Latest news with #SCVL
Yahoo
2 days ago
- Business
- Yahoo
Shoe Carnival Inc (SCVL) Q1 2025 Earnings Call Highlights: Navigating Challenges with Strategic ...
Net Sales: $277.7 million, a decline of 7.5% compared to last year. Net Income: $9.3 million or $0.34 per diluted share, down from $17.3 million or $0.63 per diluted share last year. Comparable Store Sales: Down 8.1% for the quarter. Shoe Station Sales Growth: Increased by 4.9% and was comp positive. Gross Profit Margin: 34.5%, down 110 basis points from last year. SG&A Expenses: $83.8 million, representing 30.2% of net sales, up 2.1 percentage points from last year. Cash and Cash Equivalents: $93 million, up over 30% compared to the end of Q1 last year. Inventory Levels: Increased by 4% compared to last year. Rebanner Initiative Investment: $10 million in capital expenditures during Q1, with a total expected investment of $30 million to $40 million for the year. Fiscal 2025 Outlook: Net sales of $1.15 billion to $1.23 billion, GAAP EPS of $1.60 to $2.10, and gross profit margins of 35% to 36%. Warning! GuruFocus has detected 4 Warning Signs with SCVL. Release Date: May 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Shoe Carnival Inc (NASDAQ:SCVL) reported first-quarter profits that outperformed expectations by approximately 10%. The company's rebanner expansion plans, particularly with Shoe Station, are delivering outstanding results, with Shoe Station achieving a 4.9% sales growth. Shoe Carnival Inc (NASDAQ:SCVL) maintains a debt-free balance sheet with expanded cash reserves, positioning it well for opportunistic buys and margin growth. The rebanner initiative has consistently yielded double-digit sales growth and accretive margins across diverse market types. Shoe Carnival Inc (NASDAQ:SCVL) is strategically maintaining elevated inventory levels to navigate marketplace uncertainties and ensure product availability during key seasons. Shoe Carnival Inc (NASDAQ:SCVL) experienced a 7.5% decline in net sales compared to the previous year, with comparable store sales down 8.1%. The Shoe Carnival banner saw a decline in sales, consistent with industry-wide challenges, with total sales declining 10%. The company anticipates continued challenges in achieving profitable sales growth in the near term due to external conditions and soft consumer confidence. The rebanner initiative, while promising, involves significant planned investments that have impacted near-term profitability. Shoe Carnival Inc (NASDAQ:SCVL) faces uncertainty regarding consumer sentiment, which could affect future sales performance, particularly during the back-to-school season. Q: With the decision to expand Shoe Station stores more quickly, is this due to outperformance and competitive positioning? How does private label exposure factor into this? A: Mark Worden, President and CEO, explained that Shoe Station is capturing new customers at an exciting rate due to unmet needs in the market, particularly in higher-end segments. The competitive set for Shoe Station is different from Shoe Carnival, focusing on premium brands and white space opportunities. Private label exposure is minimal and not a significant factor in the outperformance. Q: How instructive are the initial results from rebannered rural and lower-income locations for future performance? A: Mark Worden noted that early results are encouraging, with rebannered stores maintaining double-digit growth into their second year. The unique offering of Shoe Station, combining non-athletic and athletic products, is attracting customers in these areas, suggesting sustainable performance. Q: What is the expected impact of the rebanner initiative on next year's earnings? A: Patrick Edwards, CFO, stated that the P&L investment for rebannering has been accelerated, with costs expected to be incurred by the end of Q2 next year. While there will be additional costs beyond the previously disclosed $22 million to $27 million, the initiative is expected to support a two- to three-year payback period. Q: Can you provide more details on the Q2 guidance and expected comp performance? A: Mark Worden indicated that the guidance assumes similar comp expectations, with Shoe Carnival underperforming and Shoe Station continuing to outperform. The focus remains on maintaining strong performance at Shoe Station. Q: How are tariffs impacting your guidance and vendor pricing? A: Mark Worden expressed optimism about the tariff situation, noting that Shoe Carnival's position as a retailer without wholesale exposure provides a comparative advantage. The company has secured key products at favorable costs, and no significant cost or price changes have been observed that would impact guidance. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Washington Post
3 days ago
- Business
- Washington Post
Shoe Carnival: Fiscal Q1 Earnings Snapshot
EVANSVILLE, Ind. — EVANSVILLE, Ind. — Shoe Carnival Inc. (SCVL) on Friday reported earnings of $9.3 million in its fiscal first quarter. On a per-share basis, the Evansville, Indiana-based company said it had profit of 34 cents. The footwear retailer posted revenue of $277.7 million in the period. Shoe Carnival expects full-year earnings to be $1.60 to $2.10 per share, with revenue in the range of $1.15 billion to $1.23 billion.
Yahoo
3 days ago
- Business
- Yahoo
Shoe Carnival: Fiscal Q1 Earnings Snapshot
EVANSVILLE, Ind. (AP) — EVANSVILLE, Ind. (AP) — Shoe Carnival Inc. (SCVL) on Friday reported earnings of $9.3 million in its fiscal first quarter. On a per-share basis, the Evansville, Indiana-based company said it had profit of 34 cents. The footwear retailer posted revenue of $277.7 million in the period. Shoe Carnival expects full-year earnings to be $1.60 to $2.10 per share, with revenue in the range of $1.15 billion to $1.23 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on SCVL at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Is It Too Late To Consider Buying Shoe Carnival, Inc. (NASDAQ:SCVL)?
Shoe Carnival, Inc. (NASDAQ:SCVL), is not the largest company out there, but it saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQGS. While good news for shareholders, the company has traded much higher in the past year. As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Today we will analyse the most recent data on Shoe Carnival's outlook and valuation to see if the opportunity still exists. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. According to our valuation model, Shoe Carnival seems to be fairly priced at around 12% below our intrinsic value, which means if you buy Shoe Carnival today, you'd be paying a fair price for it. And if you believe that the stock is really worth $21.67, then there's not much of an upside to gain from mispricing. Although, there may be an opportunity to buy in the future. This is because Shoe Carnival's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity. See our latest analysis for Shoe Carnival Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. However, with an extremely negative double-digit change in profit expected next year, near-term growth is certainly not a driver of a buy decision. It seems like high uncertainty is on the cards for Shoe Carnival, at least in the near future. Are you a shareholder? SCVL seems fairly priced right now, but given the uncertainty from negative returns in the future, this could be the right time to de-risk your portfolio. Is your current exposure to the stock optimal for your total portfolio? And is the opportunity cost of holding a negative-outlook stock too high? Before you make a decision on the stock, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping an eye on SCVL for a while, now may not be the most optimal time to buy, given it is trading around its fair value. The price seems to be trading at fair value, which means there's less benefit from mispricing. Furthermore, the negative growth outlook increases the risk of holding the stock. However, there are also other important factors we haven't considered today, which can help crystalize your views on SCVL should the price fluctuate below its true value. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. At Simply Wall St, we found 1 warning sign for Shoe Carnival and we think they deserve your attention. If you are no longer interested in Shoe Carnival, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-04-2025
- Business
- Yahoo
1 Small-Cap Stock to Target This Week and 2 to Ignore
Investors looking for hidden gems should keep an eye on small-cap stocks because they're frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets. Luckily for you, our mission at StockStory is to help you make money and avoid losses by sorting the winners from the losers. That said, here is one small-cap stock that could amplify your portfolio's returns and two that may have trouble. Market Cap: $455.2 million Known for its playful atmosphere that features carnival elements, Shoe Carnival (NASDAQ:SCVL) is a retailer that sells footwear from mainstream brands for the entire family. Why Do We Pass on SCVL? Poor same-store sales performance over the past two years indicates it's having trouble bringing new shoppers into its brick-and-mortar locations Smaller revenue base of $1.20 billion means it hasn't achieved the economies of scale that some industry juggernauts enjoy Estimated sales decline of 1.4% for the next 12 months implies a challenging demand environment At $16.78 per share, Shoe Carnival trades at 5.8x forward price-to-earnings. If you're considering SCVL for your portfolio, see our FREE research report to learn more. Market Cap: $5.24 billion Known for its frozen garlic bread and Parkerhouse rolls, Lancaster Colony (NASDAQ:LANC) sells bread, dressing, and dips to the retail and food service channels. Why Does LANC Worry Us? Sales trends were unexciting over the last three years as its 6.7% annual growth was below the typical consumer staples company Modest revenue base of $1.9 billion gives it less fixed cost leverage and fewer distribution channels than larger companies Easily substituted products (and therefore stiff competition) result in an inferior gross margin of 23% that must be offset through higher volumes Lancaster Colony is trading at $191.60 per share, or 27.6x forward price-to-earnings. To fully understand why you should be careful with LANC, check out our full research report (it's free). Market Cap: $8.04 billion With a 50-year legacy of "Leading with Science" and operations on all seven continents, Tetra Tech (NASDAQ:TTEK) provides high-end consulting and engineering services focused on water management, environmental solutions, and sustainable infrastructure for government and commercial clients worldwide. Why Will TTEK Outperform? Annual revenue growth of 24.8% over the last two years was superb and indicates its market share increased during this cycle Average backlog growth of 19.1% over the past two years shows it has a steady sales pipeline that will drive future orders Performance over the past five years was turbocharged by share buybacks, which enabled its earnings per share to grow faster than its revenue Tetra Tech's stock price of $30.11 implies a valuation ratio of 20.4x forward price-to-earnings. Is now a good time to buy? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like United Rentals (+322% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
