Caleres (CAL) Tops Q1 EPS by 49c, Revenue Beats, Offers Outlook

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Caleres Shares Surge 8% on Q1 Earnings Beat and Raise

May 24, 2022 5:14 PM EDT

Caleres (NYSE: CAL) shares surged around 8% after-hours following the company's reported Q1 results, with EPS of $1.32 coming in above the consensus estimate of $0.83.

Revenue grew 15.1% year-over-year to $735.1 million, compared to the consensus estimate of $677.28 million. Famous Footwear segment revenue declined 3.4%, while Brand Portfolio segment... More