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Shoe Carnival, Inc. (SCVL)

  • Fri, Jun. 26, 10:07 AM
    • While Nike (NKE +4.5%) is doing yeoman-like work in supporting the Dow Jones Industrial Average, some other footwear/apparel stocks are ahead of market averages.
    • The group is being viewed as being in the right consumer market following a strong report from the Beaverton company.
    • Gainers: Iconix Brand Group (ICON +1.9%), Steven Madden (SHOO +1.8%), Under Armour (UA +0.6%), Hanesbrands (HBI +0.8%), Crocs (CROX +2.6%), Deckers Outdoor (DECK +1.2%), Skechers (SKX +0.4%), Wolverine Worldwide (WWW +1.5%), Caleres (CAL +2.2%), Genesco (GCO +2.3%), Shoe Carnival (SCVL +2.4%), Foot Locker (FL +2.4%).
    • The S&P Retail ETF (XRT +0.8%) is feeling the support from the athletic apparel and shoe stocks.
    • Previously: Nike beats by $0.15, beats on revenue (Jun. 25 2015)
    • Previously: Global futures at Nike top expectations (Jun. 25 2015)
    • Previously: Millennial demand underpins bright outlook for shoe stocks (Jun. 26 2015)
  • Fri, Jun. 12, 3:06 PM
    • Shoe Carnival (NASDAQ:SCVL) declares $0.065/share quarterly dividend, 8.3% increase from prior dividend of $0.06.
    • Forward yield 0.93%
    • Payable July 20; for shareholders of record July 6; ex-div July 2.
    | Comment!
  • Fri, Jun. 12, 10:45 AM
    • Shoe Carnival (SCVL -0.5%) plans to open a new small-store concept in the next six to nine months.
    • The new stores will be close to 5K square feet, compared to the company's average store size of around 10K square feet.
    | Comment!
  • Sat, Jun. 6, 12:58 PM
    • Many analysts covering the apparel/department store part of the retail sector have been pushing out the same story on global lifestyle brands and REIT conversions without giving investors much of a play except an all-in turnaround bet.
    • There's a suspicion with some industry insiders that F/X and comp sales headlines are hiding some undervalued picks.
    • A few screens below. Add your own in the comments.
    • Lowest forward price-to-earnings ratio: Genesco (NYSE:GCO), Dillard's (NYSE:DDS), Gap (NYSE:GPS), Stage Stores (NYSE:SSI), Stein Mart (NASDAQ:SMRT).
    • Lowest price-to-book ratio: Abercrombie & Fitch (NYSE:ANF), Stage Stores, Ascena Retail Group (NASDAQ:ASNA), Guess (NYSE:GES), J.C. Penney (NYSE:JCP).
    • Highest current ratio (assets/liabilities): Shoe Carnival (NASDAQ:SCVL), Francesca's (NASDAQ:FRAN), Guess, Citi Trends (NASDAQ:CTRN), DSW (NYSE:DSW).
  • Thu, May 21, 12:38 PM
    • Shoe Carnival (SCVL -1.5%) says it was hit by over 400 days cumulative of stores closures due to weather during Q1.
    • Comparable-store sales were up 3.0% during the quarter.
    • Gross margin rate was flat at 29.5% and the merchandise margin was up 10 bps.
    • SG&A expense rate -20 bps to 22.8%.
    • The company raised the low end of 2015 EPS guidance to $1.42-$1.48 vs. $1.40-$1.48 prior and $1.47 consensus.
    • Shares of Shoe Carnival were on the rise in the weeks before the earnings report.
    | Comment!
  • Wed, May 20, 4:08 PM
    • Shoe Carnival (NASDAQ:SCVL): Q1 EPS of $0.52 in-line.
    • Revenue of $252.8M (+7.2% Y/Y) misses by $1.8M.
    • Press Release
    | Comment!
  • Tue, May 19, 5:35 PM
  • Sat, May 2, 2:00 PM
    • There's a vibrant rally ongoing with shoe stocks as some stars align for the sector.
    • Analysts have cited a consumer trend toward a higher spend in the category amid positive macroeconomic factors, while some relief with input costs (rubber) and foreign exchange swings (labor) has helped with margins.
    • Mark down athleisure and brand-loyal millennials as two other positive factors for shoe sellers.
    • The U.S. retail sneaker market is now worth close to $28B, according to Sneakernomics.
    • SportsOneSource pegs the international market at $55B and growing briskly.
    • In what could also be considered a sign of a strong retail segment, designer basketball shoes even have a sizzling secondary market.
    • The list of shoe companies - retail level and wholesalers - with shares that have outperformed the S&P 500 and the S&P Retail ETF over the last 90 days includes Columbia Sportswear (NASDAQ:COLM), Deckers Outdoor (NYSE:DECK), Nike (NYSE:NKE), Foot Locker (NYSE:FL), Crocs (NASDAQ:CROX), Steve Madden (NASDAQ:SHOO), Brown Shoe (NYSE:BWS), Skechers (NYSE:SKX),  Finish Line (NASDAQ:FINL), Shoe Carnival (NASDAQ:SCVL), and Wolverine Worldwide (NYSE:WWW).
    • Under Armour (NYSE:UA) and Adidas (OTCQX:ADDYY) are also ahead of market averages over the same three-month period.
    • If an ETF of the shoe stocks listed above existed, it would have doubled up the return of the S&P 500 Index since January.
    | Comment!
  • Wed, Mar. 18, 5:43 PM
    • Top gainers, as of 5:15 p.m.: GES +12.8%. SCVL +9.4%. NQ +8.9%. CANF +8.2%. SBLK +4.5%.
    • Top losers, as of 5:15 p.m.:ANTH -3.4%HTA -3.26%. LYB -3.1%. EMC -3.0%. WSM -2.8%.
  • Wed, Mar. 18, 4:10 PM
    • Shoe Carnival (NASDAQ:SCVL): Q4 EPS of $0.15 beats by $0.06.
    • Revenue of $227.63M (+13.6% Y/Y) beats by $7.43M.
    • Shares +7.31%.
    • Press Release
    | Comment!
  • Tue, Mar. 17, 5:35 PM
  • Tue, Mar. 17, 11:31 AM
    • Shoe stocks are higher after DSW impresses with its quarterly report and Foot Locker is tapped for more gains.
    • The sector has outperformed broad retail this year buoyed by strong demand for athletic shoes.
    • Previously: DSW +7% after impressive comp (Mar. 17 2015)
    • Previously: Foot Locker investment seen as a safer Nike bet (Mar. 17 2015)
    • Gainers: DSW +4.1%, Brown Shoe (NYSE:BWS) +3.1%, Steven Madden (NASDAQ:SHOO) +1.9%, Finish Line (NASDAQ:FINL) +1.1%, Foot Locker (NYSE:FL) +1.1%, Shoe Carnival (NASDAQ:SCVL) +1.1%.
  • Tue, Feb. 24, 11:23 AM
  • Wed, Feb. 11, 9:45 AM
    • The Footwear Distributors and Retailers of America says tariffs on footwear rose 6.6% to $2.671B last year.
    • The pace exceeds sales growth in the sector.
    • Countries included the Trans-Pacific Partnership (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam) increased duties last year by 24% Y/Y.
    • Analysts have noted that a good portion of the tariff tax has hit the bottom line of shoe companies with pricing still very competitive.
    • The footwear trade group is pushing Congress to give President Obama Trade Promotion Authority to help bring tariff relief.
    • Shoe stocks: CROX, DECK, WWW, SHOO, SKX, SCVL, BWS, FL, FINL, NKE.
    | 1 Comment
  • Dec. 12, 2014, 11:02 AM
    • Shoe Carnival (NASDAQ:SCVL) declares $0.06/share quarterly dividend, in line with previous.
    • Forward yield 0.96%
    • Payable Jan. 26; for shareholders of record Jan. 12; ex-div Jan. 8.
    | Comment!
  • Dec. 2, 2014, 12:47 PM
    | Comment!
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Company Description
Shoe Carnival Incis a family footwear retailer. It offers customers an assortment of moderately priced dress, casual and athletic footwear for men, women and children.
Sector: Services
Industry: Apparel Stores
Country: United States