earnings
confidence high
sentiment positive
materiality 0.75
Shoe Carnival Q2 EPS $1.04, revenue $312.3M; reaffirms FY2022 guidance $3.95-$4.15
SHOE CARNIVAL INC
2022-Q2 EPS reported
$1.99
revenue$629,795,000
- Q2 EPS $1.04 (up 160% vs 2019); net sales $312.3M (+16.4% vs 2019).
- Gross margin 36.2% (+560 bps vs 2019); operating margin 12.4%, sixth quarter double-digit.
- Shoe Station banner expected to exceed $100M annual sales target by >10%.
- FY2022 EPS reaffirmed $3.95-$4.15; net sales $1.29B-$1.34B; gross margin ~36.7%.
- Back-to-school: August sales highest three-day in history; gross margin up >650 bps vs 2019.