SHOE CARNIVAL net income increased to $7,400,000
SHOECARNIVAL net income increased to $7,400,000 from $5,921,000for the period ended April 29. Total sales grew 5% to $168,469,000 from$160,713,000 as SCVL experienced strength in dress and casual footwear. Grossmargins grew 90 basis points to 30.5%. Shoe Carnival, which expects to open13-15 doors this year and close five, confirmed its full year guidance of$1.65-1.75 ($22.7 mm). The Q2 forecast projects a comparable store salesincrease of 2-3% and EPS ... Log in to view full article.
