Caleres raises FY22 adjusted EPS view to $4.50-$4.52 from $4.30-$4.40

Consensus for FY22 EPS is $4.35. Sees FY22 revenue $2.97B, consensus $2.95B. "The strong finish to 2022 capped off a significant year of growth at Caleres, with results surpassing our recent expectations," said CEO Jay Schmidt. "This record performance demonstrates the power of our brands, the strength of our platform and the successful execution of our strategies. Looking ahead, we believe the strength of our brands combined with the structural changes we’ve made in recent years have increased the annual earnings baseline of the company to in excess of $4.00 per share."