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Jefferies Raises Price Target on Shoe Carnival (SCVL) to $29 Following Solid 2Q

Go back to Jefferies Raises Price Target on Shoe Carnival (SCVL) to $29 Following Solid 2Q

Shoe Carnival to Present at the B. Riley & Co. Consumer Conference

September 1, 2016 8:00 AM EDT

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (Nasdaq: SCVL), a leading retailer of moderately priced footwear and accessories, today announced Cliff Sifford, President and Chief Executive Officer, and Kerry Jackson, Senior Executive Vice President, Chief Operating and Financial Officer, will present at the B. Riley & Co. Consumer Conference on Tuesday,... More

Shoe Carnival Reports Second Quarter 2016 Results

August 31, 2016 4:05 PM EDT

Company Reports Comparable Store Sales Increase for Eighth Consecutive Quarter

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (Nasdaq: SCVL) a leading retailer of moderately priced footwear and accessories, today reported results for the second quarter ended July 30, 2016.

Second Quarter Highlights

Net sales increased $4.1 million to $231.9 million compared to $227.8 million in the second quarter of fiscal 2015 Comparable store sales increased 0.5 percent in the second quarter of 2016 Per-store inventories were down 2.5 percent at the end of the quarter compared to... More