CSIMarket
 
Shoe Carnival Inc.  (SCVL)
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    Sector  Retail    Industry Retail Apparel
   Industry Retail Apparel
   Sector  Retail
 


Significant Earnings per Share Decline at SCVL all along the second quarter of 2022 earnings season

company reported second quarter of 2022 operating income of $38.789 millions

Published 2022-09-01T14:08:52+00:00
Goran Soko / CSIMarket.com Contributer

women_app_By_J_P_Karna_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonFor the second quarter of 2022 earnings season company EPS dropped by -32.47 % of $1.04 per share compare to $1.54 a year ago and income improved by 9.47 % from $0.95 per share from the prior reporting period.

Revenues depreciated by -6.008 % to $312.27 millions from $332.23 millions in the corresponding reporting period a year ago and sequentially Revenue decreased by -1.656 % from $317.53 millions.




Net earnings of $28.909 millions in the second quarter of 2022 earnings season fell by -34.61 % from $44.212 millions in the corresponding period a year before. Looking further into second quarter of 2022 earnings season Shoe Carnival Inc.'s profitability, operating margin mitigated to 12.42%, and net margin shrank to 9.26%.
Operating earnings, fell -35.04% to $38.789 millions, squeezing Shoe Carnival Inc.'s operating margin to %.

Shoe Carnival Inc. is expected to report next financial recent numbers on March 24, 2023.


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