SCVL 17.35 - looking solid into their formal earnings release on 11/20...the pps got a pop to $18.50 on yesterday's pre-announcement and has fallen right back down.
Third Quarter Results Reinforce Strategy • Shoe Station net sales grew 5.3 percent. • Shoe Station margins expanded 260 basis points. • Shoe Carnival net sales declined 5.2 percent, reflecting continued pressure on lower-income consumers. • Third quarter net sales were $297.2 million, exceeding consensus expectations. • Third quarter diluted earnings per share was $0.53, exceeding consensus expectations. • Debt-free balance sheet and over $100 million in cash and securities at the end of third quarter Fiscal 2025.