Shoe Carnival (SCVL) Q4 comes in line with estimates, but net earnings slipped 2% as the...

|About: Shoe Carnival, Inc. (SCVL)|By:, SA News Editor

Shoe Carnival (SCVL) Q4 comes in line with estimates, but net earnings slipped 2% as the footwear retailer reported higher input costs and general expenses which offset improved sales. The company also guides its Q1 below analyst expectations, citing a slow start to its spring selling season. It now expects to earn between $0.36 to $0.44 on net sales of $226M to $232M. Analysts were looking for $0.57 on $240M, respectively. Shares -1% AH.