From Yahoo Finance: 2025-06-03 13:33:00

Shoe Carnival appoints Kerry Jackson as Senior Vice President of New Business Development, bringing 35 years of experience. Jackson will spearhead mergers and acquisitions to enhance the company’s strategic vision. Shoe Carnival also accelerates rebanner strategy, with plans to convert 28% of stores to Shoe Station by fiscal 2025 and over 80% by March 2027.

The announcement coincides with Shoe Carnival’s first quarter 2025 earnings report, showing a 7.5% decline in net sales compared to the previous year. Net income for the period was $9.3 million, down from $17.3 million in first quarter 2024. The company reaffirms its fiscal 2025 outlook, expecting net sales between $1.15 billion and $1.23 billion.

Read more: Shoe Carnival’s Former CFO Kerry Jackson Returns to Spearhead M&A Activity + More