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.
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.
Shoe Carnival announced a new share repurchase program for up to
Shoe Carnival has launched a same-day delivery service for U.S. customers collaborating with DoorDash. This innovative service is the first of its kind in the family footwear sector, targeting busy shoppers by offering convenient access to a wide array of footwear. Available within a 12-mile radius of Shoe Carnival locations, the service charges a standard fee of
Shoe Carnival, Inc. (NASDAQ: SCVL) has acquired Shoe Station, a family-owned footwear retailer, for $67 million. This strategic acquisition is expected to be immediately accretive to diluted EPS in fiscal 2022, with an anticipated $100 million in incremental net sales and operating income exceeding 10%. The merger aims to expand Shoe Carnival's market presence across the Southeast, adding over 400 stores to its portfolio by the end of 2022. The acquisition supports Shoe Carnival's goal of becoming a multi-billion dollar retailer, enhancing customer offerings across various demographics.
Shoe Carnival, Inc. (Nasdaq: SCVL) reported record net sales of $356.3 million and net income of $46.8 million for Q3 2021, marking a 29.8% increase in sales year-over-year. Diluted EPS reached $1.64, with a gross profit margin of 40.4%. Year-to-date net sales surpassed $1 billion, with comparable store sales soaring 41.6%. The company raised its fiscal 2021 guidance, anticipating diluted EPS between $5.00 and $5.10. CEO Mark Worden emphasized strong customer demand and positive cash flow from all stores.
Shoe Carnival, Inc. (NASDAQ: SCVL) will announce its third quarter 2021 earnings results on November 17, 2021, before the market opens. A conference call to discuss these results is scheduled for 8:30 a.m. Eastern Time on the same day. The call will be accessible via webcast on Shoe Carnival’s website, with an online replay available for one year. As of November 4, 2021, the company operates 377 stores across 35 states and Puerto Rico, focusing on family footwear.
Shoe Carnival, Inc. (NASDAQ: SCVL) has announced a quarterly cash dividend of
Shoe Carnival, Inc. (NASDAQ: SCVL) has appointed Diane Randolph to its Board of Directors, expanding the Board to seven members, with five being independent. Randolph brings extensive experience from positions at Ulta Beauty and Reitmans, where she led significant technology transformations. Her recognition includes being named one of the Most Influential Women in Tech. Chairman Wayne Weaver expressed enthusiasm for her joining, highlighting her alignment with the company's strategic vision and customer-centric culture.
