Shoe Carnival, Inc. Raises Earnings Guidance for the Fiscal Year 2019
May 22, 2019 at 09:05 pm
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Shoe Carnival, Inc. raised earnings guidance for the fiscal year 2019. For the year, the company expects net sales in the range of $1.035 billion to $1.043 billion, with comparable store sales up low single digits. Expects earnings per diluted share in the range of $2.73 to $2.83 compared to its previous range of $2.60 to $2.70. Fiscal 2018 earnings per diluted share were $2.45.
Shoe Carnival, Inc. is a family footwear retailer. It offers an assortment of dress, casual and athletic footwear for men, women and children with emphasis on national name brands. Its omnichannel bricks provide customers easy access to its range assortment of branded footwear for athletics, daily activities and special events via their choice of delivery channel. Its typical physical store carries shoes in two general categories: athletics and non-athletics with subcategories for men's, women's and children's, and a range of accessories. Its trademarks and service marks: Shoe Carnival and associated trade dress and related logos, Y-NOT?, UNR8ED, Solanz, Shoe Perks, SC Work Wear, A Surprise In Store, Shoes 2U, Laces for Learning, Princess Laceyâs Laces, Shoe Station, Shoe Station Super Store and Shoe Station Select. It operates 429 stores in 36 states and Puerto Rico under its Shoe Carnival and Shoe Station banners and offers shopping at www.shoecarnival.com and www.shoestation.com.