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More on Shoe Carnival (SCVL): Q3 beats on both a per share and revenue basis as total revenue...

  • Monday, November 19, 2012, 7:11 PM ET
    More on Shoe Carnival (SCVL): Q3 beats on both a per share and revenue basis as total revenue climbed by 13% Y/Y. Net earnings also rose 17% on improved sales growth and stronger margins. The stock is lower after hours however, as the company cuts guidance below expectations. For the current quarter, it now forecasts per-share earnings of $0.19 to $0.23 on net sales of $215M to $220M. Analysts expected $0.27 per share on $212M, respectively. Shares -6.6% AH.
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