Shoe Carnival Reports Fourth Quarter and Fiscal Year 2016 Financial Results

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Jefferies Remains Sidelined on Shoe Carnival (SCVL) Following 4Q

March 24, 2017 7:40 AM EDT

Jefferies reiterated a Hold rating and $26.00 price target on Shoe Carnival (NASDAQ: SCVL) following the company's 4Q earnings report. 4Q comps came in (1.2%) vs. cons. of (1.4%). SCVL guided comps flat to +LSD, revenue of $1.028-1.040BN, and EPS $1.45-1.54.

Analyst Randal Konik... More