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Shoe Carnival Inc
Sure, I can provide you with some information about the public company Apparel Stores with the stock symbol SCVL in the USA stock exchange.
SCVL stands for Shoe Carnival, a publicly-traded company listed on the NASDAQ stock exchange under the ticker symbol SCVL. Shoe Carnival is a footwear retailer that operates over 400 stores across the United States, specializing in selling moderately priced footwear for the entire family.
Here are a few key details regarding Shoe Carnival's performance:
Market Capitalization: Shoe Carnival has a market capitalization of around $450 million, classifying it as a small-cap company.
Revenue: Shoe Carnival generated $1.04 billion in revenue in its most recent fiscal year 2022, according to Yahoo Finance.
Earnings: According to Yahoo Finance, the company's net income for the quarter ended July 29, 2 \2022, was $21.4 million, or $0.48 per diluted share.
Sales: Comparable store sales decreased by 4.7% in 2022 compared to fiscal 2021. However, the company experienced an increase of 18.7% in e-commerce sales.
Growth prospects: Zacks Investment Research raised Shoe Carnival's expected earnings growth rate of 5.96% for the current year.
When it comes to investing in Shoe Carnival, it's crucial to keep in mind that the retail industry presents several obstacles, such as competition from online retailers like Amazon. Nevertheless, the company has been thriving in terms of its value proposition and price point, catering to budget-conscious customers. Additionally, Shoe Carnival has expanded its presence through online sales channels to adapt to the shifting retail landscape.
It is essential to remember that equity markets can be volatile. Therefore, before making any investment decisions, conducting thorough research and consulting a financial advisor is crucial, especially considering your personal financial goals and risk tolerance.
I hope this information helps! If you have any more questions or need further details about Shoe Carnival or any other stock-related inquiries, feel free to ask.