SCVL's fiscal third-quarter earnings decline year over year. The company plans to rebanner 25 more Shoe Carnival stores to Shoe Station stores in the first half of fiscal 2025.
Shoe Carnival has lowered its net sales range to 1.20 billion dollars to 1.23 billion dollars, representing growth of 2 percent to 4.5 percent in fiscal 2024.
Net income fell 12% to $19,242,000 in the third quarter against $21,861,000 on revenues that dipped 4% to $306,885,000 from $319,914,000, hurt by $20 million in sales pulled forward into Q2 by the ...