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Shoe Carnival: Fiscal 2Q Earnings Snapshot

Shoe Carnival: Fiscal 2Q Earnings Snapshot

Associated Press

EVANSVILLE, Ind. (AP) _ Shoe Carnival Inc. (SCVL) on Tuesday reported fiscal second-quarter net income of $11.8 million.

The Evansville, Indiana-based company said it had net income of 76 cents per share.

The footwear retailer posted revenue of $268.4 million in the period.

Shoe Carnival expects full-year earnings to be $2.07 to $2.15 per share, with revenue expected to be $1.02 billion.

Shoe Carnival shares have increased 37 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $36.73, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCVL at https://www.zacks.com/ap/SCVL