secwatch.observer — SEC 8-K summary
======================================

Issuer:     CALERES INC (CAL)
CIK:        0000014707
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0000014707-22-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caleres reports record Q1 sales $735.1M, EPS $1.32; raises FY22 guidance to $4.20-$4.40
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14707/000001470722000023/0000014707-22-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14707/000001470722000023/cal-20220524x8k.htm
  HTML page:      https://secwatch.observer/filing/0000014707-22-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer