earnings
confidence high
sentiment neutral
materiality 0.65
Caleres reports record FY2022 sales and EPS; FY2023 guidance below prior year
CALERES INC
2022-FY EPS reported
$4.92
revenue$2,968,138,000
- Q4 net sales $696.4M (+2.5% YoY); GAAP EPS $1.13 (vs $0.88), adjusted EPS $0.65 (vs $0.91).
- FY2022 net sales $2.97B (+6.9% YoY); GAAP EPS $4.92 (record), adjusted EPS $4.52.
- Brand Portfolio Q4 sales +6.4%; Famous Footwear comparable sales +0.7%, segment sales flat.
- FY2023 guidance: net sales flat to +2%; EPS $4.10-$4.30, below prior-year $4.92.
- Inventory down 2.8% YoY; returned $73.4M via buybacks ($63.2M) and dividends ($10.2M).