Shoe Carnival Earnings: Expectations and Implications

Shoe Carnival prepares for earnings report, expecting revenue decline of 3.8% to $295.2M, with adjusted earnings of $0.53 per share. Despite missing revenue expectations last quarter, the company showed strength in gross margin and EBITDA. Analysts predict no major surprises, but Shoe Carnival has fallen short of Wall Streets revenue predictions six times in the last two years.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.