EVANSVILLE, Ind. – Shoe Carnival , Inc. (NASDAQ:SCVL), a prominent family footwear retailer, announced its fourth quarter financial results, matching analyst expectations for adjusted EPS and slightly exceeding revenue estimates. For the quarter ended February 3, 2024, the company reported an adjusted EPS of $0.59, aligning with the consensus estimate. Revenue reached $280.2 million, marginally surpassing the anticipated $279.81 million and representing a 3.6% decrease from the $290.8 million reported in the same quarter last year. President and CEO Mark Worden attributed the quarter’s performance to robust December holiday sales and the company’s strategic growth initiatives, including the acquisition of Rogan’s, which is expected to be immediately accretive to the company’s 2024 results. Despite a YoY decline in net sales…
