Shoe Carnival (SCVL) reported earnings on Thur 17 March 2016 (a/h)

** charts before earnings **

 

** charts after earnings **

Shoe Carnival beats by $0.07, reports revs in-line, comps +1.8%; guides FY17 EPS in-line, revs below consensus  :

Reports Q4 (Jan) earnings of $0.21 per share, $0.07 better than the Capital IQ Consensus of $0.14; revenues rose 2.7% year/year to $233.67 mln vs the $232.95 mln Capital IQ Consensus. Comparable store sales increased 1.8 percent in the fourth quarter of fiscal 2015 on top of a 9.5 percent increase in the fourth quarter of fiscal 2014

• Co issues guidance for FY17, sees EPS of $1.58-1.65 vs. $1.60 Capital IQ Consensus Estimate; sees FY17 revs of $1.007-1.027 bln vs. $1.03 bln Capital IQ Consensus Estimate; expects comparable store sales increase in the range of 1.0 to 3.0 percent
• The Company opened two stores and closed one store during the fourth quarter of fiscal 2015 compared to opening one store and closing five stores in the fourth quarter of fiscal 2014.  The Company ended the fiscal year at 405 stores