Shoe Carnival Reports First Quarter 2016 Results

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Sterne Agee CRT Cuts Price Target on Shoe Carnival (SCVL) Following a Slight 1Q Miss

May 20, 2016 7:28 AM EDT

Sterne Agee CRT maintained a Buy rating on Shoe Carnival (NASDAQ: SCVL), and cut the price target to $27.00 (from $30.00), following the company's 1Q earnings report. SCVL reported EPS of $0.56, a slight miss to Sterne Agee's estimate of $0.57. Revenue of $260.5M also missed estimates of $364M.... More

Shoe Carnival (SCVL) Misses Q1 EPS by 1c, Offers FY Guidance

May 19, 2016 4:13 PM EDT

Shoe Carnival (NASDAQ: SCVL) reported Q1 EPS of $0.56, $0.01 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $260.5 million versus the consensus estimate of $263.46 million.

Comparable store sales increased 2.7 percent in the first quarter of fiscal 2016, the seventh consecutive quarterly... More