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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Shoe Carnival Lifts Profit Outlook As CEO Praises Rebanner Momentum, Stock Soars

Shoe Carnival-Photo by JHVEPhoto via Shutterstock(1)

Shoe Carnival, Inc. (NASDAQ:SCVL) shares surged Thursday after the company reported its second-quarter results.

The company reported second-quarter adjusted earnings per share of 91 cents, beating the analyst consensus estimate of 58 cents.

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