Shoe Carnival Reports Fourth Quarter and Fiscal Year 2015 Financial Results

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Sterne Agee CRT Raises Price target on Shoe Carnival (SCVL) Following Strong 4Q Results

March 18, 2016 8:17 AM EDT

Sterne Agee CRT reiterated a Buy rating on Shoe Carnival (NASDAQ: SCVL), and raised the price target to $30.00 (from $26.00), following the company's 4Q earnings report. SCVL reported EPS of $0.21 versus estimates of $0.15 while SSS increased 1.8% versus our estimate of +2.0%. Revenue was $234M (+2.7%) in line with... More

Shoe Carnival (SCVL) Tops Q4 EPS by 7c

March 17, 2016 4:08 PM EDT

Shoe Carnival (NASDAQ: SCVL) reported Q4 EPS of $0.21, $0.07 better than the analyst estimate of $0.14. Revenue for the quarter came in at $233.7 million versus the consensus estimate of $232.95 million.

Comparable store sales increased 1.8 percent in the fourth quarter.

"We had a strong finish... More