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0.0413956238911886 0.0538143110585452 0.0538143110585452 0.0703725606150208 0.039030159668835 0.0387344766410409 0.0535186280307511 0.0607332939089297
Stock impact report

Shoe Carnival Announces Name Change to Shoe Station Group

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Board votes unanimously to change corporation name to Shoe Station Group, subject to shareholder vote set for June 2026.Banner consolidation expected to generate $20 million in annual cost savings and operating efficiencies.Expected 20-25 percent reduction in inventory investment by the end of Fiscal 2027.Preliminary Q3 sales and EPS results exceed consensus expectations. FORT MILL, S.C.--(BUSINESS WIRE)--Shoe Carnival, Inc. (NASDAQ: SCVL) (the "Company"), a leading retailer of footwear and accessories for the family, today announced that its Board of Directors unanimously voted to change the corporate name to Shoe Station Group, Inc., subject to approval of the name change by the Company's shareholders at the Annual Meeting of Shareholders to be held in June 2026.One Banner Expected Fiscal 2028The Company expects over 90 percent of its fleet to operate as Shoe Station by the end of Fiscal 2028, with the remaining locations being evaluated for rebannering, outlet repositioning, or Show less Read more
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