Shoe Carnival Reaffirms Fiscal 2015 Outlook - Quick Facts

(RTTNews) - Footwear and accessories retailer Shoe Carnival, Inc. (SCVL) reiterated its sales and earnings outlook for fiscal 2015. In addition, the company said that comparable store sales increased 2.9 percent for the first two months of the fourth quarter.

For fiscal 2015, Shoe Carnival reaffirmed its outlook for net sales in a range of $980 million to $987 million, with comparable store sales increase of about 3 percent. The company projects earnings per share of $1.38 to $1.43 for the year, representing an increase of 9 percent to 13 percent over fiscal 2014 earnings per share of $1.27.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.40 per share for the year on revenues of $983.36 million. Analysts' estimates typically exclude special items.