World Footwear

Companies

Caleres reiterates fiscal 2022 outlook

Jan 12, 2023 United States
Caleres reiterates fiscal 2022 outlook
The US-based footwear group has confirmed its previous guidance for full year 2022 consolidated sales, adjusted earnings per share and inventory position
"Caleres continues to successfully navigate through the current macroeconomic environment and remains on track to close 2022 with record earnings – in line with our previously provided outlook", commented Jay Schmidt, President and incoming Chief Executive Officer.

The owner of brands such as Famous Footwear and Sam Edelman, among others, is still expecting full year 2022 consolidated sales to grow between 4% to 6%, on a comparable basis to fiscal 2021, and adjusted earnings per share to come in between 4.30 US dollars and 4.40 US dollars. Moreover, for fiscal 2022, consolidated inventory is expected to increase a mid-single digit per cent, as compared to fiscal 2021.

"As we move into 2023, we will be laser-focused on managing our costs tightly, leveraging our diversified portfolio of brands to connect with our consumers and delivering on our key strategic priorities to unlock further value for our shareholders", added Jay Schmidt.


Image Credits: gallin.com

Related Events

  • Jul
    9
    Jul 9-Jul 10, 2024 | St. Paul, Minnesota, United States

    Northwest Shoe Travelers Market

  • Jul
    17
    Jul 17-Jul 18, 2024 | New York, United States

    Lineapelle New York

  • Jul
    22
    Jul 22-Jul 23, 2024 | Portland, United States

    Polymers in Footwear Portland

  • Jul
    24
    Jul 24-Jul 25, 2024 | Chicago, United States

    Chicago Shoe Market

Related Organizations

  • NSRA - National Shoe Retailers Association

    NSRA - National Shoe Retailers Association

    United States
  • FFANY - Fashion Footwear Association of New York

    FFANY - Fashion Footwear Association of New York

    United States
  • Chicago School of Shoemaking & Leather Arts

    Chicago School of Shoemaking & Leather Arts

    United States
  • The Atlanta Shoe Market

    The Atlanta Shoe Market

    United States