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Stock impact report

Shoe Carnival (NASDAQ:SCVL) Misses Q3 Sales Targets [Yahoo! Finance]

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
However, the company's non-GAAP profit of $0.71 per share beat analysts' estimates by 6%. Shoe Carnival also lowered its full-year revenue guidance to $1.22 billion, citing disruptions from hurricanes and a warm October that delayed the start of the winter boot season. Despite this, the company's management expressed pride in delivering profit results in line with expectations, driven by a strong Back-to-School season and a flexible digital-first marketing campaign. Footwear retailer Shoe Carnival (NASDAQ:SCVL) missed Wall Street's revenue expectations in Q3 CY2024, with sales falling 4.1% year on year to $306.9 million. The company's full-year revenue guidance of $1.22 billion at the midpoint came in 1.5% below analysts' estimates. Its non-GAAP profit of $0.71 per share was 6% above analysts' consensus estimates. Is now the time to buy Shoe Carnival? Find out in our full research report Revenue: $306.9 million vs analyst estimates of $316.2 million (4.1% year-on-year decline, 3 Show less Read more
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