earnings
confidence high
sentiment positive
materiality 0.80
Caleres posts record Q2 sales $738M, EPS $1.38; raises FY sales guidance, reaffirms EPS $4.20-$4.40
CALERES INC
2022-Q2 EPS reported
$2.70
revenue$1,473,445,000
- Record Q2 net sales $738.3M (+9.3% YoY); diluted EPS $1.38 vs $0.97.
- Famous Footwear sales -3.8%; Brand Portfolio +35.6%; DTC 72% of total sales.
- Repurchased 1.1M shares for $27M; returned $29.6M to shareholders.
- Raises FY22 sales growth outlook to +4-6% (from +2-5%); reaffirms EPS $4.20-$4.40.
- Trailing 12-month adj. EBITDA $324.2M (11.0% of sales); inventory up 36% YoY.