Shoe Carnival (SCVL) Misses Q1 EPS by 1c, Offers FY Guidance

Shoe Carnival (NASDAQ: SCVL) reported Q1 EPS of $0.56, $0.01 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $260.5 million versus the consensus estimate of $263.46 million.

• Comparable store sales increased 2.7 percent in the first quarter of fiscal 2016, the seventh consecutive quarterly increase

GUIDANCE:

Shoe Carnival sees FY2016 EPS of $1.58-$1.65, versus the consensus of $1.64. Shoe Carnival sees FY2016 revenue of $1.01-1.03 billion, versus the consensus of $1.03 billion.

For earnings history and earnings-related data on Shoe Carnival (SCVL) click here.

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