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This indicates that there are sufficient shares available to cover the short positions, and the market is not overly concerned about the potential for a short squeeze. The companyβs stock price has been steadily increasing over the past few months, with a 10% increase in the past quarter alone. This upward trend is largely attributed to the companyβs strong sales performance, driven by its e-commerce platform and a growing customer base.
Market Sentiment and Analyst Estimates
The company has a beta of 1.23, indicating a relatively high level of volatility.
78
85
23, indicating high volatility
Financials
Shoe Carnival’s financials have been impacted by the COVID-19 pandemic, with sales declining by 12.1% in 2020 compared to the previous year.
The dividend payout ratio is 25% of the companyβs net income.
Financial Performance
Shoe Carnival, Inc. recently announced its quarterly financial results, showcasing a strong performance in the footwear industry. The company reported a net income of $1.3 million, a 25% increase from the same period last year.
The company’s stores are located in shopping malls and strip centers across the country.
The Store Experience
Shoe Carnival, Inc.
Further details on this topic will be provided shortly.
