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.
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Shoe Carnival, Inc. (NASDAQ: SCVL) announced that Kerry Jackson, Chief Financial and Administrative Officer, will present at the Sidoti Fall Virtual Small Cap Investor Conference on September 22, 2021, at 4:00 PM ET. The event will provide insights into the company’s performance and future outlook. Shoe Carnival operates 377 stores across 35 states and Puerto Rico, focusing on family footwear. Investors can access a live webcast and replay of the presentation on their website.
Shoe Carnival, Inc. (Nasdaq: SCVL) announced participation in the Goldman Sachs 28th Annual Retailing Conference on Thursday, September 9, 2021, at 3:20 PM ET. President Mark Worden and CFO Kerry Jackson will engage in a virtual fireside chat. Investors can access the live webcast and a replay on Shoe Carnival's Investor Relations website. As of September 2, 2021, Shoe Carnival operates 378 stores across 35 states and Puerto Rico, offering a wide range of footwear for the family.
Shoe Carnival, Inc. (Nasdaq: SCVL) reported record quarterly net income of $44.2 million and diluted earnings per share (EPS) of $1.54 for the second quarter ending July 31, 2021. Net sales for the quarter reached $332.2 million, marking a 10.5% increase year-over-year. The company also completed a two-for-one stock split, raising full-year guidance to an anticipated EPS range of $4.35 to $4.50. With cash reserves at $163.9 million and no debt, Shoe Carnival remains well-positioned for growth.
Shoe Carnival, Inc. (Nasdaq: SCVL) announced that Cliff Sifford, Vice Chairman and CEO, will receive the T. Kenyon Holly Memorial Award from the Two Ten Footwear Foundation. This award recognizes exceptional humanitarian achievement in the U.S. footwear industry. Sifford's commitment to philanthropy includes supporting eight local charities in Evansville, Indiana, and contributing to national outreach efforts. Shoe Carnival operates 378 stores across 35 states and Puerto Rico, emphasizing a wide selection of footwear for families.
Shoe Carnival, Inc. (Nasdaq: SCVL) announced that its second quarter 2021 earnings results will be released on August 25, 2021, prior to market opening. A quarterly conference call will follow at 8:30 a.m. Eastern Time to discuss the results. The call will be webcasted on the company’s website, with an online replay available for one year. As of August 4, 2021, Shoe Carnival operates 378 stores across 35 states and Puerto Rico, emphasizing national name brands in men's, women's, and children's footwear.
Shoe Carnival, Inc. (Nasdaq: SCVL) announced a two-for-one stock split, payable as a stock dividend to shareholders of record as of July 6, 2021. The distribution of shares will occur on July 19, 2021, with adjusted shares and stock price effective July 20, 2021. Additionally, a cash dividend of $0.14 per share is scheduled for distribution on the same day. For fiscal 2021, Shoe Carnival anticipates net sales exceeding $1.15 billion and diluted net income per share surpassing $6.00 pre-split, marking significant growth over previous records.
Shoe Carnival, Inc. (Nasdaq: SCVL) announced its participation in two upcoming virtual investor conferences. CEO Cliff Sifford and CFO Kerry Jackson will take part in the Jefferies Virtual Consumer Conference on June 22, 2021, at 3:50 PM ET, and the Sidoti Virtual Investor Conference on June 23, 2021, at 1:45 PM ET. Live webcasts and replays will be available in the Events and Presentations section of their Investor Relations website.
The company operates 377 stores across 35 states and Puerto Rico, focusing on a wide variety of footwear for the family.
Shoe Carnival, Inc. (Nasdaq: SCVL) has announced a quarterly cash dividend of $0.14 per share, set to be paid on July 19, 2021. Shareholders who are on record as of the close of business on July 6, 2021 will be eligible to receive this dividend. The future dividend declarations are contingent on the company’s operational results, financial health, and other relevant conditions as assessed by the Board of Directors. Shoe Carnival operates 377 stores across 35 states and Puerto Rico, focusing on a wide variety of footwear for families.
Shoe Carnival, Inc. (Nasdaq: SCVL) reported record-breaking results for Q1 ended May 1, 2021, with net income of $43.2 million and diluted earnings per share of $3.02. Net sales reached $328.5 million, a 122.7% increase from the previous year, driven by strong demand and positive traffic trends. The gross profit margin improved to 39.6%, reflecting a significant reduction in low-margin promotions. Cash reserves stood at $174.6 million with no debt. The Company expects Q2 net income per share between $1.00 and $1.20, but is not providing guidance for the second half of the year.
Shoe Carnival, Inc. (Nasdaq: SCVL) will release its first quarter 2021 earnings results on May 19, 2021, after market close. A conference call to discuss the results will be held at 4:30 p.m. Eastern Time and will be accessible via the Company's website. As of May 10, 2021, Shoe Carnival operates 377 stores across 35 states and Puerto Rico, specializing in moderately priced footwear for the entire family. The Company emphasizes national name brands and offers online shopping.
