Shoe Carnival (SCVL) Tops Q1 EPS by 12c, Offers FY Guidance

Shoe Carnival (NASDAQ: SCVL) reported Q1 EPS of $0.83, $0.12 better than the analyst estimate of $0.71. Revenue for the quarter came in at $257.4 million versus the consensus estimate of $262.02 million.

Comparable store sales increased 1.3 percent

The Company is updating its fiscal 2018 outlook as follows:

• Net sales in the range of $1.013 billion to $1.020 billion, with comparable store sales up low single digits;
• Earnings per diluted share in the range of $1.90 to $2.05. Fiscal 2017 earnings per diluted share were $1.15 and adjusted earnings per diluted share were $1.49.

(Street sees FY EPS of $1.94 on revenue of $1.02 billion)

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

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