earnings
confidence high
sentiment positive
materiality 0.75
Caleres reports record Q1 sales $735.1M, EPS $1.32; raises FY22 guidance to $4.20-$4.40
CALERES INC
2022-Q1 EPS reported
$1.32
revenue$735,116,000
- Net sales $735.1M, up 15.1% YoY; gross margin 44.5%, up 144 bps.
- Record net earnings $50.5M, diluted EPS $1.32 vs $0.16 prior year.
- Famous Footwear gross margin 49.2%, up 405 bps; Brand Portfolio sales +46.1%.
- Repurchased 701k shares (~1.9% outstanding) for $14.7M; paid $2.6M dividends.
- FY22 guidance raised: sales up 2-5% YoY; EPS $4.20-$4.40, another record year.