Shoe Carnival news and archive

Shoe Carnival Q2 same-store sales up 1.4 percent

Shoe Carnival has reported net sales of 268.2 million dollars for the second quarter, a 0.1 percent decrease compared to the second quarter of fiscal 2018, while comparable store sales increased 1.4 percent. Gross profit margin 0.6 percent to 30.6 percent compared to 31.2 percent in the second quarter of fiscal 2018. Net income for the quarter...

Business

Shoe Carnival announces dividend, share repurchase program

Board of directors at Shoe Carnival, Inc. has authorized a new share repurchase program for up to 50 million dollars of its outstanding common stock, effective January 1, 2019. In addition, the company said in a statement that its board approved the payment of a quarterly cash dividend of 8 cents per share to be paid on January 28, 2019, to...

Business

Shoe Carnival raises outlook following positive Q2 results

Shoe Carnival, Inc. reported net sales increased 14.2 percent to 268.4 million dollars, with approximately 19.7 million dollars of this increase attributable to the one-week shift in the calendar due to fiscal 2017 being a 53-week year and comparable store sales increased 6.7 percent. Gross profit margin increased to 31.2 percent compared to 29...

People

Mark Worden joins Shoe Carnival as Chief Strategy and Marketing Officer

Shoe Carnival, Inc. has announced the appointment of brand and marketing veteran, Mark Worden, to the newly created role of Executive Vice President, Chief Strategy and Marketing Officer, effective September 10, 2018. “We are excited to welcome Mark to the Shoe Carnival team with his incredible depth of experience as a brand builder and...

Business

Shoe Carnival declares 7 percent rise in quarterly cash dividend

Shoe Carnival, Inc’s board of directors has approved a 7 percent increase in its quarterly cash dividend. The company sais that the quarterly cash dividend of 0.08 dollar per share will be paid on July 23, 2018, to shareholders of record as of the close of business on July 9, 2018. “Once again, we are pleased to announce the board’s decision to...

Business

Shoe Carnival Q3 net income rises to 10.7 mn dollars

Shoe Carnival reported net sales of 287.5 million dollars for the third quarter of fiscal 2017, a 4.7 percent increase, while comparable store sales increased 4.4 percent. Gross profit margin decreased 0.1 percent to 29.8 percent compared to 29.9 percent in the third quarter of fiscal 2016. Net income for the quarter was 10.7 million dollars or...

People

Shoe Carnival elects Charles Tomm to its board of directors

Shoe Carnival’s board of directors has elected Charles Tomm, a Principal at Heritage Capital Group, as a director effective September 12, 2017. With this addition, Shoe Carnival’s board now has eight directors. In addition, the company’s board also approved the payment of a quarterly cash dividend of 0.075 dollar per share to be paid on October...