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Stockreport

Shoe Carnival Reports Second Quarter Financial Results

SHOE CARNIVAL (SCVL)  More Company Research Source: Business Wire
Last shoe carnival earnings: 5/24 04:05 pm Check Earnings Report
PDF EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (Nasdaq: SCVL) a leading retailer of moderately priced footwear and accessories, today reported results for the second quarter and six months ended July 29, 2017. Second Quarter Highlights Net sales increased 1.4 percent to $235.1 million Comparable store sales increased 0.4 percent Earnings per diluted share increased 9.1 percent to $0.24 Repurchased 469,000 shares of common stock at a total cost of $10.2 million under existing share repurchase program Cliff Sifford, Shoe Carnival’s President and Chief Executive Officer commented, “We are pleased with the quarterly improvement in our sales trend, particularly given this year’s later back-to-school dates in certain markets, which shifted sales from July into August. Our quarterly earnings were driven by the increase in sales a [Read more]

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