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Shoe Carnival Inc. Message Board

  • scdevildog scdevildog Nov 17, 2011 5:44 PM Flag

    ok quarter, building cash, now what

    one decent question on the call and that was with $5 per share in cash why is the company not buying back stock. what should have been asked is why should i buy stock, when scvl is trading at a 20% discount to peers if the company is not willing and if the outlook for fy12 is promising based on compares, door growth, etc. then todays valuation seems compelling unless they see the business getting worse than what was indicated.

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