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Shoe Carnival - SCVL STOCK NEWS

Welcome to our dedicated page for Shoe Carnival news (Ticker: SCVL), a resource for investors and traders seeking the latest updates and insights on Shoe Carnival stock.

Shoe Carnival, Inc. (SCVL) is a leading family footwear retailer combining value-driven pricing with an engaging omnichannel experience. This news hub provides investors and industry observers with comprehensive updates on corporate developments, financial performance, and strategic initiatives.

Access official press releases alongside curated news coverage spanning earnings announcements, store expansions, product innovations, and leadership updates. Our repository simplifies tracking of SCVL's market position through key milestones including quarterly results analysis, partnership disclosures, and supply chain enhancements.

Discover updates on SCVL's distinctive retail strategy blending physical store experiences with e-commerce growth. Content categories feature financial filings, merchandising developments, corporate responsibility initiatives, and consumer trend adaptations. All materials maintain factual accuracy without speculative commentary.

Bookmark this page for streamlined monitoring of SCVL's progress in competitive retail markets. Return regularly to stay informed about this innovative footwear retailer's latest operational achievements and market communications.

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Shoe Carnival, Inc. (NASDAQ: SCVL) will announce its fourth quarter and fiscal year 2022 earnings on Wednesday, March 22, 2023, before market open. A conference call will follow at 8:30 a.m. Eastern Time to discuss the results. The call can be accessed via the Investors section of the Shoe Carnival website. As of March 6, 2023, the company operates 397 stores in 35 states and Puerto Rico under the Shoe Carnival and Shoe Station banners. The company emphasizes a wide range of footwear offerings for families, focusing on national brands.

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Shoe Carnival (NASDAQ: SCVL) has announced a new share repurchase program authorized by its Board of Directors, allowing the buyback of up to $50 million of common stock effective January 1, 2023. Additionally, the company will pay a quarterly cash dividend of $0.09 per share on January 23, 2023, to shareholders of record as of January 9, 2023. Over the past decade, Shoe Carnival has returned over $275 million to shareholders, reflecting its commitment to shareholder value.

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Shoe Carnival, Inc. (Nasdaq: SCVL) reported its Q3 2022 results, showcasing a significant 24.4% increase in net sales to $341.7 million compared to Q3 2019, marking the second-highest quarterly sales in its history. The company's gross profit margin rose by 740 basis points to 38.3%, while operating income margin improved by 620 basis points to 12.8%. EPS soared 151% to $1.18. The company has raised its annual operating margin guidance and reaffirmed EPS guidance of $3.95 to $4.10 for the fiscal year.

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Shoe Carnival, Inc. (NASDAQ: SCVL) will announce its third quarter 2022 earnings results on November 16, 2022, before the market opens. A conference call is scheduled for 8:30 a.m. ET to discuss the results, which will also be available via webcast on their website. Shoe Carnival is a leading retailer of family footwear, operating 395 stores across 35 states and Puerto Rico as of November 2, 2022. The company emphasizes national name brands in its product offerings.

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Shoe Carnival, Inc. (NASDAQ: SCVL) has pledged $100,000 to support the American Red Cross hurricane relief efforts following Hurricane Ian. This contribution combines customer donations and corporate giving to assist affected communities in Florida. CEO Mark Worden emphasized the company's commitment to helping families in need, while the Red Cross acknowledged Shoe Carnival's generosity in mobilizing support during this disaster. As of October 4, 2022, Shoe Carnival operates 395 stores across 35 states and Puerto Rico.

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Shoe Carnival, Inc. (NASDAQ: SCVL) announced a quarterly cash dividend of $0.09 per share, payable on October 18, 2022, to shareholders on record as of October 4, 2022. This decision comes after reporting strong quarterly earnings, with cash and investments exceeding $100 million and no long-term debt. CEO Mark Worden emphasized the Board's commitment to enhancing shareholder returns through dividends, subject to future approvals based on the company's financial outlook.

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Shoe Carnival reported strong second quarter results for 2022, with net sales of $312.3 million, a 16.4% increase compared to pre-pandemic levels in 2019.

Gross profit margin rose to 36.2%, up 560 basis points from 2019. Diluted earnings per share (EPS) soared to $1.04, reflecting a 160% growth since 2019.

The company expects to exceed annual net sales expectations of $100 million from the Shoe Station acquisition and reaffirms EPS guidance of $3.95 to $4.15 for fiscal 2022.

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Shoe Carnival, Inc. (Nasdaq: SCVL) has announced that its second quarter 2022 earnings results will be released on August 25, 2022, before market hours. The company will follow up with a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors can access the call via Shoe Carnival's website, with an online replay available for a year. As of August 9, 2022, Shoe Carnival operates 395 stores across 35 states and Puerto Rico.

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Shoe Carnival, Inc. (NASDAQ: SCVL) has announced a quarterly cash dividend of $0.09 per share, payable on July 25, 2022, to shareholders on record as of July 11, 2022. This marks the company's 41st consecutive dividend, reflecting strong cash generation and a solid unleveraged balance sheet.

Mark Worden, President and CEO, emphasized the company’s double-digit operating income margin as a key factor in the board's decision. Future dividends will depend on the company's financial performance.

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Shoe Carnival, Inc. reported a strong first quarter for 2022, achieving an EPS of $0.95, a remarkable 107% growth from pre-pandemic levels. Net sales reached $317.5 million, up 25.1% compared to the same period in 2019. The company raised its annual EPS guidance to between $3.95 and $4.15, reflecting confidence in continued sales growth of 4% to 7%. The gross profit margin stood at 35.5%, while the operating income was 11.1% of net sales. Shoe Carnival aims to open 10 new stores in fiscal 2022.

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Nasdaq:SCVL

SCVL Rankings

SCVL Stock Data

501.91M
17.92M
34.14%
72.94%
11.14%
Apparel Retail
Retail-shoe Stores
Link
United States
EVANSVILLE