Nov. 20 at 3:00 PM
$SCVL meets estimates but falters on YoY performance 📉
Earnings per share hit 53 cents, down 24.3% from last year, as net sales dipped 3.2%. Comparable store sales declined in the quarter, but the One Banner Strategy is expected to drive future growth, with Shoe Station set to dominate the store fleet by 2028. https://www.zacks.com/stock/news/2793557/scvl-q3-earnings-sales-meet-estimates-comparable-sales-dip-yy?cid=sm-stocktwits-2-2793557-body-21837&ADID=SYND_STOCKTWITS_TWEET_2_2793557_BODY_21837