Shoe Carnival news and archive

Shoe Carnival sees 4 percent rise in full year comparable sales

Updating its outlook for the fiscal year ending February 2, 2019, Shoe Carnival, Inc. said that it now expects net sales to be approximately 1.028 billion dollars and comparable store sales to increase approximately 4 percent. Earnings per diluted share for year are expected to be in the range of 2.41 dollars to 2.43 dollars. In fiscal 2017, net...

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Shoe Carnival announces dividend, share repurchase program

Board of directors at Shoe Carnival, Inc. has authorized a new share repurchase program for up to 50 million dollars of its outstanding common stock, effective January 1, 2019. In addition, the company said in a statement that its board approved the payment of a quarterly cash dividend of 8 cents per share to be paid on January 28, 2019, to...

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Shoe Carnival Q3 revenues drop, net income rises by 9.1 percent

American family footwear retailer Shoe Carnival said on Thursday its Q3 revenue for 2018 slid 6.4 percent but comparable sales increased 4.5 percent. Net income increased by 9.1 percent from the same period last year. The company’s sales in Q3 2018 were 269 million US Dollars, down from 287 million US Dollars a year earlier. Net income increased...

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Shoe Carnival raises outlook following positive Q2 results

Shoe Carnival, Inc. reported net sales increased 14.2 percent to 268.4 million dollars, with approximately 19.7 million dollars of this increase attributable to the one-week shift in the calendar due to fiscal 2017 being a 53-week year and comparable store sales increased 6.7 percent. Gross profit margin increased to 31.2 percent compared to 29...

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Mark Worden joins Shoe Carnival as Chief Strategy and Marketing Officer

Shoe Carnival, Inc. has announced the appointment of brand and marketing veteran, Mark Worden, to the newly created role of Executive Vice President, Chief Strategy and Marketing Officer, effective September 10, 2018. “We are excited to welcome Mark to the Shoe Carnival team with his incredible depth of experience as a brand builder and...

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Shoe Carnival declares 7 percent rise in quarterly cash dividend

Shoe Carnival, Inc’s board of directors has approved a 7 percent increase in its quarterly cash dividend. The company sais that the quarterly cash dividend of 0.08 dollar per share will be paid on July 23, 2018, to shareholders of record as of the close of business on July 9, 2018. “Once again, we are pleased to announce the board’s decision to...

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Shoe Carnival Q3 net income rises to 10.7 mn dollars

Shoe Carnival reported net sales of 287.5 million dollars for the third quarter of fiscal 2017, a 4.7 percent increase, while comparable store sales increased 4.4 percent. Gross profit margin decreased 0.1 percent to 29.8 percent compared to 29.9 percent in the third quarter of fiscal 2016. Net income for the quarter was 10.7 million dollars or...

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Shoe Carnival elects Charles Tomm to its board of directors

Shoe Carnival’s board of directors has elected Charles Tomm, a Principal at Heritage Capital Group, as a director effective September 12, 2017. With this addition, Shoe Carnival’s board now has eight directors. In addition, the company’s board also approved the payment of a quarterly cash dividend of 0.075 dollar per share to be paid on October...

Management

Shoe Carnival Q2 comparable sales rise 0.4 percent

Shoe Carnival reported net sales of 235.1 million dollars for the second quarter of fiscal 2017, a 1.4 percent increase, compared to 231.9 million dollars for the second quarter of fiscal 2016. Comparable store sales increased 0.4 percent, while gross profit margin remained flat at 29 percent for the quarter. Net income was 3.9 million dollars...

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Shoe Carnival ups quarterly cash dividend by 7 percent

Shoe Carnival’s board of directors has approved a 7 percent increase in its quarterly cash dividend. The company said, the quarterly cash dividend of 0.075 dollar per share will be paid on July 17, 2017, to shareholders of record as of the close of business on July 3, 2017. “We are pleased to announce the board’s decision to once again increase...

Management

Shoe Carnival Q1 turnover declines 2.7 percent

Shoe Carnival reported net sales of 253.4 million dollars for the first quarter of fiscal 2017, a 2.7 percent decrease, compared to net sales of 260.5 million dollars for the first quarter of fiscal 2016. Comparable store sales decreased 3.9 percent during the quarter. “While February was a very challenging month due to the delay in the tax...

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Shoe Carnival Q1 same-store sales down 3.9 percent, lowers outlook

Shoe Carnival comparable store sales in the first quarter of fiscal 2017 decreased 3.9 percent as a result of a slower start to the fiscal year. The company now expects fiscal year 2017 net sales to be in the range of 1.002 billion dollars to 1.018 billion dollars, with comparable store sales flat to down low single digits, and earnings per...