The Latest Breaking News from Shoe Carnival

A Relative Strength Rating upgrade for Shoe Carnival shows improving technical performance. Will it continue?

The Chart of the Day belongs to the footwear retailer Shoe Carnival (SCVL) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...

Shoe Carnival Inc (NASDAQ:SCVL) reported a first-quarter FY22 sales decline of 3.3% year-on-year to $317.53 million, beating the consensus of $314.05 million. Net sales increased 25.1% from pre-pandemic 1Q19, driven by the new customer acquisition. EPS of $0.95 beat the consensus of $0.86. Gross profit fell 13.3% Y/Y to $112.9 million, with the…

  Shoe Carnival (NASDAQ:SCVL) reported its Q1 earnings results on Wednesday, May 18, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

Salesforce.com Inc (NYSE: CRM) shares traded approximately 5% higher during the month of March, sparked by record earnings. 

Shares of Shoe Carnival (SCVL) are trading way below their 52-week highs despite solid results by the company. But can the stock rebound based on SCVL’s continuing sales growth and rapid store expansion? Read on. Let’s find out.

What is a Value Stock?

Shoe Carnival Inc (NASDAQ:SCVL) reported fourth-quarter FY21 sales growth of 23.4% year-on-year, to $313.37 million, beating the consensus of $280.42 million. The revenue growth was driven by increased store traffic and new customer acquisition. Adjusted EPS of $0.83 beat the consensus of $0.44. Gross profit rose 49.5% Y/Y to $116.8 million, with the…

  Shoe Carnival (NASDAQ:SCVL) reported its Q4 earnings results on Wednesday, March 16, 2022 at 06:30 AM. Here's what investors need to know about the announcement.