Caleres Reiterates FY22 Adj. EPS, Sales Growth View

Footwear company Caleres (CAL) Monday reaffirmed fiscal year 2022 outlook for consolidated sales and adjusted earnings per share.

The company continues to expect adjusted earnings per share between $4.30 and $4.40, and Consolidated sales to grow between 4 percent and 6 percent compared to fiscal

On average, four analysts polled by Thomson Reuters expect earnings of $4.35 per share for the year. Analysts' estimates typically exclude special items.

Jay Schmidt, President and incoming Chief Executive Officer, said, "As we move into 2023, we will be laser focused on managing our costs tightly..."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Domino's Pizza Inc., the largest pizza company in the world, is offering customers 50 percent off all menu-priced pizzas ordered online today through June 11 ahead of summer. The weeklong 50 percent off online deal is available on menu-priced pizzas ordered through Domino's online ordering channels. These include www.dominos.com, Domino's mobile app, Amazon Alexa, Google Home, Facebook Messenger.. J.T.M. Provisions Co. is recalling around 22,530 pounds of frozen, ready-to-eat beef chili with beans products distributed to schools, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recalled ietms may be contaminated with extraneous materials, specifically white plastic. Boeing and NASA announced further delay in the much expected launch of Starliner Crew Flight to the International Space Station following certain emerging issues with the capsule. Boeing has been developing its Starliner spacecraft after winning nearly $5 billion in contracts under NASA's Commercial Crew Program. Starliner's first crewed flight was earlier prepared for an April launch.
Follow RTT