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Shoe Carnival's new company name has officially taken effect, even as the pace of its store conversions has slowed. The change reflects a strategic rebranding for the footwear retailer.
Shoe Carnival's shares rose after the company released its first-quarter report, indicating positive investor reaction to its financial performance.
Shoe Carnival announced its GAAP EPS of $0.33 and revenue of $254.07 million, also providing its FY26 outlook, and has now outlined a $1.40–$1.60 EPS target while prioritizing inventory reduction and a strategic rebanner slowdown.
Shoe Carnival has announced an increase in its dividend by 13.3%, raising it to $0.17 per share.
Shoe Carnival announced plans to rebrand the company as Shoe Station Group, reflecting a strategic shift in its corporate identity.
Previews for the first quarter 2027 earnings reports have been released for both Workday and Shoe Carnival. These previews offer insights into anticipated financial performance ahead of their official announcements.
Ecora Resources has released the key highlights from its second-half earnings call, detailing the company's financial performance and strategic updates.
Cliff Sifford has been appointed as Shoe Carnival's interim CEO, following the departure of Mark Worden.
Webull, Lionsgate Studios, Shoe Carnival, and Williams-Sonoma have released their first-quarter earnings reports, with several companies meeting or exceeding revenue and EPS expectations.
Shoe Carnival's stock rose by 5% following news that the company's Chief Financial Officer increased their holding in the company.
Under new leadership, Shoe Carnival is reportedly decelerating its plans for store conversions, indicating a shift in the company's retail strategy.