Shoe Carnival stock soars more than 13% as analysts cheer better-than-expected earnings [MarketWatch]
Shoe Carnival, Inc. (SCVL)
Last shoe carnival, inc. earnings: 3/25 04:05 pm
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Source: MarketWatch
Shoe Carnival stock soars more than 13% as analysts cheer better-than-expected earnings Shoe Carnival Inc. shares SCVL, +14.48% surged more than 13% Wednesday, as analysts weighed in its better-than-expected second-quarter earnings. Wedbush analyst Christopher Svezia raised his stock price target to $44 from $38 and said the company's higher guidance was still likely conservative. " While mindful of store closures and shifting weeks around 4Q, it is clear that the retailer's outperformance is carrying over into 2H and clean inventories, conservative boot planning, improved product/brand availability, rewards, CRM, digital, and real estate initiatives and more should bode well for the outlook," he wrote in a note. am Poser at Susquehanna raised his stock price target to $38 from $35 but stuck with his neutral rating. "While trends are strong now, difficult boot comparisons later in the year and the increasing likelihood of decelerating athletic sales (SSS of +MSD in 2Q18) are of con
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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