Shoe Carnival (SCVL) Trims FY16 EPS Guidance
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Shoe Carnival Updates Full Fiscal Year 2016 Financial Guidance
January 9, 2017 4:05 PM ESTEVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (NASDAQ: SCVL), a leading retailer of moderately priced footwear and accessories, today announced updated sales and earnings guidance for its fiscal 2016 ending January 28, 2017.
The Company expects fiscal 2016 net sales to be in the range of $1.000 billion to $1.003 billion and expects comparable store sales to increase slightly for the full fiscal year. Earnings per diluted share in fiscal 2016 are expected to be in the range of $1.36 to $1.38. In fiscal 2015, net sales were $984.0 million, comparable store sales increased 3.0 percent and the Company earned $1.45 per diluted share. This... More
