Shoe Carnival (NASDAQ:SCVL) announced its earnings results on Wednesday. The company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.03, Briefing.com reports. Shoe Carnival had a net margin of 3.96% and a return on equity of 12.96%. The company had revenue of $239.88 million during the quarter, compared to the consensus estimate of $237.97 million. During the same period last year, the firm earned $0.09 earnings per share. Shoe Carnival’s revenue was up 2.2% compared to the same quarter last year.
NASDAQ SCVL opened at $20.01 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.64 and a quick ratio of 0.36. The stock’s fifty day moving average price is $28.75 and its 200 day moving average price is $33.65. Shoe Carnival has a 1 year low of $12.56 and a 1 year high of $40.00. The company has a market cap of $284.86 million, a price-to-earnings ratio of 7.30 and a beta of 0.93.
In related news, Director Kent A. Kleeberger sold 1,620 shares of the company’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $36.96, for a total value of $59,875.20. Following the transaction, the director now directly owns 13,434 shares of the company’s stock, valued at approximately $496,520.64. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 23.60% of the stock is owned by corporate insiders.
About Shoe Carnival
Shoe Carnival, Inc, together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers various dress, casual, and athletic footwear products for men, women, and children; and accessories, such as socks, belts, shoe care items, handbags, sport bags, backpacks, scarves, and wallets.
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