Shoe Carnival (SCVL) Reports In-Line Q1 EPS, Comps Increase 3%, Offers FY Guidance

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Go back to Shoe Carnival (SCVL) Reports In-Line Q1 EPS, Comps Increase 3%, Offers FY Guidance

Sterne Agee CRT Maintains Buy Following Shoe Carnival's (SCVL) 1Q Results

May 21, 2015 8:14 AM EDT

Sterne Agee CRT maintains a Buy rating and $32 price target on Shoe Carnival (NASDAQ: SCVL) following an in line 1Q. SCVL reported EPS of $0.52 versus estimates of $0.53. Reported revenue was $253M compared to estimates of $256M.

Analyst Sam Poser commented on SCVL, saying, "After recovering from a weak start, with SSS down 5% in February, to post a 3% increase in SSS for 1Q15 is commendable. All categories and genders posted SSS increases in... More