Caleres Shares Surge 8% on Q1 Earnings Beat and Raise

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Go back to Caleres Shares Surge 8% on Q1 Earnings Beat and Raise

Caleres Reports First Quarter 2022 Results

May 24, 2022 4:15 PM EDT

Delivers record first quarter consolidated net sales of $735.1 million Generates record first quarter consolidated gross profit margin of 44.5 percent Achieves record first quarter consolidated net earnings of $50.5 million Delivers record first quarter earnings per diluted share of $1.32 Repurchases approximately 701,000 shares, or nearly 2 percent of shares outstanding Raises fiscal year 2022 sales and earnings per share guidance

ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL, caleres.com), a diverse portfolio of consumer-driven footwear brands, today reported financial results for... More