Published • loading... • Updated
What's Going On With Shoe Carnival Stock Thursday? - Shoe Carnival (NASDAQ:SCVL)
Shoe Carnival's shift to premium Shoe Station stores aims to boost margins and efficiency with a forecasted $20 million in annual cost savings by 2027, company said.
Summary by Benzinga
4 Articles
4 Articles
What's Going On With Shoe Carnival Stock Thursday? - Shoe Carnival (NASDAQ:SCVL)
Shoe Carnival, Inc. (NASDAQ:SCVL) reported third-quarter sales of $297.155 million on Thursday, beating the street view of $296.333 million. Comparable store sales declined 2.7%. The company said its One Banner Strategy is gaining traction. By banner, Shoe Station delivered 5.3% net sales growth with mid-single-digit comp gains. CEO Mark Worden said Shoe Station’s core customer, with a median household income $60,000-$100,000, is choosing premiu…
·New York, United States
Read Full ArticleCoverage Details
Total News Sources4
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium



