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Caleres backs FY22 adjusted EPS view $4.30-$4.40, consensus $4.35

Backs FY22 revenue growth view 4%-6%, consensus $2.95B; Consolidated inventory up mid-single digit percent compared to fiscal year 2021. "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," said Jay Schmidt, President and incoming CEO. "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."

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