Shoe Carnival (SCVL) reported earnings Mon 30 Nov 2015 (a/h)

** charts before earnings **

** charts after earnings **

 Shoe Carnival misses by $0.01, beats on revs; guides FY16 EPS below consensus, revs in-line :

• Reports Q3 (Oct) earnings of $0.47 per share, excluding non-recurring items, $0.01 worse than the Capital IQ Consensus of $0.48; revenues rose 5.9% year/year to $269.7 mln vs the $264.25 mln Capital IQ Consensus.
  • Comparable store sales increased 6.0 percent in the third quarter of fiscal 2015.
  • The gross profit margin for the third quarter of fiscal 2015 was 30.1 percent, which was unchanged compared to the third quarter of fiscal 2014. The merchandise margin decreased 0.7 percent. Buying, distribution and occupancy expenses decreased 0.7 percent as a percentage of sales.
• Co issues guidance for FY16, sees EPS of $1.38-1.43 vs. $1.44 Capital IQ Consensus Estimate; sees FY16 revs of $980-987 mln vs. $981.82 mln Capital IQ Consensus Estimate.