Shoe Carnival, Inc has reported net sales of $306.9 million in Q3 FY24, down from $319.9 million YoY, with a 4.1 per cent decline in comparable store sales.
Gross profit fell to $110.3 million (36 per cent margin), while SG&A expenses decreased to $85.8 million.
Net income was $19.2 million ($0.70 EPS).
FY24 sales are forecasted at $1.20-$1.23 billion, with adjusted EPS of $2.60-$2.75.
Gross profit fell to $110.3 million (36 per cent margin), while SG&A expenses decreased to $85.8 million.
Net income was $19.2 million ($0.70 EPS).
FY24 sales are forecasted at $1.20-$1.23 billion, with adjusted EPS of $2.60-$2.75.