Shoe Carnival (SCVL) Tops Q1 EPS by 12c, Offers FY Guidance

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Shoe Carnival (SCVL) PT Raised to $32 at Susquehanna Following 1Q

May 25, 2018 6:48 AM EDT

Susquehanna raised its price target on Shoe Carnival (NASDAQ: SCVL) to $32.00 (from $28.00) while maintaining a Positive rating following the company's 1Q. SCVL reported a 1Q18 earnings beat driven primarily by better than expected gross margin. SSS of 1.3% came in below the Street's ~3% estimate, as... More