Shoe Carnival Reports Second Quarter Fiscal 2019 Results

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Shoe Carnival (SCVL) Tops Q2 EPS by 2c, Revenues Miss; Raises FY19 EPS Guidance Range Above Consensus, Maintains FY19 Revenue Guidance Below Consensus

August 28, 2019 4:17 PM EDT

Shoe Carnival (NASDAQ: SCVL) reported Q2 EPS of $0.80, $0.02 better than the analyst estimate of $0.78. Revenue for the quarter came in at $268.2 million versus the consensus estimate of $269.96 million.

Second Quarter Highlights

Comparable store sales increased 1.4 percentEarnings per diluted share increased 5.3 percent to $0.80Cash and cash equivalents were $37.5 million with no outstanding debt as of August 3, 2019

Cliff Sifford, Shoe Carnivals President and Chief... More