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Stock impact report

Shoe Carnival Reports Fourth Quarter and Fiscal 2023 Results

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Business Wire
EVANSVILLE, Ind.--(BUSINESS WIRE)--Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of footwear and accessories for the family, today reported results for the fourth quarter and fiscal year ended February 3, 2024 (“Fiscal 2023”) and provided annual guidance for its fiscal year ending on February 1, 2025 (“Fiscal 2024”).Net sales achieved at the high end of the Company’s expectation, totaling $280.2 million in fourth quarter 2023 and $1.176 billion in Fiscal 2023.EPS achieved at the mid-range of the Company’s expectation with fourth quarter 2023 GAAP EPS of $0.57 and Adjusted EPS of $0.59; Fiscal 2023 GAAP EPS of $2.68 and Adjusted EPS of $2.70.Initiating Fiscal 2024 outlook with net sales expected to grow approximately 5.0 percent at the mid-point of guidance.Increasing Rogan’s synergy expectation to approximately $2.5 million annually and accelerating integration to fully capture in Fiscal 2025.Dividend increase of 12.5 percent, representing an increased ann Show less Read more
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