Shoe Carnival Q4 Earnings: Sales Miss & EPS Beat, New Shoe Station Strategy, Gloomy Outlook And More

Shoe Carnival shares fell in premarket trading following fourth-quarter earnings report. The company posted a 6.15% YoY sales decline to $262.94 million, missing analysts' estimates. Comparable store sales fell 6.3%, while gross profit dropped 8.1%. Despite this, adjusted EPS of $0.54 beat the consensus estimate.