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SCVL

Shoe Carnival

$20.30 /

+0.2 (+1.00%)

16:07
03/25/20
03/25
16:07
03/25/20
16:07

Shoe Carnival reports Q4 EPS 24c, consensus 21c

Reports Q4 revenue $239.88M, consensus $237.97M. "2019 was another record year for Shoe Carnival, as we exceeded our sales and earnings expectations, while extending our leadership position in the family footwear segment. In addition, we delivered the eleventh consecutive year of comparable same store sales growth, driven in large part by strong performance in non-athletic footwear and accessories," commented Cliff Sifford, Shoe Carnival's Vice Chairman and Chief Executive Officer. "Last week, we made the difficult decision to close our stores until April 2, 2020. As the COVID-19 pandemic upends our daily lives, the health and safety of our employees, our customers, and our communities are our primary concern. For now we continue to serve our loyal customers through our website, www.shoecarnival.com, and our mobile app," continued Sifford. "From a corporate standpoint, our strong balance sheet and prudent expense management provides us the financial flexibility to keep our steady footing during this challenging economic time. In addition, our long-standing vendor relationships and proven history of good inventory management enables us to remain agile. These are both critical attributes in a dynamic environment. As we look forward, we believe our customer-centric culture and strategic investments to enhance our customers' experience, leverage technology, and ultimately, drive overall traffic will position Shoe Carnival for long-term growth and value creation for our shareholders."

  • 25

    Mar

SCVL Shoe Carnival
$20.30 /

+0.2 (+1.00%)

03/19/20 Susquehanna
Shoe Carnival price target lowered to $18 from $47 at Susquehanna
11/13/19 Wedbush
Shoe Carnival price target raised to $42 from $32 at Wedbush
10/09/19 Susquehanna
Shoe Carnival benefiting from competitors struggles, says Susquehanna
04/05/19 Sidoti
Shoe Carnival upgraded to Buy on valuation at Sidoti

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Hot Stocks
Munich Re pulls guidance, halts buybacks amid 'considerable claims burden' » 12:27
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Technical Analysis
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Technical Analysis
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$NYE

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Hot Stocks
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HXGBY

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$0.00 /

+ (+0.00%)

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Periodicals
Nvidia delays launch of Ampere architecture due to COVID-19, TechRadar says » 12:14
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Novo Nordisk announced…

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Syndicate
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Phio Pharmaceuticals…

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Genworth, Oceanwide extend merger agreement » 12:07
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$3.87 /

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Genworth Financial and…

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Horizon Therapeutics says Tepezza reduced proptosis regardless of age » 12:06
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Horizon Therapeutics…

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Recommendations
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ACDVF

Air Canada

$0.00 /

+ (+0.00%)

RBC Capital analyst…

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