Shoe Carnival (SCVL) Misses Q2 EPS by 5c

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Shoe Carnival Reports Second Quarter 2016 Results

August 31, 2016 4:05 PM EDT

Company Reports Comparable Store Sales Increase for Eighth Consecutive Quarter

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (Nasdaq: SCVL) a leading retailer of moderately priced footwear and accessories, today reported results for the second quarter ended July 30, 2016.

Second Quarter Highlights

Net sales increased $4.1 million to $231.9 million compared to $227.8 million in the second quarter of fiscal 2015 Comparable store sales increased 0.5 percent in the second quarter of 2016 Per-store inventories were down 2.5 percent at the end of the quarter compared to... More