Shoe Carnival Inc (SCVL)
Gross profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 421,390 | 433,005 | 446,153 | 453,818 | 468,164 | 473,663 | 486,870 | 509,492 | 526,787 | 488,118 | 431,823 | 378,676 | 279,982 | 271,730 | 268,703 | 268,193 | 311,869 | 308,635 | 305,119 | 306,805 |
| Revenue (ttm) | US$ in thousands | 1,175,882 | 1,186,492 | 1,208,239 | 1,225,892 | 1,262,235 | 1,284,827 | 1,299,502 | 1,319,464 | 1,330,394 | 1,270,920 | 1,189,163 | 1,157,727 | 976,765 | 962,743 | 962,809 | 930,236 | 1,036,551 | 1,031,334 | 1,025,870 | 1,026,015 |
| Gross profit margin | 35.84% | 36.49% | 36.93% | 37.02% | 37.09% | 36.87% | 37.47% | 38.61% | 39.60% | 38.41% | 36.31% | 32.71% | 28.66% | 28.22% | 27.91% | 28.83% | 30.09% | 29.93% | 29.74% | 29.90% |
February 3, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $421,390K ÷ $1,175,882K
= 35.84%
The gross profit margin of Shoe Carnival Inc has shown fluctuations over the past few quarters. The trend indicates a slight decline in the gross profit margin from the beginning of 2020 to mid-2021, with a low point of 27.91% in July 30, 2022. However, since then, there has been a gradual improvement in the gross profit margin, reaching its peak at 39.60% on Jan 29, 2022. This upward trend suggests that the company has been more efficient in controlling the costs of goods sold relative to its revenue.
Overall, the recent gross profit margins ranging from 35.84% to 39.60% show that Shoe Carnival Inc has been able to maintain healthy profitability at the gross level. It indicates that the company is effectively managing its production and distribution costs, resulting in a consistent level of gross profit relative to its sales revenue. Further analysis and comparison with industry peers may provide deeper insights into the company's competitive position and operational effectiveness.
Peer comparison
Feb 3, 2024