EVANSVILLE, Ind.–(BUSINESS WIRE)–Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”) announced today that it has acquired Rogan Shoes, Incorporated (“Rogan’s”), a 53-year-old work and family footwear company with 28 store locations in Wisconsin, Minnesota, and Illinois, for a purchase price of $45 million, subject to further adjustments, and funded entirely with cash on hand. The acquisition is expected to be immediately accretive to the Company’s fiscal 2024 earnings and generate approximatel
Business Wire Merger/Acquisition News