Best Retail Companies To Watch In Right Now

Best Retail Companies To Watch In Right Now: Shoe Carnival Inc (SCVL)

Shoe Carnival, Inc. is a family footwear retailer. The Company offers customers an assortment of dress, casual and athletic footwear for men, women and children with emphasis on national and regional name brands. The Companys stores averaged approximately 10,800 square feet, ranging in size from 6,000 to 26,500 square feet. As of January 28, 2012, the Company operated 327 stores located across 32 states and offered online shopping at www.shoecarnival.com. Its average store carries approximately 28,500 pairs of shoes in four general categories, such as mens, womens, childrens and athletics. In addition to footwear, its stores carry selected accessory items complementary to the sale of footwear.

The Company operates a single 410,000 square foot distribution center located in Evansville, Indiana. Womens, mens and childrens non-athletic footwear categories are further divided into dress, casual, sport, sandals and boots. It classifies athletic shoes by functionality, such as running, basketball or fitness shoes. During the fiscal year ended January 28, 2012 (fiscal 2011), athletic styles, including childrens sizes, have represented approximately 50% of its footwear sales.

Advisors' Opinion:

• [By Sue Chang]

  Shoe Carnival (SCVL) is forecast to post earnings of 52 cents a share in the third quarter.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-retail-companies-to-watch-in-right-now.html