SCVL Earnings Prediction
The chart below shows how SCVL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SCVL sees a +4.45% change in stock price 10 days leading up to the earnings, and a +1.35% change 10 days following the report. On the earnings day itself, the stock moves by +2.54%. This data can give you a slight idea of what to expect for the next quarter's release.
SCVL Key Earning Data
SCVL Earnings Analysis
Positive
Sales Growth Amid Industry Contraction: Shoe Carnival achieved net sales of $1.2 billion in fiscal 2024, reflecting a growth of 2.3% despite industry contraction, showcasing solid performance against competitors.
Successful Integration Impact: The company successfully integrated Rogan's Shoes ahead of schedule, contributing $16.5 million in revenue for the fourth quarter and over $80 million for the year, exceeding initial operating income targets by over 20%.
Market Expansion Success: Shoe Station, the company's premium retail banner, grew an industry-leading 5.7%, successfully entering new markets and capturing new customers, indicating strong brand performance and market expansion.
Consistent Gross Profit Margin: The company maintained a gross profit margin of over 35% for the fourth consecutive year, demonstrating effective margin management and cost control strategies.
Dividend Consistency and Stability: Shoe Carnival provided its 52nd consecutive dividend and ended the year with zero debt, highlighting financial stability and commitment to shareholder returns.
Store Rebranding Strategy: The company plans to rebanner 50 to 75 stores to Shoe Station, with expectations of over 20% increase in profitability at these stores within two years, indicating a strong growth strategy.
Digital Marketing Success: Shoe Carnival's digital-first marketing approach continued to drive profitable growth, particularly during key shopping events, reflecting effective customer engagement strategies.
Negative
Consumer Spending Constraints: Inflationary pressures are constraining purchases among lower-income households and urban consumers, leading to reduced spending during non-key periods.
Customer Spending Trends: Customer trends remain unchanged with lower-income customers pulling back on spending during non-event months, which is expected to persist in 2025.
Boot Season Decline: The 2024 boot season was disappointing due to unseasonably warm weather, resulting in a significant decline in boot inventory dollars compared to last year.
Sales Momentum Challenges: Despite achieving net income growth, comparable sales were down 3.9% for the year, indicating challenges in maintaining sales momentum.
Market Challenges Ahead: The company anticipates continued mid- to high singles declines from lower-income households at the Carnival banner in 2025, reflecting ongoing market challenges.
Short-Term EPS Impact: The first-year investments for the rebanner strategy are expected to reduce EPS by approximately $0.65, indicating a significant short-term financial impact.
Sales Reduction Impact: The company expects a sales reduction of approximately 1% during the downtime for store closures and reopenings related to the rebanner strategy, which could affect overall revenue in 2025.
SCVL FAQs
How does SCVL typically perform around its earnings report dates?
SCVL's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +4.45% change leading up to the report and a +1.35% change in the 10 days following the release.
Is Shoe Carnival Inc (SCVL) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SCVL Earning Call Sentiment
Shoe Carnival, Inc. (SCVL) Q4 2024 Earnings Call Transcript
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