>
Switch to:

Shoe Carnival Gross Margin %

: 40.43% (As of Oct. 2021)
View and export this data going back to 1993. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Shoe Carnival's Gross Profit for the three months ended in Oct. 2021 was $144 Mil. Shoe Carnival's Revenue for the three months ended in Oct. 2021 was $356 Mil. Therefore, Shoe Carnival's Gross Margin % for the quarter that ended in Oct. 2021 was 40.43%.


The historical rank and industry rank for Shoe Carnival's Gross Margin % or its related term are showing as below:

NAS:SCVL' s Gross Margin % Range Over the Past 10 Years
Min: 28.66   Med: 29.4   Max: 38.41
Current: 38.41

28.66
38.41

During the past 13 years, the highest Gross Margin % of Shoe Carnival was 38.41%. The lowest was 28.66%. And the median was 29.40%.

NAS:SCVL's Gross Margin % is ranked higher than
53% of the 1058 Companies
in the Retail - Cyclical industry.

( Industry Median: 37.22 vs. NAS:SCVL: 38.41 )

Shoe Carnival had a gross margin of 40.43% for the quarter that ended in Oct. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shoe Carnival was 0.00% per year.


Shoe Carnival Gross Margin % Historical Data

The historical data trend for Shoe Carnival's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shoe Carnival Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.89 29.07 30.01 30.09 28.66

Shoe Carnival Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.96 30.78 39.63 40.86 40.43

Competitive Comparison

For the Apparel Retail subindustry, Shoe Carnival's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Shoe Carnival Gross Margin % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Shoe Carnival's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shoe Carnival's Gross Margin % falls into.



Shoe Carnival Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Shoe Carnival's Gross Margin for the fiscal year that ended in Jan. 2021 is calculated as

Gross Margin % (A: Jan. 2021 )=Gross Profit (A: Jan. 2021 ) / Revenue (A: Jan. 2021 )
=280 / 976.765
=(Revenue - Cost of Goods Sold) / Revenue
=(976.765 - 696.783) / 976.765
=28.66 %

Shoe Carnival's Gross Margin for the quarter that ended in Oct. 2021 is calculated as


Gross Margin % (Q: Oct. 2021 )=Gross Profit (Q: Oct. 2021 ) / Revenue (Q: Oct. 2021 )
=144.1 / 356.336
=(Revenue - Cost of Goods Sold) / Revenue
=(356.336 - 212.28) / 356.336
=40.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Shoe Carnival  (NAS:SCVL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Shoe Carnival had a gross margin of 40.43% for the quarter that ended in Oct. 2021 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Shoe Carnival Gross Margin % Related Terms

Thank you for viewing the detailed overview of Shoe Carnival's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shoe Carnival Business Description

Shoe Carnival logo
Industry
Consumer Cyclical » Retail - Cyclical NAICS : 448210 SIC : 5661
Traded in Other Exchanges
Address
7500 East Columbia Street, Evansville, IN, USA, 47715
Shoe Carnival Inc is a footwear retailer with hundreds of stores in the United States. It offers moderately priced, name-brand dress, casual, and athletic footwear for men, women, and children. Its average store has more than 27,000 pairs of shoes. The company promotes a shopping experience that includes contests, games, and a person on a stage with a microphone to announce limited-time specials. To enable its value-pricing strategy, Shoe Carnival minimizes staffing needs by housing all merchandise on the selling floor and leases store locations in open-air shopping centers. The company buys its merchandise from hundreds of vendors, with Nike and Skechers accounting for a substantial portion of total company sales. All merchandise goes through the company's distribution center in Indiana.
Executives
Sifford Clifton E director, officer: VICE CHAIRMAN & CEO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SIFFORD CLIFTON E a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Baker Timothy T officer: EXEC. VP - CHIEF RETAIL PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: BAKER TIMOTHY T a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Tomm Charles B. director 201 N. FRANKLIN STREET SUITE 2800 TAMPA FL 33602
Scibetta Carl N. officer: EVP - CHIEF MERCHANDISE OFF. 7500 EAST COLUMBIA STREET EVANSVILLE IN 47715
Kleeberger Kent A director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KLEEBERGER KENT A a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Aschleman James A director 300 N MERIDIAN ST STE 2700 INDIANAPOLIS IN 46204
Wood Joseph W director 4896 DEER RIDGE DRIVE SOUTH CARMEL IN 46033
Guthrie Andrea R. director 7500 EAST COLUMBIA STREET EVANSVILLE IN 47715
Jackson W Kerry officer: SENIOR EVP - CFO & CAO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: JACKSON W KERRY a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Worden Mark J. officer: PRESIDENT & CHIEF CUSTOMER OFF 7500 E. COLUMBIA STREET EVANSVILLE IN 47715
Weaver Wayne J director, 10 percent owner, officer: CHAIRMAN OF THE BOARD TWO STAMFORD PLAZA 281 TRESSER BLVD P O BOX 1214 STAMFORD CT 06904-1214
Weaver Delores B 10 percent owner TWO STAMFORD PLAZA 281 TRESSER BLVD P O BOX 1214 STAMFORD CT 06904-1214
Gerstel Jeffrey C director 933 MACARTHUR BOULEVARD MAHWAH NJ 07430
Yearwood Kathy A officer: SVP CONTROLLER/PAO 7500 EAST COLUMBIA STREET EVANSVILLE IN 47715
Schoor Gerald W director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SCHOOR GERALD W a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

Shoe Carnival Headlines

Other Sources

Bear of the Day: Express (EXPR)

By Zacks 2020-07-15

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)