Caleres, Inc. Reiterates Earnings Guidance for the Year 2022
August 23, 2022 at 04:15 pm EDT
Share
Caleres, Inc. reiterated earnings guidance for the year 2022. Specifically, the company is raising and tightening its consolidated sales levels from up between 2% and 5% to up between 4% to 6% when compared to fiscal year 2021 and still expects earnings per diluted share to be between $4.20 and $4.40.
Caleres, Inc. is a global footwear company. The Company operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures and distributes footwear for people of all ages. The Company operates through two segments: Famous Footwear and Brand Portfolio. The Famous Footwear segment consists of its Famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Famous Footwear segment operates over 860 stores selling primarily branded footwear for the entire family. The Brand Portfolio segment includes its wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear primarily to online retailers, national chains, department stores, independent retailers and mass merchandisers, as well as Company-owned Famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses, including naturalizer.com, naturalizer.ca, naturalizer.co.uk and others.
CALERES, INC. 
