4.3B | — | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.6B | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.3B | $616.8M | ||
| Q3 25 | $3.3B | $613.3M | ||
| Q2 25 | $3.2B | $605.2M | ||
| Q1 25 | $3.1B | $599.0M | ||
| Q4 24 | $3.1B | $598.3M | ||
| Q3 24 | $3.1B | $606.1M | ||
| Q2 24 | $3.2B | $570.3M | ||
| Q1 24 | $3.0B | $560.6M |
| Q4 25 | $22.7B | $2.1B | ||
| Q3 25 | $21.7B | $2.2B | ||
| Q2 25 | $21.8B | $1.9B | ||
| Q1 25 | $22.4B | $1.9B | ||
| Q4 24 | $22.9B | $2.0B | ||
| Q3 24 | $21.7B | $2.0B | ||
| Q2 24 | $22.1B | $1.9B | ||
| Q1 24 | $22.3B | $1.8B |
| Q4 25 | 1.29× | — | ||
| Q3 25 | 1.14× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.67× | — | ||
| Q4 24 | 1.82× | — | ||
| Q3 24 | 1.47× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $568.0M | $-1.2M |
| Free Cash FlowOCF − Capex | — | $-12.4M |
| FCF MarginFCF / Revenue | — | -1.6% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | — | -0.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $14.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $568.0M | $-1.2M | ||
| Q3 25 | $605.0M | $47.3M | ||
| Q2 25 | $526.0M | $-5.7M | ||
| Q1 25 | $393.0M | $28.7M | ||
| Q4 24 | $479.0M | $-39.8M | ||
| Q3 24 | $456.0M | $79.6M | ||
| Q2 24 | $477.0M | $36.1M | ||
| Q1 24 | $447.0M | $43.0M |
| Q4 25 | — | $-12.4M | ||
| Q3 25 | — | $35.0M | ||
| Q2 25 | — | $-26.2M | ||
| Q1 25 | — | $18.0M | ||
| Q4 24 | — | $-57.4M | ||
| Q3 24 | — | $68.5M | ||
| Q2 24 | — | $26.3M | ||
| Q1 24 | — | $32.4M |
| Q4 25 | — | -1.6% | ||
| Q3 25 | — | 5.3% | ||
| Q2 25 | — | -4.3% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | -7.7% | ||
| Q3 24 | — | 10.0% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | 4.6% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 1.5% |
| Q4 25 | — | -0.50× | ||
| Q3 25 | 3.22× | 7.05× | ||
| Q2 25 | 3.78× | -0.81× | ||
| Q1 25 | 2.85× | 5.82× | ||
| Q4 24 | — | -0.96× | ||
| Q3 24 | 228.00× | 2.66× | ||
| Q2 24 | 3.59× | 1.17× | ||
| Q1 24 | 3.34× | 0.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFH
Segment breakdown not available.
CAL
| Brand Portfolio | $383.7M | 49% |
| Landed Wholesale | $148.1M | 19% |
| Wholesale E Commerce | $75.0M | 9% |
| Ecommerce | $68.8M | 9% |
| Stuart Weitzman Brand | $45.8M | 6% |
| Landed Wholesale Ecommerce Drop Ship | $30.6M | 4% |
| First Cost Wholesale | $14.9M | 2% |
| Clt Brand Solutions | $10.2M | 1% |
| License And Royalty | $2.1M | 0% |
