EVANSVILLE, Ind. (AP) _ Shoe Carnival Inc. (SCVL) on Wednesday reported a fiscal first-quarter loss of $16.2 million, after reporting a profit in the same period a year earlier.
The Evansville, Indiana-based company said it had a loss of $1.16 per share.
The footwear retailer posted revenue of $147.5 million in the period.
Shoe Carnival shares have decreased 35% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $24.19, a fall of 24% in the last 12 months.