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DJ Shoe Carnival Sees 4Q Sales of $253.9 Million

· 02/05/2021 08:31

By Michael Dabaie

Shoe Carnival Inc. said Friday it expects fourth quarter sales of about $253.9 million, compared to $239.9 million the same period last year. The FactSet consensus of two estimates is for $242.8 million.

The footwear retailer said it sees comparable store sales up about 6.4% for the period, compared to a 3.2% increase last year.

Shoe Carnival said it expects a fourth-quarter profit of 50 to 52 cents a share, compared to last year's 24 cents a share. One FactSet estimate is for 31 cents.

The company plans to release results March 24 after the market close.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

February 05, 2021 08:31 ET (13:31 GMT)

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