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Shoe Carnival (NASDAQ:SCVL) Posts Better-Than-Expected Sales In Q2 But Stock Drops

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Shoe Carnival (NASDAQ:SCVL) Posts Better-Than-Expected Sales In Q2 But Stock Drops


Footwear retailer Shoe Carnival (NASDAQ:SCVL) in Q2 FY2023, with revenue down 5.65% year on year to $294.6 million. The company's outlook for the full year was also close to analysts' estimates with revenue guided to $1.2 billion at the midpoint. Shoe Carnival made a GAAP profit of $19.4 million,…

#shoecarnival #fy2023 #stockstoryedge #400th #markworden #eps

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