Shoe Carnival (SCVL) Misses Q3 EPS by 2c, Offers Outlook

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Shoe Carnival Reports Third Quarter Fiscal 2016 Financial Results

November 28, 2016 4:05 PM EST

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (Nasdaq: SCVL), a leading retailer of moderately priced footwear and accessories, today reported results for the third quarter ended October 29, 2016.

Third Quarter Highlights

Net sales increased $4.8 million to $274.5 million, compared to $269.7 million in the third quarter of fiscal 2015 Earnings per diluted share for the third quarter were $0.54, compared to earnings per diluted share of $0.47 for the third quarter of fiscal 2015 Repurchased 376,000 shares of common stock at a total cost of $10.2 million under... More