Shoe Carnival's Wild Ride: Profit Soars, Sales Dip

Shoe Carnival stock leaps 14% after Q2 earnings beat expectations, despite sales slump! Find out why investors are celebrating improved profit margins even as the company lowers its full-year sales forecast. Is this a turning point for the volatile stock, or just a temporary bounce? Get the details on the surprising shift in Wall Street's outlook. Hosted on Acast. See acast.com/privacy for more information.