Shoe Carnival (SCVL) Misses Q1 EPS by 69c

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Shoe Carnival Reports First Quarter Fiscal 2020 Results

May 20, 2020 4:05 PM EDT

Provides Business Update on COVID-19

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (Nasdaq: SCVL) (the Company), a leading retailer of moderately priced footwear and accessories, today reported results for the first quarter ended May 2, 2020 and provided a business update on COVID-19.

First Quarter Highlights

Net sales were $147.5 million for the quarter Net loss was $16.2 million, or a loss of $1.16 per diluted share, for the quarter All stores closed effective March 19, 2020 as a result of the COVID-19 pandemic; between late- April and May 5, 2020,... More