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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.

Rhea-AI Summary
Shoe Carnival reports Q2 results, with net sales down 5.7% and comparable sales down 6.5% compared to Q2 2022. Gross profit margin exceeds 35% for 10th consecutive quarter. Back-to-school sales in August are strong, with profits among the highest in company history. Annual guidance updated, expecting diluted EPS of $3.10 to $3.25 and net sales of $1.19 to $1.21 billion.
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0.5%
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-0.69%
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-0.48%
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-6.3%
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1.3%
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6.72%
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-3.42%
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management
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3.15%
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5.18%
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buyback dividends
Shoe Carnival, Inc.

Nasdaq:SCVL

SCVL Rankings

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