Shoe Carnival Inc is a retail company that specializes in offering a wide variety of footwear for the entire family, including athletic shoes, casual footwear, and dressy options
The company operates numerous stores across the United States, providing customers with a unique shopping experience characterized by an extensive selection of popular brands and styles. Shoe Carnival distinguishes itself through its promotional events and sales, leveraging its commitment to customer service and a fun in-store atmosphere. In addition to its physical stores, Shoe Carnival also has an online presence, allowing shoppers to conveniently browse and purchase products from the comfort of their homes.
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Footwear retailer Shoe Carnival (NASDAQSCVL) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 4.1% year on year to $306.9 million. The company’s full-year revenue guidance of $1.22 billion at the midpoint came in 1.5% below analysts’ estimates. Its non-GAAP profit of $0.71 per share was 6% above analysts’ consensus estimates.
