Earnings were the name of the game for these stocks.
News & Analysis: Shoe Carnival
The top-line result was better than it looks.
Shares of the footwear retailer were gaining after it turned in a stellar second-quarter earnings report.
Inventory management, store optimization, and comparable store sales helped drive Shoe Carnival's bottom line during the third quarter.
A strong second quarter and guidance that came in ahead of expectations led investors to reconsider the beaten-down footwear retailer.
Modest second-quarter gains in revenue and comparable-store sales were enough to give shares of the footwear retailer a much-needed boost.
The footwear retailer fell off after it lowered its full-year guidance and reported a decline in first-quarter comparable sales.
Is this meaningful? Or just another movement?