EPS and Net Sales Surpass Expectations
EPS of $0.53 and net sales of $297.2 million exceeded consensus expectations. Gross profit margin expanded by 160 basis points to 37.6%.
Shoe Station's Strong Performance
Shoe Station net sales grew 5.3% with a 260 basis points margin expansion, outperforming Shoe Carnival by 10.5 percentage points.
Successful Store Rebanner Strategy
Completed 101 store rebanners during fiscal 2025, with plans for Shoe Station to represent 51% of the total store fleet by back-to-school 2026.
Strong Financial Position
The company is debt-free with over $100 million in cash and securities, funding the rebanner program from operating cash flow.
Positive Back-to-School Sales
Achieved positive comparable sales during the August back-to-school season with margin expansion.