Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

5 Revealing Analyst Questions From Shoe Carnival’s Q2 Earnings Call

SCVL Cover Image

Shoe Carnival’s second quarter results drew a notably positive market response, despite missing Wall Street’s revenue expectations. Management attributed the earnings outperformance to decisive margin expansion, supported by disciplined pricing, a strategic inventory build, and a deliberate shift toward higher-income customers through the Shoe Station banner. CEO Mark Worden cited the company's margin-first strategy and robust performance in premium product categories as key factors, stating, “We captured success at a lower cost basis and strength at a higher margin run first.” The quarter’s profitability came as the company steered away from aggressive promotions, instead focusing on improving product mix and reducing exposure to more volatile, lower-income segments.

Is now the time to buy SCVL? Find out in our full research report (it’s free).

Shoe Carnival (SCVL) Q2 CY2025 Highlights:

  • Revenue: $306.4 million vs analyst estimates of $314.1 million (7.9% year-on-year decline, 2.5% miss)
  • EPS (GAAP): $0.70 vs analyst estimates of $0.61 (15.4% beat)
  • Adjusted EBITDA: $33.65 million vs analyst estimates of $30.1 million (11% margin, 11.8% beat)
  • The company dropped its revenue guidance for the full year to $1.14 billion at the midpoint from $1.19 billion, a 4.6% decrease
  • EPS (GAAP) guidance for the full year is $1.90 at the midpoint, beating analyst estimates by 4.8%
  • Operating Margin: 8.2%, in line with the same quarter last year
  • Locations: 428 at quarter end, down from 430 in the same quarter last year
  • Same-Store Sales fell 7.5% year on year (-2.1% in the same quarter last year)
  • Market Capitalization: $652.6 million

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Shoe Carnival’s Q2 Earnings Call

  • Mitchel Kummetz (Seaport Research Partners) asked whether the margin-first approach was a shift from prior quarters, and CEO Mark Worden explained that better-than-expected performance came from opportunistic inventory buys and accelerating Shoe Station contributions.
  • Mitchel Kummetz (Seaport Research Partners) followed up on third quarter margin expectations, and CFO Patrick Edwards detailed that Q3 gross margins should be 100-150 basis points above last year, with SG&A spend levels similar to Q2.
  • Mitchel Kummetz (Seaport Research Partners) questioned the strategic purpose of the Shoe Carnival banner, and Worden clarified the banner is being managed as a cash generator, with the company intentionally shifting focus away from lower-income consumers.
  • Mitchel Kummetz (Seaport Research Partners) inquired about the timing of the rebanner transition’s net impact, to which Worden responded that comp sales are expected to turn positive for the corporation as Shoe Station becomes the majority of stores next year.
  • Sam Poser (Williams Trading) pressed on the risks of elevated inventory levels and their effect on margins, and Chief Merchandising Officer Tanya Gordon explained that inventory was built in key high-margin categories, and management expects to work it down without margin deterioration.

Catalysts in Upcoming Quarters

In the coming quarters, the StockStory team will be monitoring (1) the pace and profitability of Shoe Station conversions relative to the declining Shoe Carnival banner, (2) the effectiveness of inventory management in maintaining margins as excess stock is sold down, and (3) the impact of tariff-related cost pressures on both pricing and demand. The ability to attract higher-income customers while executing disciplined brand and category management will be critical milestones for tracking the success of Shoe Carnival’s ongoing transformation.

Shoe Carnival currently trades at $24.31, up from $21.51 just before the earnings. Is the company at an inflection point that warrants a buy or sell? See for yourself in our full research report (it’s free).

Our Favorite Stocks Right Now

When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that’s already erased most losses.

Don’t let fear keep you from great opportunities and take a look at Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.