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0 0.00171821305841931 0.00218785796105387 -0.000916380297823577 -0.000458190148911707 0.00297823596792675 -0.00160366552119114 -0.00412371134020618
Stock impact report

A Look Back at Footwear Retailer Stocks' Q2 Earnings: Shoe Carnival (NASDAQ:SCVL) Vs The Rest Of The Pack [Yahoo! Finance]

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Footwear sales–like their apparel counterparts–are driven by seasons, trends, and innovation more so than absolute need and similarly face the bigger-picture secular trend of e-commerce penetration. Footwear plays a part in societal belonging, personal expression, and occasion, and retailers selling shoes recognize this. Therefore, they aim to balance selection, competitive prices, and the latest trends to attract consumers. Unlike their apparel counterparts, footwear retailers most sell popular third-party brands (as opposed to their own exclusive brands), which could mean less exclusivity of product but more nimbleness to pivot to what's hot. The 4 footwear retailer stocks we track reported a mixed Q2. As a group, revenues missed analysts' consensus estimates by 1% while next quarter's revenue guidance was in line. The Fed cut its policy rate by 50bps (half a percent) in September 2024, the first in roughly four years. This marks the end of its most pointed inflation-busting ca Show less Read more
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