Shoe Carnival (NASDAQ: SCVL ) reported 2Q25 results , with sales down, similar to 1Q25 numbers . Gross margins improved significantly, but were not enough to counteract the SG&A deleverage. Profits were lower than last year, and are expectedLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of com ...