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Shoe Carnival Posts Third-Quarter Profit

Shoe Carnival Inc. on Monday reported fiscal third-quarter net income of $9.7 million.
Source: Shoe Carnival
By
  • Associated Press

EVANSVILLE, United Kingdom — Shoe Carnival Inc. on Monday reported fiscal third-quarter net income of $9.7 million.

On a per-share basis, the Evansville, Indiana-based company said it had profit of 54 cents.

The footwear retailer posted revenue of $274.5 million in the period.

Shoe Carnival expects full-year earnings to be $1.46 to $1.51 per share, with revenue in the range of $1 billion to $1.01 billion.

Shoe Carnival shares have increased 30 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $30.13, an increase of 50 percent in the last 12 months.

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