Shoe Carnival (SCVL) Tops Q4 EPS by 2c, Comps Fall 0.5%

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Go back to Shoe Carnival (SCVL) Tops Q4 EPS by 2c, Comps Fall 0.5%

Shoe Carnival Reports Fourth Quarter and Fiscal Year 2017 Financial Results and Declares Quarterly Cash Dividend

March 27, 2018 4:05 PM EDT

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (Nasdaq: SCVL) a leading retailer of moderately priced footwear and accessories, today reported results for the fourth quarter and fiscal year ended February 3, 2018. The fourth quarter of fiscal 2017 included 14 weeks compared to 13 weeks in the fourth quarter of fiscal 2016 and fiscal year 2017 included 53 weeks compared to 52 weeks in fiscal year 2016.

Fourth Quarter Highlights

Net sales increased $9.0 million, or 3.9 percent, to $243.2 million Comparable store sales decreased 0.5 percent Gross profit margin was 28.9 percent, which included... More