SCVL Latest Report

Shoe Carnival's Financial Performance

Based on the provided data, Shoe Carnival (stock symbol: SCVL) had a total operating revenue of RMB262,939,000 (approximately US$26.3 million) on February 1, 2025. To assess the company's revenue growth trend, we need to compare it with the total operating revenue in the same period of 2024. In 2024, Shoe Carnival's total operating revenue was US$141.41 million, up 5.5% YoY. Although the specific YoY growth rate was not provided, it can be inferred that the total operating revenue in 2025 increased compared to 2024.

Key Financial Data

1. Shoe Carnival's total operating revenue in 2024 was US$141.41 million, up 5.5% YoY from 2023.

2. Sales costs in 2024 were US$110.96 million, up 3.4% YoY from 2023.

3. Shoe Carnival opened 4 new Shoe Station stores and closed 2 Shoe Carnival stores in 2024, with a total of 430 stores.

4. The overall growth rate of the footwear retail industry in 2024 is estimated to be 4.3%, indicating signs of market recovery.

Industry Comparison

1. Industry-wide analysis: The overall performance of the footwear retail industry is affected by the economic environment, consumer confidence, and competitors' strategies. The overall market growth rate of the footwear retail industry in 2024 is 4.3%, indicating that the market is gradually recovering, and Shoe Carnival's growth may be consistent with industry trends.

2. Peer comparison analysis: Compared with Foot Locker, DSW, and other peers, Shoe Carnival's total operating revenue growth is significant, indicating that it has certain competitive advantages in products, services, or brands.

Conclusion

Shoe Carnival achieved revenue growth in 2024, reflecting its positive performance in market demand, marketing strategies, and new store openings. Although the specific growth rate in 2025 is not clear, combined with the overall industry performance, Shoe Carnival seems to maintain a good momentum in competition.

Opportunities

1. Increased market demand: Consumer demand for footwear products is increasing, especially during economic recovery.

2. Effective marketing strategies: Ongoing promotional and advertising activities may attract more customers.

3. New store openings: Opening new stores directly drives revenue growth.

4. E-commerce channel development: The popularity of online shopping brings new sales channels for the company.

5. Product portfolio optimization: Launching high-quality and cost-effective product lines can meet consumer needs and stimulate sales.

Risks

1. Economic fluctuations: Changes in the overall economic environment may affect consumer spending and sales.

2. Intensified competition: Competitors' strategy adjustments may threaten Shoe Carnival's market share.

3. Cost increase: An increase in sales costs may squeeze profit margins.

4. Store closure risk: Closing stores may affect brand image and market coverage.

5. Changing consumer preferences: Changes in consumer preferences for brands and quality may require the company to continuously adjust product strategies.