Shoe Carnival Inc
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SCVL Shoe Carnival Inc
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Consumer Discretionary : Specialty Retail | Small Cap BlendCompany profile

Shoe Carnival, Inc. is a family footwear retailer. The Company's primary activity is the sale of footwear and related products through its retail stores in approximately 30 states within the continental United States and in Puerto Rico. It also offers online shopping on its e-commerce site at www.shoecarnival.com. Its products assortment includes dress and casual shoes, sandals, boots and an assortment of athletic for the entire family in four general categories-women's, men's, children's and athletics. In addition to footwear, its stores carry selected accessory items, such as socks, belts, shoe care items, handbags, sport bags, backpacks, jewelry, scarves and wallets. It classifies athletic shoes by functionality, such as running, basketball or fitness shoes. As of January 28, 2017, it operated 415 stores in 35 states and Puerto Rico and offered online shopping at www.shoecarnival.com.

Closing Price
$32.22
Day's Change
-0.79 (-2.39%)
Bid
--
Ask
--
B/A Size
--
Day's High
33.30
Day's Low
32.13
Volume
(Heavy Day)
Volume:
432,415

10-day average volume:
305,182
432,415

Shoe Carnival stock jumps more than 10% after earnings beat

4:35 pm ET March 26, 2019 (MarketWatch)
Print

Shoe Carnival Inc. (SCVL) shares rose more than 10% in the extended session Tuesday after the company's earnings slightly topped Wall Street projections. Shoe Carnival reported fiscal fourth-quarter net income of $1.4 million, or 9 cents a share, compared with losses of $3.9 million, or 24 cents a share, in the year-ago period. Adjusted for items such as stock-based compensation and tax effects, among other items, earnings were 11 cents a share. Revenue fell to $234 million from $243.2 million in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 6 cents a share on revenue of $233 million. For the full year, the company said it expects earnings of $2.60 to $2.70 a share and sales of roughly $1.04 billion. Analysts model earnings of $2.66 a share and sales of $1.04 billion. Shoe Carnival stock has gained 20% in the past year, with the S&P 500 index rising 5.3%.

-MarketWatch; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 26, 2019 16:35 ET (20:35 GMT)

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