SCVL credited government stimulus checks for driving better than expected results in the first half, which led it to raise full-year 2021 revenue guidance to over $1.15 billion, more than $100 million more than its pre-pandemic 2019 sales. In a fireside chat at the Jeffries Consumer Conference, management noted that the child tax credit will continue to put money in its customers’ hands through the fall. Schools in all of markets will be returning to normal this fall, leading to expectations of a solid Back-to-School season. SCVL said it now expects net income of more than $6.00 per share ($85 ... Log in to view full article.