Shoe Carnival (SCVL) Tops Q4 EPS by 39c, Offers Guidance
Shoe Carnival (NASDAQ: SCVL) reported Q4 EPS of $0.83, $0.39 better than the analyst estimate of $0.44. Revenue for the quarter came in at $313.4 million versus the consensus estimate of $280.42 million.
GUIDANCE:
Shoe Carnival sees FY2022 EPS of $3.80-$4.10, versus the consensus of $3.85.
- Net sales are expected to increase 4 to 7 percent compared to the prior year, on top of the 36.2 percent increase achieved during fiscal 2021.
- Operating income is expected to be in the range of $142 million to $154 million, compared to the pre-pandemic record of $54.2 million in fiscal 2019.
- EPS is expected to be in the range of $3.80 to $4.10, compared to $1.46 in fiscal 2019.
- Return on equity is expected to be between 24 percent and 26 percent for shareholders.
- We aim to add 10 plus stores in fiscal 2022 with accelerated growth to 20 plus additions beginning in fiscal 2023.
For earnings history and earnings-related data on Shoe Carnival (SCVL) click here.
