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Footwear retailer Shoe Carnival (NASDAQ:SCVL) will be reporting earnings tomorrow before market hours. Here’s what investors should know.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at footwear retailer stocks, starting with Foot Locker (NYSE:FL).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Shoe Carnival (NASDAQ:SCVL) and the best and worst performers in the footwear retailer industry.
Footwear retailer Shoe Carnival (NASDAQ:SCVL) missed analysts’ expectations in Q2 CY2024, with revenue up 12.9% year on year to $332.7 million. The company’s full-year revenue guidance of $1.24 billion at the midpoint also came in 1.4% below analysts’ estimates. It made a GAAP profit of $0.82 per share, improving from its profit of $0.71 per share in the same quarter last year.
As the Q1 earnings season wraps, let's dig into this quarter's best and worst performers in the footwear retailer industry, including Shoe Carnival (NASDAQ:SCVL) and its peers.
Although these ideas are far from the market’s spotlight, they also represent undervalued rebound stocks that can shock the naysayers.
SCVL stock results show that Shoe Carnival beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.
Footwear retailer Shoe Carnival (NASDAQ:SCVL) will be announcing earnings results tomorrow before market hours. Here's what to look for.
SCVL stock results show that Shoe Carnival met analyst estimates for earnings per share but missed on revenue for the fourth quarter of 2023.