Shoe Carnival (SCVL) Q1 Earnings Beat Estimates, Sales Up Y/Y
SCVLShoe Carnival(SCVL) zacks.com·2024-05-24 23:31

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 it ...