06:50 AM EDT, 05/30/2025 (MT Newswires) -- Shoe Carnival ( SCVL ) reported fiscal Q1 net income Friday of $0.34 per diluted share, down from $0.63 a year earlier.

Analysts polled by FactSet expected $0.30.

Sales for the fiscal quarter ended May 3 were $277.7 million, down from $300.4 million a year earlier.

Analysts surveyed by FactSet expected $281.4 million.

For fiscal 2025, the footwear retailer continues to expect EPS of $1.60 to $2.10 on sales of $1.15 billion to $1.23 billion.

Analysts polled by FactSet expect EPS of $1.78 on revenue of $1.18 billion.

Shares of the company were up nearly 11% in recent premarket activity.