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Stock impact report

Shoe Carnival Raises Fiscal Year 2018 Guidance; Introduces Fiscal Year 2019 Outlook

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Business Wire
EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (NASDAQ: SCVL), a leading retailer of moderately priced footwear and accessories, today updated its sales and earnings guidance for the fiscal year ending February 2, 2019. The Company also introduced an outlook for fiscal year 2019. The Company now expects fiscal 2018 net sales to be approximately $1.028 billion and expects comparable store sales to increase approximately 4 percent. Earnings per diluted share for fiscal 2018 are expected to be in the range of $2.41 to $2.43. In fiscal 2017, net sales were $1.019 billion, comparable store sales increased 0.3 percent and the Company earned $1.15 per diluted share. Adjusted earnings per diluted share for fiscal 2017 were $1.49. Cliff Sifford, Shoe Carnival’s President and Chief Executive Officer, commented, “Our solid finish to the fiscal year has been driven by broad-based sales increases, wi Show less Read more
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