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

May 24, 2022 4:16 PM EDT

Caleres (NYSE: CAL) reported Q1 EPS of $1.32, $0.49 better than the analyst estimate of $0.83. Revenue for the quarter came in at $735.1 million versus the consensus estimate of $677.28 million.

Outlook:

Looking ahead, even with ongoing supply chain challenges and persistent macro-economic headwinds, Caleres is exceptionally... More