Shoe Carnival Does Not Deserve A 14x Earnings Multiple (NASDAQ:SCVL)

Group 1 - Shoe Carnival (NASDAQ: SCVL) reported a decline in sales for 2Q25, mirroring the performance seen in 1Q25 [1] - Gross margins showed significant improvement, but this was insufficient to offset the deleverage in selling, general and administrative expenses (SG&A) [1] - Profits were lower compared to the previous year, and this trend is expected to continue [1]