Shoe Carnival Inc (SCVL)
Gross profit margin
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 428,794 | 421,390 | 421,390 | 468,164 | 468,164 |
| Revenue | US$ in thousands | 1,202,880 | 1,175,880 | 1,175,880 | 1,262,240 | 1,262,240 |
| Gross profit margin | 35.65% | 35.84% | 35.84% | 37.09% | 37.09% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $428,794K ÷ $1,202,880K
= 35.65%
Based on the data provided, Shoe Carnival Inc's gross profit margin has displayed some fluctuations in recent years. The gross profit margin for the fiscal years ending January 28, 2023, and January 31, 2023, remained constant at 37.09%. However, there was a slight decline in the gross profit margin to 35.84% for the fiscal years ending January 31, 2024, and February 3, 2024. This downward trend continued into the fiscal year ending January 31, 2025, with the gross profit margin decreasing further to 35.65%.
These changes in the gross profit margin can indicate shifts in the company's pricing strategy, cost management, or changes in sales mix. It is important for the company to assess the reasons behind these fluctuations and take necessary actions to maintain a healthy gross profit margin, as it is a key indicator of a company's operational efficiency and profitability.
Peer comparison
Jan 31, 2025