Shoe Carnival (NASDAQ:SCVL) is set to release its earnings data after the market closes on Wednesday, March 21st. Analysts expect Shoe Carnival to post earnings of $0.08 per share for the quarter.
Shares of Shoe Carnival (NASDAQ SCVL) opened at $22.88 on Wednesday. Shoe Carnival has a 52 week low of $15.07 and a 52 week high of $28.38. The firm has a market capitalization of $382.26, a PE ratio of 17.20, a PEG ratio of 1.03 and a beta of 0.85.
Shoe Carnival announced that its board has authorized a share repurchase plan on Tuesday, December 19th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.
COPYRIGHT VIOLATION NOTICE: “Shoe Carnival (SCVL) to Release Earnings on Wednesday” was first reported by Week Herald and is the sole property of of Week Herald. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of U.S. and international copyright law. The legal version of this news story can be accessed at https://weekherald.com/2018/03/14/shoe-carnival-scvl-to-release-earnings-on-wednesday.html.
About Shoe Carnival
Shoe Carnival, Inc is a family footwear retailer. The Company’s primary activity is the sale of footwear and related products through its retail stores in approximately 30 states within the continental United States and in Puerto Rico. It also offers online shopping on its e-commerce site at www.shoecarnival.com.
Receive News & Ratings for Shoe Carnival Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shoe Carnival and related companies with MarketBeat.com's FREE daily email newsletter.