Shoe Carnival Inc (SCVL)
Pretax margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 96,140 | 147,122 | 207,200 | 21,550 | 54,748 |
| Revenue | US$ in thousands | 1,175,880 | 1,262,240 | 1,330,390 | 976,765 | 1,036,550 |
| Pretax margin | 8.18% | 11.66% | 15.57% | 2.21% | 5.28% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $96,140K ÷ $1,175,880K
= 8.18%
The pretax margin of Shoe Carnival Inc has exhibited fluctuations over the past five years. In the most recent fiscal year ending on February 3, 2024, the pretax margin stood at 8.18%, representing a decrease from the previous year's margin of 11.66%. This decline may indicate challenges in cost management or revenue generation during the period.
Comparing the current pretax margin to the margins of previous years, we observe a downward trend from the peak of 15.57% in January 29, 2022, to the recent low of 2.21% in January 30, 2021. While the company's pretax margin experienced significant volatility over this time frame, it is essential to delve deeper into the company's financial and operational performance to understand the factors driving these fluctuations.
A declining pretax margin could suggest that Shoe Carnival Inc may be facing increased expenses relative to its pre-tax earnings or encountering difficulties in generating sufficient revenue to cover costs. Conversely, an improving pretax margin indicates that the company may be effectively managing costs or experiencing growth in profitability.
Further analysis, including a review of the company's revenue, expenses, and overall financial health, would be necessary to provide a more comprehensive understanding of the factors influencing Shoe Carnival Inc's pretax margin dynamics and to assess the company's overall financial performance.
Peer comparison
Feb 3, 2024