Shoe Carnival (SCVL) Stock

Shoe Carnival's 3Q24 earnings showed a 4.1% decline in comparable sales, impacted by hurricanes and a mild fall season affecting boot sales. Despite the sales drop, margins remained resilient, with gross margins down only 80bps YoY and SG&A expenses reduced by $3.5 million. The company is rebranding stores to Shoe Station, targeting a more affluent market, with initial results showing a 10% sales improvement.

Shoe Carnival, Inc. (NASDAQ:SCVL ) Q3 2025 Earnings Conference Call November 21, 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 Sam Poser - Williams Trading James Chartier - Monness & Crespi Hardt Operator Good morning and welcome to Shoe Carnival's Third Quarter 2024 Earnings Conference Call. Today's conference call is being recorded and is also being broadcast via webcast.

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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.