Shoe CarnivalNASDAQ: SCVL

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Shoe Carnival Inc. NASDAQ: SCVL is one of the largest family footwear retailers in the United States, operating 430 stores under the Shoe Carnival, Shoe Station and Rogan's Shoes banners. Like the name, the atmosphere of the self-serve stores is bright, colorful, high energy and family-oriented with its iconic Spin ‘N Win wheel with loads of promotions.

EVANSVILLE, Ind.--(BUSINESS WIRE)--Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of footwear and accessories for the family, announced today that its Board of Directors has approved the payment of a quarterly cash dividend. The quarterly cash dividend of $0.135 per share will be paid on October 21, 2024, to shareholders of record as of the close of business on October 7, 2024. “This marks our 50th consecutive quarterly dividend and demonstrates our long-held commitment.

Shoe Carnival's 2Q24 results showed a 13% sales increase, driven by acquisitions and calendar shifts, with comparable sales down 2.1% but improving sequentially. Margins improved due to higher sales, but are expected to decrease in 2H24 due to marketing expenses and calendar shifts. Management's positive guidance for 2H24 includes comparable sales up to 5%, driven by digital marketing and store conversions, but I maintain a Hold rating.

Shoe Carnival (SCVL) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Shoe Carnival, Inc. (NASDAQ:SCVL ) Q2 2025 Earnings Conference Call September 5, 2024 9:00 AM ET Company Participants Steve Alexander - Vice President, Investor Relations Mark Worden - President and Chief Executive Officer Carl Scibetta - Senior Executive Vice President, Chief Merchandising Officer Patrick Edwards - Senior Vice President, Chief Financial Officer and Secretary Conference Call Participants Mitchel Kummetz - Seaport Research Jim Chartier - Monness & Crespi Hardt Sam Poser - Williams Trading Operator Good morning, and welcome to Shoe Carnival's Second Quarter 2024 Earnings Conference Call. Today's conference call is being recorded and is also being broadcast via webcast.

Shoe Carnival (SCVL) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.71 per share a year ago.

Strategic Positioning: Shoe Carnival is leveraging strategic acquisitions and a digital-first marketing approach, including innovative features like the "Fit Finder," to navigate a complex retail landscape and improve the customer experience. Financial Performance: The company saw a 6.8% revenue increase in Q1 2024, driven by the acquisition of Rogan's Shoes and improvements in its e-commerce platform, despite rising SG&A expenses. SCVL's cautious expansion is expected to achieve 3.63% revenue growth, with profit growth at 0% to 2% due to integration and marketing costs.

EVANSVILLE, Ind.--(BUSINESS WIRE)--Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of footwear and accessories for the family, announced today that its Board of Directors has approved the payment of a quarterly cash dividend. The quarterly cash dividend of $0.135 per share will be paid on July 22, 2024, to shareholders of record as of the close of business on July 8, 2024. “This marks our 49th consecutive quarterly dividend and we continue to generate solid cash flow, fun.