Shoe Carnival Inc at Morgan Stanley Global Consumer Conference (Virtual) Transcript

Dec 01, 2020 / 08:00PM GMT
Alexandra Ann Straton - Morgan Stanley, Research Division - Research Associate

My name is Alex Straton, I'm a Vice President on Kimberly Greenberger's team covering branded apparel and footwear, department stores and specialty retailers here at Morgan Stanley. We are very pleased to have Shoe Carnival here with us today. Shoe Carnival is a $500 million plus market cap family footwear retailer with nearly 400 U.S. stores. Its broad assortment of moderately priced dress, casual and athletic footwear for men, women and children, with an emphasis on national named brands make Shoe Carnival one of the nation's leading family footwear retailers.

In 2019, Shoe Carnival generated over $1 billion in revenue across store locations, mobile app and website, delivering its 11th consecutive year of comparable store sales growth. Today, we are joined by Shoe Carnival's Vice Chairman and Chief Executive Officer, Cliff Sifford; as well as Kerry Jackson, Shoe Carnival's Chief Financial Officer.

With respect to background, Cliff was appointed to the CEO role in 2012 before adding the Vice Chairman role in

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