4 days ago
Shoe Carnival, Inc. (NASDAQ:SCVL) on Wednesday announced a leadership transition and released preliminary financial results for fiscal 2025.
The company appointed Cliff Sifford as the Interim President and CEO, effective February 24, 2026. He succeeds Mark Worden, who departed his role as President and CEO and resigned from the Board on the same date.
The company said it has initiated a search for a permanent successor.
Fiscal 2025 Preliminary Results
For the fiscal year ended January 31, 2026, net sales totaled $1.135 billion versus $1.137 billion estimate. Diluted earnings per share are expected to be $1.90, versus the consensus of $1.95.
The company ended fiscal 2025 with more than $130 million in cash, cash equivalents, and marketable securities. It marked the 21st consecutive year of closing the fiscal ...
