-0.40%
-16.44%
-19.35%
-34.92%
8.39%
-19.09%
54.16%

Company Description

Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States.The company offers range of dress, casual, work, and athletic shoes, as well as sandals and boots for men, women, and children; and various accessories.As of January 29, 2022, it operated 372 stores in 35 states and Puerto Rico under the Shoe Carnival banner; and 21 locations across the Southeast under the Shoe Station banner.


The company also sells its products through online shopping at shoecarnival.com, as well as through mobile application.Shoe Carnival, Inc.was founded in 1978 and is headquartered in Evansville, Indiana.

Market Data

Last Price 27.64
Change Percentage -0.40%
Open 27.62
Previous Close 27.75
Market Cap ( Millions) 751
Volume 17811
Year High 46.92
Year Low 25.59
M A 50 32.95
M A 200 36.97

Financial Ratios

FCF Yield 10.77%
Dividend Yield 1.95%
ROE 12.26%
Debt / Equity 59.17%
Net Debt / EBIDTA 230.12%
Price To Book 1.18
Price Earnings Ratio 10.06
Price To FCF 9.28
Price To sales 0.62
EV / EBITDA 8.08

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Non-Athletics - Women's

Expected Growth : 2.1 %

What the company do ?

Non-Athletics - Women's from Shoe Carnival, Inc. refers to the segment of women's shoes that are not designed for athletic or sports activities, offered by Shoe Carnival, Inc.

Why we expect these perspectives ?

The 2.1% growth in Non-Athletics - Women's segment at Shoe Carnival, Inc. is driven by increasing demand for fashion footwear, expanding online presence, and effective marketing strategies targeting female consumers. Additionally, the company's focus on providing trendy and affordable products has contributed to the segment's growth.

Segment nΒ°2 -> Athletics - Men's

Expected Growth : 2.5 %

What the company do ?

Athletics - Men's from Shoe Carnival, Inc. refers to the men's athletic footwear and apparel section offered by the retailer.

Why we expect these perspectives ?

The 2.5% growth in Athletics - Men's from Shoe Carnival, Inc. is driven by increasing popularity of athleisure wear, rising health awareness, and growing demand for comfortable and stylish footwear. Additionally, strategic partnerships with popular athletic brands and effective marketing campaigns have contributed to the segment's growth.

Segment nΒ°3 -> Non-Athletics - Men's

Expected Growth : 1.8 %

What the company do ?

Non-Athletics - Men's from Shoe Carnival, Inc. refers to the segment of men's casual shoes, boots, and sandals sold by Shoe Carnival, excluding athletic shoes.

Why we expect these perspectives ?

Shoe Carnival's Non-Athletics - Men's segment growth of 1.8% is driven by increasing demand for casual footwear, particularly boots and loafers, as well as the company's effective inventory management and targeted marketing efforts. Additionally, the segment benefits from a strong brand portfolio, including Dr. Martens and Vans, which resonates with the target demographic.

Segment nΒ°4 -> Athletics - Women's

Expected Growth : 2.3 %

What the company do ?

Athletics - Women's from Shoe Carnival, Inc. refers to the section of the store catering to women's athletic footwear needs, offering a variety of shoes for fitness and sports activities.

Why we expect these perspectives ?

Women's athletics segment at Shoe Carnival, Inc. grew 2.3% driven by increasing popularity of athleisure wear, rising female participation in sports, and strategic partnerships with popular athletic brands. Additionally, the company's focus on providing stylish and comfortable footwear at affordable prices resonated with female consumers, contributing to the segment's growth.

Segment nΒ°5 -> Athletics - Children's

Expected Growth : 2.8 %

What the company do ?

Athletics - Children's from Shoe Carnival, Inc. offers a wide range of athletic shoes and apparel for kids, promoting active lifestyles and healthy habits.

Why we expect these perspectives ?

Strong brand recognition, increasing participation in youth sports, and growing demand for comfortable and stylish footwear drive the 2.8% growth in Athletics - Children's segment at Shoe Carnival, Inc. Additionally, strategic marketing efforts, expanded product offerings, and competitive pricing contribute to the segment's growth.

Segment nΒ°6 -> Non-Athletics - Children's

Expected Growth : 2.4 %

What the company do ?

Non-Athletics - Children's from Shoe Carnival, Inc. refers to casual, everyday shoes for kids, excluding athletic or sports shoes.

Why we expect these perspectives ?

Shoe Carnival's Non-Athletics - Children's segment growth of 2.4% is driven by increasing demand for casual, comfortable footwear, and trendy styles. Parents' willingness to spend on quality products, coupled with the company's effective marketing strategies and competitive pricing, contribute to this growth.

Segment nΒ°7 -> Accessories

Expected Growth : 1.9 %

What the company do ?

Accessories from Shoe Carnival, Inc. include hats, scarves, belts, and bags that complement their footwear offerings, enhancing customers' overall fashion experience.

Why we expect these perspectives ?

Shoe Carnival's accessories segment growth of 1.9% is driven by increasing demand for fashion-forward and affordable products, strategic partnerships with popular brands, effective inventory management, and targeted marketing efforts. Additionally, the company's focus on omnichannel retailing and investments in e-commerce capabilities have contributed to the segment's growth.

Segment nΒ°8 -> Other

Expected Growth : 1.5 %

What the company do ?

Other from Shoe Carnival, Inc. refers to the revenue generated from non-core business activities, including gift card breakage, loyalty program revenue, and other miscellaneous income.

Why we expect these perspectives ?

Shoe Carnival's 'Other' segment, with 1.5% growth, is driven by increasing online sales, strategic partnerships, and effective inventory management. Additionally, the company's focus on private label brands, loyalty programs, and targeted marketing efforts contribute to this growth.

Shoe Carnival, Inc. Products

Product Range What is it ?
Athletic Shoes Shoe Carnival offers a wide range of athletic shoes from top brands like Nike, Adidas, and Under Armour, catering to various sports and fitness activities.
Casual Shoes The company offers a diverse selection of casual shoes, including sneakers, boots, and sandals, from popular brands like Vans, Converse, and Steve Madden.
Dress Shoes Shoe Carnival carries a variety of dress shoes for men and women, including oxfords, loafers, and heels, from brands like Clarks and Dr. Scholl's.
Sandals and Flip Flops The company offers a wide range of sandals and flip flops from brands like Teva, Sanuk, and Birkenstock, perfect for warm weather and outdoor activities.
Boots Shoe Carnival sells a variety of boots, including ankle boots, knee-high boots, and work boots, from brands like UGG and Timberland.
Kids' Shoes The company offers a wide selection of kids' shoes, including sneakers, sandals, and boots, from popular brands like Nike and Vans.

Shoe Carnival, Inc.'s Porter Forces

Shoe Carnival, Inc. faces moderate threat from substitutes as customers have various alternatives for footwear and accessories. However, the company's strong brand presence and loyalty programs help mitigate this threat.

Shoe Carnival, Inc. has a large customer base, but individual customers do not have significant bargaining power. The company's pricing strategy and loyalty programs help maintain customer loyalty.

Shoe Carnival, Inc. relies on a diverse supplier base, which reduces dependence on individual suppliers. However, suppliers of popular brands may have some bargaining power.

The footwear and accessories market has moderate barriers to entry, and new entrants would need significant investment to compete with established players like Shoe Carnival, Inc.

The footwear and accessories market is highly competitive, with many established players competing for market share. Shoe Carnival, Inc. faces intense rivalry from competitors like DSW, Foot Locker, and online retailers.

Capital Structure

Value
Debt Weight 37.79%
Debt Cost 3.95%
Equity Weight 62.21%
Equity Cost 11.73%
WACC 8.79%
Leverage 60.74%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
CATO The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and …
DBI Designer Brands Inc., together with its subsidiaries, designs, manufactures, and retails footwear and accessories for women, men, and kids primarily in North America. The company operates through three segments: U.S. …
BKE The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual …
HIBB Hibbett, Inc. together with its subsidiaries, engages in the retail of athletic-inspired fashion products in small and mid-sized communities in the United States. Its stores offer a range of merchandise, …
JILL J.Jill, Inc. operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. The company offers knit and woven tops, bottoms, and dresses, as well …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
27.64$
Current Price
27.64$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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