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Stock impact report

Shoe Carnival Issues Lackluster 2025 Sales Forecast [Yahoo! Finance]

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Adjusted profits and sales each fell from the same time last year. CEO Mark Worden also announced a rebranding plan that will result in more than half of the company's stores becoming Shoe Station locations in the next two years. Shoe Carnival ( SCVL ) on Thursday reported fourth-quarter sales and projections for fiscal 2025 that came in short of analysts' estimates. The footwear seller reported adjusted earnings per share (EPS) of $0.54, down 5 cents from the same quarter a year ago and above the analyst consensus compiled by Visible Alpha. Sales also fell year-over-year to $262.94 million, about $8 million below analysts' expectations. Comparable store sales decline by 6.3% in the quarter, just over triple the 2% decline that analysts had forecast. Shoe Carnival forecast sales of $1.15 billion to $1.23 billion in fiscal 2025, below the $1.25 billion analyst consensus. CEO Mark Worden said Thursday that the company's transition of some Shoe Carnival stores to a brand cal Show less Read more
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