Shoe Carnival Ekes Out Earnings Gain While Sales Fall
Revenues fell by 3.7 percent to $152.8 million for Shoe Carnival’s second quarter ended Aug. 1, and comparable store sales dropped by 6.4 percent. Still, the American retail company managed to increase its operating earnings by 0.5 percent to $982,000, and the gross profit margin was up by 0.2 percentage ...
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