STOCK TITAN
  1. Home
  2. News
  3. SCVL

Shoe Carnival, Inc. - SCVL STOCK NEWS

Welcome to our dedicated news page for Shoe Carnival (Ticker: SCVL), a resource for investors and traders seeking the latest updates and insights on Shoe Carnival.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Shoe Carnival's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Shoe Carnival's position in the market.

News
Shoe Carnival Reports Fourth Quarter and Fiscal 2023 Results
Rhea-AI Summary
Shoe Carnival, Inc. (SCVL) reports strong financial results for Q4 and Fiscal 2023 with net sales reaching $1.176 billion, meeting expectations. The company anticipates 5.0% net sales growth for Fiscal 2024, increased dividend by 12.5%, and accelerated integration of Rogan's acquisition. Inventory optimization plan exceeded expectations in Fiscal 2023. The acquisition of Rogan's for $45 million is expected to boost earnings in 2024 and enhance expansion opportunities. The company aims to surpass 500 stores by 2028 through organic growth and strategic M&A.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.16%
Tags
earnings
-
News
Shoe Carnival Declares Increased Quarterly Cash Dividend
Rhea-AI Summary
Shoe Carnival, Inc. (SCVL) increases its quarterly cash dividend by 12.5% to $0.135 per share, totaling an annualized rate of $0.54 per share. This marks the 48th consecutive quarterly dividend and the 10th consecutive year of dividend increases. The company has raised the quarterly dividend by 35% in the last twelve months, showcasing confidence in growth and shareholder returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
dividends
-
News
Shoe Carnival to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 21, 2024
Rhea-AI Summary
Shoe Carnival, Inc. (SCVL) will release its fourth quarter and fiscal year 2023 earnings results on March 21, 2024. The earnings call will be held at 8:30 a.m. Eastern Time and can be accessed via webcast on the company's website. An online replay will be available for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.26%
Tags
conferences earnings
News
Shoe Carnival Acquires Rogan’s Shoes and Announces Full Year Fiscal 2023 Preliminary Results
Rhea-AI Summary
Shoe Carnival, Inc. (SCVL) acquires Rogan Shoes for $45 million, expecting $84 million in sales and $10 million in operating income post integration. The acquisition aims to boost the company's earnings and establish market leadership in Wisconsin while expanding into Minnesota.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
Tags
acquisition earnings
-
News
Shoe Carnival Announces New $50 Million Share Repurchase Program and Declares Quarterly Cash Dividend
Rhea-AI Summary
Shoe Carnival, Inc. (Nasdaq: SCVL) announced a new $50 million share repurchase program and a quarterly cash dividend of $0.12 per share. The company aims to enhance shareholder value and execute growth initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
buyback dividends
-
News
Shoe Carnival Reports Third Quarter Fiscal 2023 Results
Rhea-AI Summary
Shoe Carnival, Inc. (Nasdaq: SCVL) reported a 6.4% decrease in total net sales for the third quarter of 2023 due to unseasonably hot weather affecting fall sales. Despite this, the company saw growth in children's category sales, Shoe Station net sales, and e-commerce sales. The gross profit margin exceeded 35% for the 11th consecutive quarter, and the dividend increased by 20%. However, annual guidance has been lowered due to soft seasonal sales and limited visibility on customer holiday shopping.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.61%
Tags
earnings
News
Shoe Carnival to Report Third Quarter Financial Results on November 16, 2023
Rhea-AI Summary
Shoe Carnival, Inc. (Nasdaq: SCVL) will release its third quarter 2023 earnings results on November 16, 2023, before the market open. The quarterly conference call to discuss the results will be held at 8:30 a.m. Eastern Time and will be webcast on the company's website. An online replay of the call will be available for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
conferences earnings
-
News
Shoe Carnival Announces Appointment of Patrick Edwards as Chief Financial Officer
Rhea-AI Summary
Shoe Carnival appoints Patrick Edwards as Senior VP, CFO, Secretary, and Treasurer. Edwards brings 30 years of experience in finance and accounting. Erik Gast leaves the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.35%
Tags
management
-
News
Shoe Carnival Declares Increased Quarterly Cash Dividend
Rhea-AI Summary
Shoe Carnival increases quarterly cash dividend by 20% to $0.12 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.35%
Tags
dividends
News
Shoe Carnival Drives Growth in Third-Party Ecommerce Sales Powered by CommerceHub
Rhea-AI Summary
Shoe Carnival aims for significant increase in online sales of third-party-owned products with the help of CommerceHub
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.57%
Tags
none
Stock SCVL logo
Shoe Carnival, Inc.

Nasdaq:SCVL

SCVL Rankings

#2933 Ranked by Market Cap
#2265 Ranked by Stock Gains
#1406 Ranked by Dividends

SCVL Stock Data

886.95M
17.43M
35.78%
72.05%
8.78%
Shoe Stores
Retail Trade
Link
US
Evansville

About SCVL

shoe carnival, inc. is a chain of over 400 footwear stores located across the united states. combining value pricing with an entertaining store format, shoe carnival is a leading retailer of name brand and private label footwear for the entire family. shoe carnival is headquartered in evansville, indiana, the third largest city in the state of indiana and the largest city in southern indiana. evansville is ideally located within a 200 mile radius of four major metropolitan cities including indianapolis, nashville, louisville, and st. louis. immediate access to all major forms of transportation makes evansville an expanding location for economic growth and an important factor in indiana’s global economy. in addition to our centralized location, evansville boasts a well-educated workforce, with nearly a quarter of residents above age 25 holding a bachelor’s, master’s, professional, or doctorate degree. as of the 2012 census, evansville had a total population of slightly over 120,000 pe