Shoe Carnival reported third quarter (Q3) results with net sales declining 5.2% at its Shoe Carnival banner, attributed to lower store traffic and the impact of its rebannering strategy. This decrease was partially offset by a 5.3% increase in net sales at the Shoe Station banner. E-commerce sales represented approximately 10% of merchandise sales in Q3, compared to 11% in the same period last year. Gross profit for Q3 was USD 111.8 million, an increase of USD 1.5 million. For the nine months (9M) year-to-date 2025, gross profit was USD 326.4 million, a decrease of USD 10.7 million. Gross profit margin for 9M 2025 was 37.0%, up from 35.9% in the previous year, driven by higher merchandise margin and a favorable shift toward higher income Shoe Station customers, partially offset by increased buying, distribution, and occupancy costs. Comparable store net sales for the period declined 2.7%, reflecting an approximate 11% decrease in units sold, partially offset by pricing increases.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shoe Carnival Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-308714), on December 05, 2025, and is solely responsible for the information contained therein.
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