In continuation of a partnership between Shoe Carnival and Philadelphia school districts, 10 percent of total purchases at select participating Shoe Carnival locations will go back to the shopper’s school of choice upon checkout.
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Shoe Carnival Introduces Updated Shoe Perks Loyalty Program
The refreshed program will offer a new mix of benefits optimized to maximize customer appeal and reach and will introduce a new Gold Tier.
Shoe Carnival Supports Local Schools With Philadelphia-Based Donation Program
Shoe Carnival Inc. will donate 10 percent of total purchases back to shoppers’ school of choice in the Philadelphia and surrounding areas.
Strong Athletic Trend Propels Shoe Carnival
”The strong athletic and athleisure trend shows no sign of slowing down,” said Cliff Sifford, president and CEO, on a conference call with analysts.
Shoe Carnival Lifts Guidance On Strong Q1
Shoe Carnival Inc. reported first-quarter profits climbed 58.5 percent as comps grew 1.3 percent and gross margins expanded 150 basis points.
Shoe Carnival’s Athletic Mix Expands To 53 Percent Of Sales In 2017
Shoe Carnival Inc. said athletic product represented 53 percent of sales in 2017, up from 51 percent in 2016. Nike accounted for 35 percent of its sales in 2017, up from 33 percent.
Shoe Carnival’s Q4 Benefits From Fewer Promotions, Women’s Leads Athletics
Shoe Carnival Inc. reported fourth-quarter earnings arrived at the top end of guidance due to a focus on lower promotions, but the move led to a dip in same-store sales. Adult Athletic comps were up low-single digits as strength in women’s athletic offset weakness in men’s basketball.
Shoe Carnival’s Q4 Earnings Reaches Upper End Of Guidance
Shoe Carnival Inc. reported earnings rose 30.1 percent on an adjusted basis, hitting the high end of guidance. Same-sore sales dipped 0.5 percent
Shoe Carnival Announces New $50 Million Share Repurchase Program
Shoe Carnival Inc. announced that its Board of Directors authorized a new share repurchase program for up to $50 million of its outstanding common stock, effective January 1, 2018.
Shoe Carnival Lifts Outlook On Robust Athletic Trends
Said Cliff Sifford, CEO, “We believe the positive athletic and athleisure trend happening in the family footwear channel will continue, and we have reallocated inventory dollars to those specific categories for the fall season to take advantage of this trend.”
Shoe Carnival Lifts Outlook On Strong Q3
Shoe Carnival reported net earnings rose 10.6 percent to $10.7 million, or 66 cents a share, exceeding Wall Street’s consensus target of 62 cents. Same-store sales grew 4.4 percent.
Shoe Carnival Testing Puma Shops
Following last year’s promising roll out of Nike shops, Shoe Carnival is testing Puma in-store shops in several stores.
Shoe Carnival Adds New Board Member
Shoe Carnival Inc. announced that its Board of Directors has elected Charles Tomm, a Principal at Heritage Capital Group, as a director effective September 12, 2017.
Shoe Carnival Shares Rally On Improving Top-Line Momentum
Shares of Shoe Carnival rose $3.68, or 22.4 percent, to $20.10 on Thursday after the off-price chain reported second-quarter results came in above estimates and August same-store sales ran up 7 percent.
Shoe Carnival’s Q2 Profits Dip
Shoe Carnival Inc. reported a slight decline in earnings in the second quarter on flattish comp sales. The off-price chain said it was impacted by later back-to-school dates in certain markets.
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