Shoe Carnival (SCVL) Lowers Q4 EPS, Sales Outlook

Shoe Carnival (Nasdaq: SCVL) cuts Q4 sales guidance from $186-$190 million to $181-$182 million, which compares to the Street estimate of $187.04 million. Adj-EPS move from 33-36 cents to 20-23 cents, vs. the analyst consensus of 34 cents. Now sees same-store sales down 3-3.5%.

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