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Shoe Carnival: Fiscal 1Q Earnings Snapshot

EVANSVILLE, Ind. (AP) _ Shoe Carnival Inc. (SCVL) on Wednesday reported fiscal first-quarter earnings of $13.9 million.

On a per-share basis, the Evansville, Indiana-based company said it had net income of 91 cents. Earnings, adjusted for pretax gains, came to 78 cents per share.

The footwear retailer posted revenue of $253.8 million in the period.

Shoe Carnival expects full-year earnings to be $2.73 to $2.83 per share, with revenue in the range of $1.03 billion to $1.04 billion.

Shoe Carnival shares have fallen 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $30.49, an increase of 18% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCVL at https://www.zacks.com/ap/SCVL