Rogan Shoes news and archive

Shoe Carnival's 'Rebanner' strategy drives growth in Q2 2025

Shoe Carnival, a leading footwear retailer, announced its second-quarter fiscal 2025 results and updated its full-year outlook. The company reported a net income of 19.2 million dollars, or 70 cents per diluted share, beating the consensus by over 20 percent. This came despite a 7.9 percent decrease in net sales, which totalled 306.4 million...

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Business

Shoe Carnival posts FY24 sales growth, cautious on FY25 forecast

Footwear retailer Shoe Carnival reported net sales of 1.203 billion dollars, up 2.3 percent for fiscal 2024 driven by continued growth from Shoe Station’s 5.7 percent net sales growth and over 80 million dollars in net sales from Rogan’s, partially offset by a 3.9 percent comparable store sales decline, driven by Shoe Carnival. Net income grew...

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Management

Shoe Carnival's Q3 comparable sales decline by 4.1 percent

Shoe Carnival’s net sales in the third quarter declined to 306.9 million dollars. The company said, without the impact of the retail calendar shift, net sales increased by 2.2 percent versus prior year. Comparable store net sales for the thirteen-week period ended November 2, 2024 declined 4.1 percent. “Our Back-to-School results were strong,...

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Business

Shoe Carnival acquires Rogan Shoes for 45 million dollars

Shoe Carnival has acquired Rogan Shoes, a 53-year-old work and family footwear company with 28 store locations in Wisconsin, Minnesota, and Illinois, for 45 million dollars. The company expects this acquisition to generate approximately 84 million dollars in sales and approximately 10 million dollars in operating income in 2024. Shoe Carnival...