Shoe Carnival Inc (SCVL)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 96,140 | 104,103 | 119,314 | 133,152 | 147,122 | 145,894 | 164,298 | 185,033 | 207,200 | 189,845 | 147,579 | 102,266 | 21,550 | 15,993 | 14,226 | 15,617 | 54,748 | 51,672 | 49,645 | 48,982 |
| 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 |
| Pretax margin | 8.18% | 8.77% | 9.88% | 10.86% | 11.66% | 11.36% | 12.64% | 14.02% | 15.57% | 14.94% | 12.41% | 8.83% | 2.21% | 1.66% | 1.48% | 1.68% | 5.28% | 5.01% | 4.84% | 4.77% |
February 3, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $96,140K ÷ $1,175,882K
= 8.18%
The pretax margin of Shoe Carnival Inc has displayed some fluctuations over the past few quarters. The trend shows that the pretax margin reached its peak in January 2022 at 15.57% before experiencing a slight decline in subsequent quarters. However, there was a significant drop in the pretax margin in May 2021 and remained low until January 2022. This drop could indicate challenges or inefficiencies impacting the company's profitability during that period.
Despite the fluctuations, Shoe Carnival Inc has generally maintained a pretax margin above 8% in most quarters. This suggests that the company has been able to effectively manage its operating expenses relative to its revenue. The pretax margin is crucial as it reflects how efficiently the company is generating profits before accounting for taxes, providing insight into the overall profitability of the business.
It is essential for Shoe Carnival Inc to closely monitor and manage its pretax margin to ensure sustainable profitability and financial health in the long term. Analyzing the factors contributing to the fluctuations in the pretax margin can help the company make informed decisions to improve operational efficiency and maximize profitability.
Peer comparison
Feb 3, 2024