Shoe Carnival (SCVL) Tops Q2 EPS by 10c

Shoe Carnival (NASDAQ: SCVL) reported Q2 EPS of $0.71, $0.10 better than the analyst estimate of $0.61. Revenue for the quarter came in at $300.8 million versus the consensus estimate of $310.46 million.

• Comparable store sales increased 12.6 percent

The COVID-19 pandemic is expected to continue to affect macroeconomic conditions and consumer spending in the retail sector. Considerable uncertainty exists surrounding the impact the pandemic may have on the Company’s sales and operations for the remainder of the fiscal year. As a result, the Company is not providing guidance for fiscal year 2020.

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

You May Also Be Interested In

• Citizens launches transportation coverage, names FedEx a top large-cap pick
• New survey points to continued weakness in IBM spending intentions
• Raymond James downgrades Check Point on worsening channel trends