Boots Drag Down Shoe Carnival Comps, Sales in Q4
An unseasonably warm Nov. and Dec. in the U.S. negatively impacted the 328-door chain’s same store sales and revenues during the first two months of the fourth quarter. Boot comps fell 15% versus a 20% increase in the year ago period, forcing SCVL to drop its fourth quarter overall comp and revenue expectations. Q4 comparable store sales are now forecast to decline 3.0-3.5% versus a 4.6% ... Log in to view full article.
