Shoe Carnival, Inc has reported net sales of $306.4 million in Q2 FY25, down 7.9 per cent YoY, with comparable sales declining 7.5 per cent.
The net income fell 14.8 per cent to $19.2 million, or $0.7 per diluted share, impacted by rebanner investments.
Shoe Station outperformed with 1.6 per cent growth.
FY25 guidance sees EPS of $1.7–$2.1 and net sales of $1.12–$1.15 billion.