Shoe Carnival has reported net sales of $1.135 billion in FY25, down 5.6 per cent year-over-year (YoY), with weaker performance in its core banner.
However, gross margin improved to 36.6 per cent, while Shoe Station outperformed with 2.7 per cent growth.
Net income fell to $52.3 million.
CEO Cliff Sifford highlighted strong execution, margin discipline and Shoe Station as the key growth driver.