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2 days ago
Shoe Carnival, Inc. (NASDAQ:SCVL) reported third-quarter adjusted earnings per share of 71 cents, beating the street view of 67 cents.
Quarterly sales of $306.89 million missed the analyst consensus estimate of $316.95 million.
Quarterly sales reflected the impact of the retail calendar shift that resulted in approximately $20 million of net sales moving out of the third quarter of 2024 compared to the prior year.
Without the impact of the retail calendar shift, net sales increased by 2.2% versus the prior year.
“Our flexible digital-first marketing campaign and great brand assortment drove demand during this peak shopping period and profitability in line with expectations for the third quarter,” said ...
