Preview - Please log in to view full article.

Article Date: November 2006
Word Count: 150

SHOE CARNIVAL Q3 NET UP 17%; WOMEN’S CASUAL, DRESS STRONG.


Net income was $8,376,000 against $7,150,000 for theperiod ended Oct. 28 as total sales grew 4% to $189,086,000 from $182,697,000.Comparable store sales were 2.9% higher in Q3 as comparable store sales ofwomen’s casual and dress styles increased 10% year-over-year. SCVL realized a50 basis point improvement in Q3 gross margins to 30.0%.

SCVL said its women’s dress and casual businesscontinued to perform well and was also getting a larger share of theopen-to-buy, in part because gross margins ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.