Shoe Carnival’s profits drop 81.4%
Shoe Carnival saw net earnings fall sharply to $598,000 in the 13 weeks to Feb. 1, 2014, down sharply from $3.2 million in the final 14 weeks of its previous fiscal year. Comparable store sales decreased by 2.5 percent. The American retailer of family footwear blamed unfavorable weather, which led ...
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