Shoe Carnival: Q4 Earnings Insights
Shares of Shoe Carnival (NASDAQ:SCVL) increased in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 116.67% year over year to $0.52, which beat the estimate of $0.51.
Revenue of $253,897,000 up by 5.85% from the same period last year, which missed the estimate of $253,900,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Shoe Carnival hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Mar 24, 2021
Time: 04:30 PM
Price Action
52-week high: $58.35
Company's 52-week low was at $14.03
Price action over last quarter: Up 47.78%
Company Profile
Shoe Carnival Inc is a footwear retailer with hundreds of stores in the United States. It offers moderately priced, name-brand dress, casual, and athletic footwear for men, women, and children. Its average store has more than 27,000 pairs of shoes. The company promotes a shopping experience that includes contests, games, and a person on a stage with a microphone to announce limited-time specials. To enable its value-pricing strategy, Shoe Carnival minimizes staffing needs by housing all merchandise on the selling floor and leases store locations in open-air shopping centers. The company buys its merchandise from hundreds of vendors, with Nike and Skechers accounting for a substantial portion of total company sales. All merchandise goes through the company's distribution center in Indiana.
Posted-In: BZI-RecapsEarnings
