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. (Nasdaq: SCVL) is a prominent retailer in the footwear industry, operating over 400 stores across the United States. The company combines value pricing with an entertaining store format, making it a leading choice for family footwear. Headquartered in Evansville, Indiana, Shoe Carnival benefits from a strategic location within 200 miles of major cities like Indianapolis, Nashville, Louisville, and St. Louis.
Shoe Carnival offers a broad assortment of dress, casual, and athletic footwear for men, women, and children, focusing on well-known brands such as Nike, Skechers, Adidas, Puma, HEYDUDE, Converse, Vans, and Crocs. The company operates as one reportable segment due to the similar nature of its products, merchandising, distribution, and marketing processes.
The company implements a bricks-first, omnichannel approach, providing customers with a wide selection of branded footwear through both physical stores and a robust e-commerce platform. This strategy has facilitated consistent growth, with annual revenue surpassing $1.2 billion.
As part of its growth strategy, Shoe Carnival is working with CommerceHub, a global commerce network, to increase its online sales of third-party-owned products. This partnership helps Shoe Carnival onboard and merchandise new products more effectively, enhancing their online product assortment and personalization.
Recent achievements include a significant expansion of their e-commerce capabilities, focusing on providing a seamless shopping experience. The company has been able to quickly adapt to shifts in consumer demand, ensuring faster and more efficient fulfillment of online orders.
With a customer-centric approach, strong supplier partnerships, and innovative merchandising, Shoe Carnival continues to position itself as a leader in the family footwear retail sector. For more details, the latest press releases and annual reports are available on the company's website at www.shoecarnival.com.
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.
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.
Shoe Carnival, Inc. (NASDAQ: SCVL) announced a quarterly cash dividend of
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.
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.
Shoe Carnival, Inc. (NASDAQ: SCVL) has announced a quarterly cash dividend of
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.
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.
Shoe Carnival, Inc. (NASDAQ: SCVL) will release its first quarter 2022 earnings results on May 18, 2022, before the market opens. The Company will host a conference call at 8:30 a.m. ET to discuss these results. This call will be accessible via webcast on Shoe Carnival's website, with a replay available for one year. As of May 5, 2022, Shoe Carnival operates 395 stores across 35 states and Puerto Rico, emphasizing national name brands in footwear.
Shoe Carnival (SCVL) reported a remarkable Q4 performance, with net sales growing 23.4% to $313.4 million, driven by increased store traffic and customer acquisition. The company achieved a record EPS of $0.72, soaring 177% year-over-year, and a full-year EPS of $5.42, a 271% increase compared to fiscal 2019.
The company is set to expand its store count, with a projected 4-7% sales growth for fiscal 2022, and has increased its dividend by 29%.
Shoe Carnival, Inc. (NASDAQ: SCVL) will release its fourth quarter and fiscal year 2021 earnings results on March 16, 2022, before market opening. A conference call to discuss these results is scheduled for 8:30 a.m. Eastern Time the same day, available via webcast on their website. As of March 3, 2022, Shoe Carnival operates 393 stores across 35 states and Puerto Rico, providing a wide range of footwear for the family.
FAQ
What is the current stock price of Shoe Carnival (SCVL)?
What is the market cap of Shoe Carnival (SCVL)?
What is Shoe Carnival Inc.?
Where is Shoe Carnival headquartered?
How many stores does Shoe Carnival operate?
What brands does Shoe Carnival offer?
What is Shoe Carnival's growth strategy?
How does Shoe Carnival's e-commerce platform benefit customers?
What is Shoe Carnival's annual revenue?
How does Shoe Carnival ensure a positive shopping experience?
What is the significance of Shoe Carnival's location in Evansville?
Where can I find more information about Shoe Carnival?
