FN keeps track of all of our earnings coverage for retailers and footwear companies here.

June 27: Nike, Inc. (NKE)

Earnings: In the fourth quarter, Nike reported its net income was $1.4 billion, down 5%, and diluted earnings per share was $0.90, down 3% compared to prior year. But for the full fiscal year 2022, net income was $6.0 billion, up 6%, and diluted earnings per share was $3.75, up 5% compared to prior year.

Sales: Fourth quarter reported revenues were $12.2 billion, down 1% compared to prior year. For the full fiscal year, revenues increased 5% to $46.7 billion.

CEO Comments: “Nike’s results this fiscal year are a testament to the unmatched strength of our brands and our deep connection with consumers,” John Donahoe, president and CEO of Nike, Inc., said in a statement. “Our competitive advantages, including our pipeline of innovative product and expanding digital leadership, prove that our strategy is working as we create value through our relentless drive to serve the future of sport.”

June 7, 2022: Academy Sports and Outdoors, Inc. (ASO)

Earnings: GAAP net income decreased 15.7% to $149.8 million. Diluted earnings per share were $1.69. Adjusted net income was $153.2 million. Adjusted diluted earnings per share were $1.73.

Sales: Net sales decreased 7.1% to $1.47 billion. Compared to Q1 of 2019, net sales increased 36.3%.

CEO Comments: “We are satisfied with our first quarter results as the Company continued to position itself for long-term growth and expansion as we executed effectively in a highly dynamic environment and against a very strong prior year quarter,” said CEO and chairman Ken Hicks. “In April, we opened our first new store in over two years and are excited and proud of its early performance. We expect to open at least eight new stores in 2022 as part of our plan to open 80 to 100 stores over the next five years. Looking ahead, the team is focused on executing our 2022 priorities which will help drive long-term growth and sustainable profitability.”

Outlook: The company updated its outlook and expects total net sales in fiscal 2022 to be between $6.43 and $6.63 billion.

June 2, 2022: Lululemon Athletica Inc. (LULU)

Earnings: Income from operations increased 34% to $260.3 million. Diluted earnings per share were $1.48. Adjusted diluted earnings per share were $1.16.

Sales: Net revenue increased 32% to $1.6 billion.

CEO Comments: “In the first quarter of 2022, continued momentum in the business enabled us to achieve a strong start to the year. These results provide a solid foundation as we begin our next five-year journey and deliver against our new Power of Three ×2 growth plan, said CEO Calvin McDonald. “I want to thank our teams around the world for remaining agile and continuing to execute at a high level to achieve our goals, while successfully navigating the challenges within the macro environment. We look forward to all that lies ahead for lululemon as we continue to grow the brand.”

Outlook: For 2022, the company expects net revenue to be in the range of $7.610 billion to $7.710 billion.

June 2: Designer Brands Inc. (DBI)

Earnings: Net income was $26.2 million. with diluted earnings per share of $0.34. Adjusted net income was $36.7 million with diluted EPS of $0.48.

Sales: Net sales increased 18.1% to $830.5 million.

CEO Comments: “We saw robust growth in our Owned Brands in the quarter, both through our direct-to-consumer and wholesale channels, and believe we are on a great trajectory to achieve our goal of doubling our Owned Brand sales by 2026,” said Designer Brands CEO Roger Rawlins in a statement.

Outlook: For 2022, the company expects diluted EPS between $1.90 and $2.00.

June 1, 2022: Capri Holdings (CPRI), parent company to the Michael Kors, Versace and Jimmy Choo brands, reported results for the fourth quarter.

Earnings: Net income was $81 million, or $0.54 per diluted share. Adjusted net income was $152 million, or $1.02 per diluted share.

Sales: Revenue increased 24.6% to $1.492 billion.

CEO Comments: “Our ability to deliver record results while navigating the challenges of an unprecedented global pandemic is a testament to the strength of our brands and the success of our strategic growth initiatives. Most importantly, we would not have been able to achieve these results if not for the hard work, dedication and resiliency of our teams across the globe,” said John D. Idol, chairman and CEO.

Outlook: For fiscal year 2023, the company expects total revenue of about $5.95 billion, up about 5% compared to the prior year on a reported basis.

June 1, 2022: Dr. Martens Plc (DOCS) reported preliminary results for fiscal year 2022

Sales: Revenue was up 11% to £908.3 million, or $1.14 billion at current exchange.

CEO Comments: “We have a unique, iconic brand and thousands of passionate people globally, who act as brand custodians every day. I would like to thank each and every one of them for their hard work — these results are a testament to them,” said CEO Kenny Wilson.

Outlook: The company expects high-teens revenue growth for fiscal year 2023.

March 4: Hibbett (HIBB)

Earnings: Net income was $39.3 million, or $2.89 per diluted share.

Sales: Net sales decreased 16.3% to $424.1 million.

CEO Comments: “During the first quarter, our team effectively executed our strategic plan and delivered comparable store sales and financial results in line with our expectations. As we’ve previously discussed, our customers spending habits were affected by lower discretionary income due to the absence of stimulus payments received in the first quarter of last year. We are pleased to report that the supply chain disruption we experienced at the end of last year has improved and our current inventory position is strong and consistent with our forecast,” said CEO and president Mike Longo.

Outlook: Hibbett expects supply chain challenges in the year ahead to impact results. The company expects total net sales to be relatively flat in dollars compared to fiscal 2022 results.

May 26: Macy’s (M)

Earnings: Net income was $286 million. Diluted EPS was $0.98 and adjusted diluted EPS was $1.08.

Sales: Revenue was $5.35 billion.

CEO Comments: “Our company delivered solid results in the first quarter despite a challenging operating environment. We delivered strong earnings, beating our estimates, and sales that were in line with our expectations. While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop. We saw a notable shift back to occasion-based apparel and in-store shopping, as well as continued strength in sales of luxury goods,” said CEO and chairman Jeff Gennette.

Outlook: For fiscal year 2022, Macy’s expects sales between $24.46 billion to $24.7 billion.

May 26, 2022: Genesco (GCO), which owns Journeys, Johnston & Murphy, and Schuh.

Earnings: GAAP EPS from continuing operations were $0.37.

Sales: Net sales declined 3% to $521 million (up 5% from 2020).

CEO Comments: “We are very pleased with our start to fiscal 2023, particularly our ability to exceed profitability expectations. While the year ago period posed a difficult comparison due to government stimulus-fueled consumer spending, especially for our Journeys business, our top and bottom line performance on a multi-year basis underscores the success of our footwear focused strategy and our conviction that our company is fundamentally stronger than prior to the pandemic,” said CEO Mimi Vaughn

Outlook: For fiscal year 2023, Genesco expects sales to be up between 1% and 3%, over 2022.

May 25: Dick’s Sporting Goods, Inc. (DKS)

Earnings: Earnings per diluted share were $2.47 and non-GAAP earnings per diluted share were $2.85.

Sales: Net sales of $2.7 billion, up 41% versus the Q1 of 2019

CEO Comments: “We are pleased with our first quarter results as our team continued to move with agility and execute well in a highly dynamic environment. Over the past two years, we have demonstrated our ability to adeptly manage through the pandemic and other challenges – and we are confident in our continued ability to adapt quickly and execute through uncertain macroeconomic conditions. Dick’s has a unique and powerful position in the marketplace, and we remain confident in our strategies and our ability to deliver long-term sales and earnings growth.”

Outlook: The company cut its outlooks and projects earnings per diluted share for fiscal 2022 to be between approximately $7.95 and $10.15.

May 24, 2022: Nordstrom, Inc. (JWN)

Earnings: First quarter net earnings of $20 million and earnings per diluted share of $0.13.

Sales: Total company net sales increased 18.7% to $3.5 billion compared with the same period in fiscal 2021.

CEO Comments: “Our focus on serving the customer through our interconnected model with Nordstrom and Nordstrom Rack, a scaled digital platform and a strong store fleet positioned us to capitalize on demand from customers who shopped for long-awaited occasions and refreshed their closets,” said Erik Nordstrom, CEO of Nordstrom, Inc. “In the first quarter, we drove strong topline growth with broad-based improvement across core categories and geographies. Importantly, we made progress on our strategic initiatives and continue to focus on increasing profitability on the path to achieving our financial targets.”

Outlook: The company is updating its outlook to reflect first quarter performance. Nordstrom now expects revenue growth, including retail sales and credit card revenues, of 6% to 8% versus fiscal 2021.

May 24, 2022: Caleres (CAL)

Earnings: Net earnings were $50.5 million, compared to net earnings of $6.1 million in the first quarter of fiscal 2021.

Sales: Net sales were $735.1 million, up 15.1% from the first quarter of fiscal 2021.

CEO Comments: “Caleres had an outstanding start to the year, executing at a high level and delivering record first quarter sales, gross profit margins and earnings despite significant and ongoing macro-challenges,” said Diane Sullivan, chairman and CEO. “Notably, Famous (Footwear) extended its exceptional performance from 2021, achieving another quarter of strong gross profit margin and generating nearly $50 million in operating earnings, while strategically investing for growth. In addition, our brand portfolio returned to nearly full strength during the first quarter, setting the stage for a significantly improved earnings contribution in 2022. In fact, our strong product design, diverse and targeted assortments, and bold and strategic approach to inventory drove the best-ever quarterly sales and operating earnings performance for the brand portfolio.”

Outlook: Caleres is raising its fiscal-year 2022 financial outlook. Specifically, the company now expects consolidated sales levels to be up between 2% and 5% when compared to fiscal year 2021 and expects earnings per diluted share to be between $4.20 and $4.40.

May 24, 2022: Ralph Lauren Corporation (RL)

Earnings: Net income in the fourth quarter of fiscal 2022 was $24 million, compared to a net loss of $74 million and net income of $28 million for the fourth quarter of fiscal 2021. In the full year of fiscal 2022, net income was $600 million, compared to a net loss of $121 million and net income of $127 million for fiscal 2021.

Sales: In the fourth quarter of fiscal 2022, revenue increased 18% to $1.5 billion and was up 22% in constant currency. For full year fiscal 2022, revenue increased 41% to $6.2 billion and increased 42% in constant currency.

CEO Comments: “Our teams around the world executed exceptionally well to deliver fourth quarter and full year results that exceeded our expectations as we continued to progress on our long-term strategic commitments,” said Patrice Louvet, president and CEO. “We have laid the groundwork for healthy sustainable growth and value creation in Fiscal 2023. As we continue to navigate a highly dynamic global macroeconomic environment, our growth will be supported by the strength of our brand and multiple engines — from recruiting new high-value consumers to developing high-potential product categories and geographic and channel expansion.”

Outlook: For the first quarter, the company expects revenue growth will be in a range centered around 8% in constant currency to last year. For fiscal 2023, the company expects constant currency revenues to increase approximately high single digits to last year on a 52-week comparable basis, with current outlook at around 8%.

May 20, 2022: Foot Locker Inc. (FL)

Earnings: Net income was $133 million, or $1.37 per share.

Sales: Total sales grew 1% to $2.18 billion.

CEO Comments: “We are off to a strong start in 2022, reporting a solid quarter against the tough comparisons of fiscal stimulus and historically-low promotions from last year,” said CEO Richard Johnson. “Our progress in broadening and enriching our assortment continues, as we continue to meet our customers’ demand for choice. These efforts helped drive our strong results in the first quarter, and we believe will allow us to more fully participate in the robust growth of our category going forward.”

Outlook: Foot Locker expects to hit the upper end of sales falling between 4% and 6% in 2022 and the upper end of same-store sales falling by 8% to 10%.

May 19, 2022: Deckers Brands (DECK) reported earnings for Q4 of fiscal year 2022.

Earnings: Diluted earnings per share was $2.51. Net income was $68.8 million.

Sales: Net sales increased 31.2% to $736.0 million.