Shoe Carnival Further Enhances Financial Liquidity
Shoe Carnival, Inc. (SCVL)
Last shoe carnival, inc. earnings: 3/25 04:05 pm
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US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=89461&p=irol-irhome_pf
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Source: Business Wire
EVANSVILLE, Ind.--(BUSINESS WIRE)--Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of moderately priced footwear and accessories, today announced it has exercised the accordion feature of its credit agreement with Wells Fargo Bank, N.A. and Fifth Third Bank, National Association to further enhance its financial liquidity position. The exercise, which closed on April 16, 2020, resulted in an increase of the Company’s line of credit from $50 million to $100 million. The Company currently has no cash borrowings under the facility.“As we have communicated, our strong financial position has been a key competitive advantage for us through various cycles. However, out of an abundance of caution in light of the prolonged uncertainty in the macro-economic environment driven by the COVID-19 pandemic, we expanded our line of credit to ensure greater flexibility as we navigate current market conditions. We would like to thank Wells Fargo and Fifth Third Bank for their c
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SCVL
Earnings
- 3/21/24 - In-Line
SCVL
Analyst Actions
- 3/19/24 - Monness Crespi & Hardt
SCVL
Sec Filings
- 4/18/24 - Form 4
- 4/3/24 - Form 4
- 4/2/24 - Form 4
- SCVL's page on the SEC website