Shoe Carnival (SCVL) Tops Q3 EPS by 33c, Revenues Miss

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Shoe Carnival Reports Third Quarter Fiscal 2020 Results

November 18, 2020 4:05 PM EST

Reports Record Quarterly Net Income, Diluted Net Income Per Share and Gross Profit

Reports Comparable Store Sales Increase of 0.9 Percent

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 third quarter and nine months ended October 31, 2020.

Third Quarter Highlights

Net sales were $274.6 million Net income and diluted net income per share were all-time records of $14.7 million and $1.03 per share, respectively Gross profit increased $3.0... More