Shoe Carnival, Inc. (NASDAQ: SCVL) Earnings Report Highlights

• Shoe Carnival reported an earnings per share (EPS) of $0.71, aligning with estimates.
• The company generated revenue of approximately $306.9 million, surpassing estimates but showing a slight decline from the previous year.
• Financial metrics indicate a balanced financial position, with a P/E ratio of 12.34 and a strong current ratio of 3.88.

Shoe Carnival, Inc. (NASDAQ: SCVL) is a well-known retailer specializing in footwear and accessories. The company operates numerous stores across the United States, offering a wide range of products for men, women, and children. Shoe Carnival competes with other major footwear retailers, striving to attract customers with its diverse brand offerings and strategic marketing initiatives.

On November 21, 2024, Shoe Carnival reported earnings per share (EPS) of $0.71, aligning with the estimated EPS. This performance marks a 16.39% earnings surprise compared to the Zacks Consensus Estimate of $0.61 per share. However, it represents a decrease from the $0.80 EPS reported in the same quarter last year. Despite this decline, the company has consistently outperformed consensus EPS estimates in three of the past four quarters.

Shoe Carnival generated revenue of approximately $306.9 million, surpassing the estimated $277.9 million. However, this figure fell short of the Zacks Consensus Estimate by 1.18% and is a decline from the $319.91 million reported in the same period last year. Despite these challenges, the company has exceeded consensus revenue estimates twice in the last four quarters, demonstrating resilience in a competitive market.

The company's financial metrics provide further insight into its performance. With a price-to-earnings (P/E) ratio of 12.34, Shoe Carnival's market valuation of its earnings is relatively moderate. The price-to-sales ratio of 0.76 suggests a low valuation compared to its sales, while the enterprise value to sales ratio of nearly 1 reflects the company's total valuation in relation to its revenue. These figures indicate a balanced financial position.

Shoe Carnival maintains a strong current ratio of approximately 3.88, indicating robust short-term liquidity. The debt-to-equity ratio of about 0.59 shows a moderate level of debt compared to equity, suggesting a stable financial structure. The company's enterprise value to operating cash flow ratio of approximately 8.64 provides insight into its cash flow efficiency, while an earnings yield of around 8.10% offers a perspective on the return on investment.