Caleres Q4 adjusted EPS $0.86 (+32% YoY); Brand Portfolio sales up 4.5%; FY2024 EPS guidance $4.30-$4.60

CALERES INC

2023-FY EPS reported $4.80 revenue$2,817,294,000

Q4 adjusted EPS $0.86 (up 32% YoY); GAAP EPS $1.57 includes $0.76 deferred tax benefit.
Net sales $697.1M (+0.1% YoY); Brand Portfolio sales up 4.5%, Famous Footwear down 1.5% (comps -5.9%).
Brand Portfolio delivered record Q4 adjusted operating earnings; gross margin improved 660 bps to 42.6%.
FY2023 net sales $2.82B (-5.1%); adjusted EPS $4.18 (down from $4.52); revolver borrowings reduced $125.5M in year.
FY2024 guidance: net sales flat to up 2%, EPS $4.30-$4.60; Q1 EPS expected in line with Q4 adjusted.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CALERES INC reported quarter ended February 3, 2024 results: revenue $697.1 million, net income $55.8 million, EPS $1.57 per diluted share.

Period: quarter ended February 3, 2024
Revenue: $697.1 million
Net income: $55.8 million
EPS: $1.57 per diluted share
Result: reported results

Exact text from the filing

and create sustained value for our shareholders.” Fourth Quarter 2023 Results ( 14-weeks ended February 3, 2024, compared to 13-weeks ended January 28, 2023) ● Net sales were $697.1 million, up 0.1 percent from the fourth quarter of 2022; ‒ Famous Footwear segment net sales declined 1.5 percent, with comparable sales down 5.9 percent on a 13-week basis 1 ‒ Brand

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CALERES INC reported fiscal 2024 results: EPS $4.30 to $4.60 per diluted share. Guidance initiated.

Period: fiscal 2024
EPS: $4.30 to $4.60 per diluted share
Guidance: initiated
Result: guidance update

Exact text from the filing

Expects fiscal 2024 earnings per share of $4.30 to $4.60

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CALERES INC reported fiscal year ended February 3, 2024 results: revenue $2.82 billion, net income $171.4 million, EPS $4.80 per diluted share.

Period: fiscal year ended February 3, 2024
Revenue: $2.82 billion
Net income: $171.4 million
EPS: $4.80 per diluted share
Result: reported results

Exact text from the filing

share of $0.65 in the fourth quarter of fiscal 2022. Fiscal Year 2023 Results ( 53-weeks ended February 3, 2024, compared to 52-weeks ended January 28, 2023) ● Net sales were $2.82 billion, down 5.1 percent from fiscal 2022; ‒ Famous Footwear segment net sales declined 5.6 percent, with comparable sales down 6.3 percent on a 52-week basis ‒ Brand Portfolio segment

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

CALERES INC filing history →

Source: SEC EDGAR

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