Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Shoe Carnival Acquires Rogan Shoes in $45M Cash Deal [MarketWatch]

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: MarketWatch
The footwear retailer said the acquisition, funded with cash on hand, is expected to be immediately accretive to its fiscal 2024 earnings and generate about $84 million in sales. It noted that it has an 18-month integration plan, expects to capture an additional $1.5 million in synergies annually, and to realize half of the profit synergies by fiscal 2025 and the full amount by fiscal 2026. Advertisement "Our growth strategy is focused on becoming the nation's leading family footwear retailer through a combination of organic growth initiatives and M&A activity that expands our geographic footprint and customer base," Shoe Carnival Chief Executive Mark Worden said. Shoe Carnival also issued preliminary results for fiscal 2023, with sales of $1.18 billion aided by sales growth during the December holiday period. The Evansville, Ind.-based company said it will provide guidance for fiscal 2024 in March when it reports final audited results for fiscal 2023. On a preliminary basis, Show less Read more
Impact Snapshot
Event Time:
SCVL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SCVL alerts
Opt-in for
SCVL alerts

from News Quantified
Opt-in for
SCVL alerts

from News Quantified