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

Issuer:     CALERES INC (CAL)
CIK:        0000014707
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0000014707-23-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caleres reports record FY2022 sales and EPS; FY2023 guidance below prior year
-----------------------------------------------------------------------------

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14707/000001470723000010/0000014707-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14707/000001470723000010/cal-20230314x8k.htm
  HTML page:      https://secwatch.observer/filing/0000014707-23-000010

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