Shoe Carnival Beats Profit Expectations with 10% EPS Increase; Reports 7.5% Sales Decline in Q1 Fiscal 2025

Reuters

05/30

<a href="https://laohu8.com/S/SCVL">Shoe Carnival</a> Beats Profit Expectations with 10% EPS Increase; Reports 7.5% Sales Decline in Q1 Fiscal 2025

Shoe Carnival Inc. reported its fiscal first quarter 2025 results, highlighting a 10 percent outperformance in profits compared to market expectations, achieving an earnings per share $(EPS)$ of $0.34. The company experienced a 7.5 percent decline in total net sales, reaching $277.7 million, down from $300.4 million in the same quarter of the previous year. Comparable store net sales dropped by 8.1 percent. The Shoe Station banner recorded a 4.9 percent increase in net sales, contrasting with a 10.0 percent decline in net sales for the Shoe Carnival banner. Meanwhile, net sales from Rogan's surpassed $19 million, aligning with integration and synergy plans. Shoe Carnival reaffirmed its fiscal 2025 outlook and highlighted its accelerated expansion plan, with Shoe Station expected to comprise over 80 percent of the store fleet by March 2027. The company's balance sheet was strengthened with no debt and an over 30 percent increase in cash on hand compared to the first quarter of 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shoe Carnival Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250530275622) on May 30, 2025, and is solely responsible for the information contained therein.

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The company experienced a 7.5 percent decline in total net sales, reaching $277.7 million, down from $300.4 million in the same quarter of the previous year. Comparable store net sales dropped by 8.1 percent. The Shoe Station banner recorded a 4.9 percent increase in net sales, contrasting with a 10.0 percent decline in net sales for the Shoe Carnival banner. Meanwhile, net sales from Rogan's surpassed $19 million, aligning with integration and synergy plans. Shoe Carnival reaffirmed its fiscal 2025 outlook and highlighted its accelerated expansion plan, with Shoe Station expected to comprise over 80 percent of the store fleet by March 2027. 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The company experienced a 7.5 percent decline in total net sales, reaching $277.7 million, down from $300.4 million in the same quarter of the previous year. Comparable store net sales dropped by 8.1 percent. The Shoe Station banner recorded a 4.9 percent increase in net sales, contrasting with a 10.0 percent decline in net sales for the Shoe Carnival banner. Meanwhile, net sales from Rogan's surpassed $19 million, aligning with integration and synergy plans. Shoe Carnival reaffirmed its fiscal 2025 outlook and highlighted its accelerated expansion plan, with Shoe Station expected to comprise over 80 percent of the store fleet by March 2027. 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ID: 20250530275622) on May 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SCVL","symbol_name":"Shoe Carnival","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nNDLc7nmcZ:1","article_id":"2539225586","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539225586","pubTimestamp":1748599818,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Shoe Carnival Inc. reported its fiscal first quarter 2025 results, highlighting a 10 percent outperformance in profits compared to market expectations, achieving an earnings per share  of $0.34. 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