Shares of Shoe Carnival SCVL increased in after-market trading after the company reported Q4 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.
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
ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.shoecarnival.com%2F&eventid=2947855&sessionid=1&key=40522358A82C5D0CA7D28627CD40D1AF®Tag=&V2=false&sourcepage=register
52-week high: $58.35
Company's 52-week low was at $14.03
Price action over last quarter: Up 47.78%
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.
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