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Shoe Carnival Q4 sales drop but outlook remains positive

Footwear group Shoe Carnival has revealed its fourth quarter operating results, a period in which it experienced a 3.6 percent drop in net sales to 280.2 million dollars, yet a performance that was at the higher end of its expectations. Comparable store sales for the company also fell in line with forecasts, declining 9.4 percent due to “soft...

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