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Shoe Carnival Non-GAAP EPS of $0.59 in-line, revenue of $280.17M in-line (NASDAQ:SCVL)

News RoomBy News RoomMarch 21, 2024
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Shoe Carnival press release (NASDAQ:SCVL): Q4 Non-GAAP EPS of $0.59 in-line. Revenue of $280.17M (-3.6% Y/Y) in-line. Initiating Fiscal 2024 outlook with net sales expected to grow approximately 5.0 percent at the mid-point of guidance. Increasing Rogan’s synergy expectation to approximately $2.5 million annually and accelerating integration to fully capture in Fiscal 2025. Dividend increase of 12.5 percent, representing an increased annualized dividend rate to $0.54, approved in March 2024.

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