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Operator: Good morning, and welcome to Shoe Carnival's First Quarter 2024 Earnings Conference Call. Today's conference call is being recorded and is also being broadcast via webcast.
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Shoe Carnival saw net sales decline in FY23 but it is optimistic for FY24 following its Rogan's acquisition and plans to pursue further M&A.
Shoe Carnival acquires Rogan Shoes, a family-owned footwear retailer with 28 stores in Wisconsin, Minnesota, and Illinois for $45 million. Emerald Lane Market Co-op opens in downtown Caledonia