While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find compani ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...

Shoe Carnival Inc. NASDAQ: SCVL is one of the largest family footwear retailers in the United States, operating 430 stores under the Shoe Carnival, Shoe Station and Rogan's Shoes banners. Like the name, the atmosphere of the self-serve stores is bright, colorful, high energy and family-oriented with its iconic Spin 'N Win wheel with loads of promotions. They carry top brands and private label merchandise with a heavy emphasis on off-price brand discounts, which is why their business is booming despite gener ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional v ...

Shoe Carnival (SCVL) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.75%. A quarter ago, it was expected that this footwear retailer would post earnings of $0.60 per share when it actually produced earnings of $0.64, delivering a surprise of 6.67%. Over the last four quarters, the ...

H Nikola Stojadinovic Thesis Shoe Carnival (NASDAQ:SCVL), is currently navigating a complex retail landscape by leveraging strategic acquisitions and enhancing its digital-first marketing approach, which includes innovative features like the "Fit Finder" to improve customer experience and reduce operational costs. While the increased risk of integration, fierce competition, and possible economic challenges are noteworthy, I see the company's expansion opportunities in a more optimistic light. However, with ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended May 4, 2024 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 0-21360 Shoe Carnival, Inc. (Exact name of registrant as specified in its charter) Indiana 35-1736614 (State or other jurisdiction of i ...

Financial Data and Key Metrics Changes - Net sales increased by 6.8% to $300.4 million, surpassing expectations [18][46] - Operating income rose by 7.5% to $22.5 million, with pretax income increasing by 8.5% to $23.2 million [10][43] - Gross profit margin expanded to 35.6%, marking the 13th consecutive quarter above 35% [22][72] - Adjusted net income for Q1 was $17.7 million or $0.64 per diluted share [44][74] Business Line Data and Key Metrics Changes - Shoe Station's total sales grew low double digits, while Shoe Carnival experienced a low single-digit decline [39][46] - Sandal sales grew by 14% during the quarter, with strong performance noted in the sandal category [20][67] - E-commerce sales continued to grow double digits, driven by the relaunch of shoecarnival.com [19] Market Data and Key Metrics Changes - Comparable store sales were down 3.4%, reflecting strong performance in sandals and growth in athletics [35][71] - Children's comp sales were down low single digits, while men's non-athletic comp sales were down mid-single digits [36][37] Company Strategy and Development Direction - The company aims to be the leading family footwear retailer, focusing on profitable M&A activity [23][31] - Plans to continue pursuing M&A opportunities, with a strong balance sheet and zero debt [13][96] - The integration of Rogan's is progressing ahead of schedule, with expected synergies of $2.5 million to be realized in fiscal 2025 [12][25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about sales growth and profitability achieved in Q1, with a strong start to the sandal season [14][60] - The company is monitoring customer buying behavior closely during the upcoming nonevent period before back-to-school [29][84] - Management reiterated the full-year 2024 outlook, expecting net sales growth of 4% to 6% [45][95] Other Important Information - The company has a strong cash position, with total cash and equivalents of approximately $69 million at the end of the quarter [44][94] - SG&A expenses increased by $6.7 million due to higher marketing investments and selling expenses associated with Rogan's [73] Q&A Session Summary Question: What are the expected impacts of the retail calendar shift on Q2 and Q3? - Management clarified that Q2 net sales are expected to be about $330 million, with a $20 million benefit from the retail calendar shift [76][99] Question: How did the digital marketing campaign impact sales trends? - Management noted that sales improved significantly after launching the digital campaign, with strong customer engagement observed in March and April [51][86] Question: What are the comp trends for Rogan's? - Rogan's sales in Q1 approximated $19.6 million, with expectations for it to be accretive to results in fiscal 2024 [70][91] Question: How is the integration of Rogan's progressing? - The integration is ahead of schedule, with management optimistic about achieving full synergy capture by early 2025 [55][141] Question: What is the average transaction value comparison between Shoe Carnival, Shoe Station, and Rogan's? - The average transaction value at Shoe Station is about 20% higher than Shoe Carnival, while Rogan's is about 15% higher than Shoe Station [158]

Shoe Carnival, Inc. (SCVL) reported first-quarter fiscal 2024 results, wherein both the top and bottom lines surpassed the Zacks Consensus Estimate. Also, both metrics improved year over year. The company witnessed robust performance, registering double-digit revenue growth in the sandal category. Additionally, it achieved gross margin expansion, improved cost management and demonstrated strong pricing power. The company's performance positions it well to continue enhancing shareholder value and achieving i ...