What's Going On With Shoe Carnival Stock Thursday? - Shoe Carnival (NASDAQ:SCVL)

Shoe Carnival, Inc. (NASDAQ:SCVL) reported third-quarter sales of $297.155 million on Thursday, beating the street view of $296.333 million. Comparable store sales declined 2.7%.The company said its One Banner Strategy is gaining traction. By banner, Shoe Station delivered 5.3% net sales growth with mid-single-digit comp gains. On the earnings call, CEO Mark Worden said Shoe Station’s core customer, with a median household income $60,000-$100,000, is choosing premium products, seeking elevated service, and ...