Updated from 5:06 p.m. ET to include latest share prices and additional information on Diamond Foods, Sonic Corp., and Sturm, Ruger & Co.
NEW YORK ( TheStreet) -- Shares of Shoe Carnival (SCVL - Get Report) jumped in late trades on Wednesday after the footwear retailer topped Wall Street expectations for its fiscal fourth-quarter results.
The Evansville, Ind.-based company posted a profit of $3.3 million, or 24 cents a share, for the three months ended Jan. 28, down from year-ago equivalent earnings of $4.4 million, or 33 cents a share, but above the average estimate of analysts polled by Thomson Reuters for earnings of 21 cents a share.
Total sales rose 1.1% year-over-year to $181.9 million, ahead of the consensus view of $180.9 million. Same-store sales fell 3% in the latest quarter.
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