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Shoe Carnival Q4 net sales $239.9 million

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Christian Fernsby ▼ | March 26, 2020
Shoe Carnival reported results for the fourth quarter and fiscal year ended February 1, 2020.
Shoe Carnival
Shoe Carnival   Net income was $3.5 million
Fourth quarter and fiscal year 2019 highlights

Topics: Shoe Carnival

Net sales of $239.9 million for the quarter and record sales of $1.037 billion for the fiscal year.

Net income of $3.5 million for the quarter and record net income of $42.9 million for the fiscal year.

Record earnings per diluted share of $2.92 for the fiscal year.

Comparable store sales increased 3.2 percent for the quarter and 1.9 percent for the fiscal year.

Cash and cash equivalents of $61.9 million with no outstanding debt as of February 1, 2020.

Repurchased 1.1 million shares of common stock at a total cost of $37.8 million under the Company’s share repurchase programs during the fiscal year and paid $5.7 million in quarterly cash dividends during the fiscal year