Brief: Caleres Reports Strong Results In Third Quarter 2022

Caleres

22/11/2022 11:55

Nov 22 (Reuters) - Caleres Inc  CAL.N :
    * CALERES REPORTS STRONG RESULTS IN THIRD QUARTER 2022
    * QTRLY EARNINGS PER DILUTED SHARE OF $1.08
    * QTRLY ADJUSTED EARNINGS PER DILUTED SHARE OF $1.15
    * QUARTERLY CONSOLIDATED NET SALES OF $798.3 MILLION
    * Q3 EARNINGS PER SHARE VIEW $1.12, REVENUE VIEW $784.0
MILLION --
REFINITIV IBES DATA
    * TIGHTENING ITS FISCAL YEAR 2022 EARNINGS OUTLOOK AT UPPER
END OF
ITS PREVIOUS GUIDANCE RANGE
    * REITERATING ITS FULL YEAR SALES OUTLOOK
    * SEES  2022 ADJUSTED EARNINGS PER SHARE TO BE IN RANGE OF
$4.30
AND $4.40
    * FY2022 REVENUE VIEW $2.80 BILLION -- REFINITIV IBES DATA
    * EXPECTS TO END FISCAL YEAR 2022 WITH INVENTORY UP
MID-SINGLE
DIGIT PERCENT AS COMPARED TO FISCAL YEAR 2021
    * FY2022 EARNINGS PER SHARE VIEW $4.05 -- REFINITIV IBES
DATA

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