20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Shares of Shoe Carnival (NASDAQ:SCVL) rose 1.7% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 116.90% over the past year to $1.54, which beat the estimate of $0.71.
Revenue of $332,230,000 up by 10.45% year over year, which beat the estimate of $293,560,000.
Looking Ahead
Q3 EPS expected to be between $1.10 and $1.15.
Q3 revenue expected to be between $307,000,000 and $315,000,000.
How To Listen To The Conference Call
Date: Aug 25, 2021
Time: 08:30 AM
Recent Stock Performance
Company's 52-week high was at $40.51
52-week low: $12.91
Price action over last quarter: Up 29.22%
Company Overview
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.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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