Shoe Carnival (SCVL) Misses Q3 EPS by 2c, Offers Outlook

Shoe Carnival (NASDAQ: SCVL) reported Q3 EPS of $0.54, $0.02 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $274.5 million versus the consensus estimate of $278.33 million.

Comps declined 0.4%.

GUIDANCE:

Shoe Carnival sees FY2016 EPS of $1.46-$1.51, versus the consensus of $1.60. Shoe Carnival sees FY2016 revenue of $1.00-1.01 billion, versus the consensus of $1.01 billion.

• comparable store sales increase ranging from approximately 0.5 percent to 0.9 percent.

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

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