Shoe Carnival, Inc. Provides Earnings Guidance for the Full Year 2021
June 21, 2021 at 04:13 pm EDT
Share
Shoe Carnival, Inc. provided earnings guidance for the full year 2021. For the full year, the company anticipates net sales to be in excess of $1.15 billion and diluted net income per share to be in excess of $6.00 pre-stock split, or in excess of $3.00 post-stock split. Net sales are expected to surpass any previous full fiscal year record by over $100 million, and diluted net income per share is expected to more than double the company’s previous fiscal year record of $2.92 per share (pre-split basis).
Shoe Carnival, Inc. is a family footwear retailer. It offers an assortment of dress, casual and athletic footwear for men, women and children with emphasis on national name brands. Its omnichannel bricks provide customers easy access to its range assortment of branded footwear for athletics, daily activities and special events via their choice of delivery channel. Its typical physical store carries shoes in two general categories: athletics and non-athletics with subcategories for men's, women's and children's, and a range of accessories. Its trademarks and service marks: Shoe Carnival and associated trade dress and related logos, Y-NOT?, UNR8ED, Solanz, Shoe Perks, SC Work Wear, A Surprise In Store, Shoes 2U, Laces for Learning, Princess Laceyâs Laces, Shoe Station, Shoe Station Super Store and Shoe Station Select. It operates 429 stores in 36 states and Puerto Rico under its Shoe Carnival and Shoe Station banners and offers shopping at www.shoecarnival.com and www.shoestation.com.