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Article Date: March 2022
Word Count: 487

Shoe Carnival Hits Record Revenues in 2021

Net income posted a 177% gain to $23,828,000 over $7,443,000 on net sales that improved 23% to $313,371,000 from $253,897,000, including a +17.7% blended comp, with stores comping up 22.1% and e-commerce coming in flat. Store traffic improved 18%. All categories comped up double digits over the prior year. Kids’ posted low-20s increase, with both athletic and non-athletic over 20%. Men’s non-athletic was up in the high-20s, while women’s non-athletic increased in the low 20s. Adult athletic improved low-double digits, while non-athletic sales grew over 20% in the quarter and product mix has turned to a 50-50 split on athletic/non-athletic. ... Log in to view full article.


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