A Warm Fall and Hurricanes Hurt Shoe Carnival Sales in Q3 [Yahoo! Finance]
Shoe Carnival, Inc. (SCVL)
Last shoe carnival, inc. earnings: 3/25 04:05 pm
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Source: Yahoo! Finance
New Products Fuel Progress in Allbirds Turnaround in Q3 Shoe Carnival cut its full-year sales outlook after warmer weather and two hurricanes contributed to a sales miss in the third quarter. The Evansville, Ind.-based footwear retailer reported that net sales in the third quarter were $306.9 million, down from the $319.9 million from the same quarter last year and short of the company's expectations. Excluding the impact from a shift in the retail calendar, net sales were up 2.2 percent, led by a strong back-to-school performance and sales from the $45 million February acquisition of Rogan Shoes . Comparable store sales declined declined 4.1 percent in the quarter, due to hurricanes that impacted sales in September and October and warmer weather that delayed demand for boots. Net income for the third quarter was $19.2 million, or 70 cents per diluted share, which was in line with the company's expectations. Shoe Carnival president and chief executive officer Mark Worden said
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News
- Shoe Carnival Declares Quarterly Cash Dividend and Announces New $50 Million Share Repurchase ProgramBusiness Wire
- Executive Chairman of the Board of Shoe Carnival Picks Up 3.2% More Stock [Yahoo! Finance]Yahoo! Finance
- Designer Brands Reports Q3 Sales Decline as Warm Weather Stalls Demand for Fall Product [Yahoo! Finance]Yahoo! Finance
- Shoe Carnival's (NASDAQ:SCVL) investors will be pleased with their decent 92% return over the last five years [Yahoo! Finance]Yahoo! Finance
- Shoe Carnival, Inc. (NASDAQ: SCVL) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
SCVL
Earnings
- 11/21/24 - Beat
SCVL
Sec Filings
- 12/12/24 - Form 8-K
- 12/9/24 - Form 4
- 12/9/24 - Form 4
- SCVL's page on the SEC website