Investor Alert

Feb. 5, 2021, 8:18 a.m. EST

Shoe Carnival preliminary results show better-than-expected sales

Shoe Carnival Inc. (NAS:SCVL) said Friday that preliminary fourth-quarter sales totaled $253.9 million, ahead of the FactSet consensus for $242.8 million and up from $239.9 million the year prior. Comparable sales increased 6.4%. Shoe Carnival is scheduled to report fourth-quarter earnings on March 30. Shares have rallied 40.3% over the last three months, and are up 27.8% over the past year. The benchmark S&P 500 index (S&P:SPX) is up 16.1% for the last 12 months.

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