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Shoe Carnival reported a 12.9% YoY sales increase in Q2 FY24, citing strong Back-to-School sales.
Shoe Carnival reported strong Q2 earnings for fiscal 2024, with adjusted EPS of 83 cents and sales of $332.7 million, a 12.9% increase year-over-year.
The company attributed its success to robust Back-to-School sales, particularly in children's and athletic footwear.
For Q3, it forecasts sales of $320 million and EPS of 70 cents.
Shoe Carnival aims to exceed 500 stores by 2028 and has revised its 2024 outlook to $1.23-$1.25 billion in sales and adjusted EPS of $2.60-$2.75.
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Shoe Carnival informó un aumento de ventas interanual del 12,9% en el segundo trimestre del año fiscal 24, citando fuertes ventas de Regreso a la Escuela.