Streetbeat News

SCVL

Shoe Carnival, Inc.

https://www.shoecarnival.com

Industry

Apparel - Retail

Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories. As of January 29, 2022, it operated 372 stores in 35 states and Puerto Rico under the Shoe Carnival banner; and 21 locations across the Southeast under the Shoe Station banner. The company also sells its products through online shopping at shoecarnival.com, as well as through mobile application. Shoe Carnival, Inc. was founded in 1978 and is headquartered in Evansville, Indiana.

Open

34.67

Mkt cap

954M

Volume

286K

High

35.50

P/E Ratio

12.90

52-wk high

46.92

Low

34.31

Div yield

0.01

52-wk low

24.94

Shoe Carnival's Q3 2024 earnings report showed a 4.1% decline in comparable sales due to weather impacts, but margins remained stable. The company is rebranding stores to Shoe Station, targeting a more affluent market, with a 10% sales improvement in initial results.

Portfolio Pulse from

November 28, 2024 | 7:00 am

Shoe Carnival (SCVL) reported a year-over-year decline in fiscal Q3 earnings, despite beating estimates. The company plans to convert 25 more stores to Shoe Station stores by the first half of fiscal 2025.

Portfolio Pulse from

November 22, 2024 | 4:00 pm

Shoe Carnival (SCVL) reported Q3 earnings of $0.71 per share, surpassing the Zacks Consensus Estimate of $0.61 per share, but down from $0.80 per share a year ago.

Portfolio Pulse from

November 21, 2024 | 1:45 pm

Shoe Carnival, Inc. reported its third quarter fiscal 2024 results, meeting EPS expectations with GAAP EPS of $0.70 and Adjusted EPS of $0.71. The company achieved a year-to-date net sales growth of 4.9% and reiterated its EPS guidance for the full fiscal year. Additionally, Shoe Carnival expanded its store rebannering test to 25 more stores.

Portfolio Pulse from

November 21, 2024 | 11:30 am

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 7:10 pm

G-III Apparel Group's shares surged 23.6% after reporting better-than-expected Q2 EPS and issuing strong FY25 guidance. Other stocks like Applied Digital, Yext, and NIO also saw significant gains due to positive financial results and strategic developments.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 5:44 pm

Shoe Carnival, Inc. (NASDAQ:SCVL) reported strong Q2 results, with sales and earnings beating expectations. The company saw a 12.9% increase in quarterly sales and a 23.7% rise in adjusted operating income. Despite a slight decline in comparable store sales, the company revised its 2024 outlook upwards. SCVL shares rose by 12.9% following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2024 | 2:11 pm

Shoe Carnival shares rose following a strong Q2 revenue report, surpassing expectations. The company also increased its FY24 guidance and provided Q3 net sales guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:36 pm

Wall Street futures are mixed as investors await jobless claims data. C3.ai's earnings disappointment pressures AI stocks, while Nvidia sees modest gains. SPY and QQQ ETFs show slight premarket movements. Analysts predict short-term market weakness but expect a post-election recovery.

Portfolio Pulse from Shanthi Rexaline

September 05, 2024 | 10:51 am

Shoe Carnival has raised its fiscal 2024 outlook, expecting net sales between $1.23B and $1.25B, up from the previous $1.21B-$1.25B range. Adjusted EPS is projected at $2.60-$2.75, slightly above the prior $2.55-$2.75 range. The company anticipates comparable store sales to range from a 1.5% decrease to a 1% increase.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:25 am

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