Shoe Carnival bets on back-to-school seasonFootwear retailer Shoe Carnival, Inc. (Nasdaq: SCVL) executives said on a Thursday afternoon conference call the company looks forward to a successful back-to-school season. After reporting bland first-quarter results before opening of trading Thursday, CEO Mark Lemond said the company expects positive comparative store sales in the third quarter. “We’re trending a lackluster spring, a flighty second quarter and much better sales with the back-to-school sales in the third quarter,” Lemond said on the call. With high gas prices affecting consumers, Lemond said he does not expect second quarter results to change greatly from the first. The Evansville, Ind.-based company reported revenue of $165.7 million during the first quarter ended May 5, down from $168.5 million a year earlier. Shoe Carnival reported a profit of $7.3 million first-quarter profit, or $0.53 a share, compared with $7.4 million, or $0.54 a share, in the same period in 2006. Over the last 52 weeks, Shoe Carnival shares have ranged between $19.25 and $35.26. In late afternoon trading today, shares in the company were down 5.65% at $27.55. spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer
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