Shoe Carnival Inc (SCVL)
Operating profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 93,505 | 146,444 | 207,654 | 21,865 | 54,209 |
| Revenue | US$ in thousands | 1,175,880 | 1,262,240 | 1,330,390 | 976,765 | 1,036,550 |
| Operating profit margin | 7.95% | 11.60% | 15.61% | 2.24% | 5.23% |
February 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $93,505K ÷ $1,175,880K
= 7.95%
Shoe Carnival Inc's operating profit margin has fluctuated over the past five years. In the most recent fiscal year ending Feb 3, 2024, the operating profit margin decreased to 7.95% from 11.60% in the previous year. This decline indicates that the company's operating expenses relative to its total revenue increased, leading to lower profitability at the operating level. Comparing to two years ago, in Jan 29, 2022, the operating profit margin was significantly higher at 15.61%, showcasing better cost control and efficiency in operations. The operating profit margin in Jan 30, 2021, was relatively low at 2.24%, indicating challenges in generating profits from operations. In Feb 1, 2020, the operating profit margin improved to 5.23%, reflecting some progress from the previous year. Overall, it is essential for Shoe Carnival Inc to focus on managing operating costs effectively to enhance its profitability in the future.
Peer comparison
Feb 3, 2024