LOWOutside partySupplier
24%
Nike, Skechers, and adidas
“10-K Item 1A: 'Products purchased from three key third-party suppliers (Nike, Skechers and adidas) represented approximately 24% of consolidated net sales in 2025.'”
CAL · Concentration risk · 10-K extracted
Caleres (CAL) concentration risks
Updated
The most significant concentration Caleres discloses is Nike, Skechers, and adidas at 24%, classified LOW by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Caleres’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH0
MEDIUM0
LOW2
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
LOWOutside partySupplier
20%
China (sourcing)
“10-K Item 1A: 'Approximately 20% of the footwear we sourced in 2025 was from China.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-08-09Caleres' disclosed concentration risks are both low-share and sit on the supply side rather than the customer or geographic-revenue side. Products purchased from three key third-party suppliers — Nike, Skechers and adidas — represented approximately 24% of consolidated net sales in 2025, a low-share, dependency-type exposure spread across three separate brand relationships rather than concentrated in one. Separately, approximately 20% of the footwear Caleres sourced in 2025 came from China, also a low-share exposure tied to manufacturing geography rather than a single supplier or customer. Neither exposure is large enough on its own to be a primary swing factor for the verdict, and the branded-supplier exposure is further diluted by being split across three well-known athletic brands rather than one. The China sourcing figure is more of a macro and trade-policy sensitivity than a counterparty risk. Together, these two low-share exposures suggest Caleres carries modest, diversified dependency risk rather than any single point of failure in its supply chain.
For the engine’s reasoning on CAL’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Apparel Retail
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| BKE | Buckle, Inc. (The) | 0 | 2 | 1 | 3 |
| ANF | Abercrombie & Fitch Company | 0 | 2 | 0 | 2 |
| AEO | American Eagle Outfitters, Inc. | 0 | 1 | 0 | 1 |
| BOOT | Boot Barn Holdings, Inc. | 0 | 1 | 0 | 1 |
| CAL● | Caleres, Inc. | 0 | 0 | 2 | 2 |
| BURL | Burlington Stores, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.