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Stock impact report

DSW Stock Jumps 20% On Earnings Beat, Strong Guidance [Investor's Business Daily]

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Related news DSW ( DSW ) earnings crushed second-quarter estimates and the shoe retailer lifted its full-year guidance early Tuesday, while Shoe Carnival ( SCVL ) reports after the close. X Estimates: Wall Street saw earnings per share jumping 24% to 47 cents, according to Zacks Investment Research. Q2 revenue had been expected to rise 2% to $694 million. Consensus Metrix expected comps to grow 2%. Results : EPS of 63 cents on revenue of $795.3 million. Same-store sales soared 9.7%. After a review of its Canadian businesses, DSW will close its smallest segment there, Town Shoes. Outlook : Full-year EPS is now seen at $1.60-$1.75, with the midpoint above consensus of $1.63 and up from a prior view of $1.52-$1.67. Full-year revenue is now seen growing 6%-9%, up from a prior view of a 1%-3% decline. "We are thrilled to report record sales and earnings results this quarter as our merchandise strategy and marketing investment fueled strong customer engagement, traffic and Show less Read more
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