Shoe Carnival revised earnings guidance for the fiscal year ending February 2, 2019. The company now expects fiscal 2018 net sales to be approximately $1.028 billion and expects comparable store sales to increase approximately 4%. Earnings per diluted share for fiscal 2018 are expected to be in the range of $2.41 to $2.43. In fiscal 2017, net sales were $1.019 billion, comparable store sales increased 0.3% and the company earned $1.15 per diluted share. Adjusted earnings per diluted share for fiscal 2017 were $1.49.

For the fiscal year ending February 1, 2020, Shoe Carnival expects net sales in the range of $1.035 billion to $1.043 billion with a low single-digit comparable store sales increase. Earnings per diluted share are expected to be in the range of $2.60 to $2.70 for fiscal 2019.