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Shoe Carnival Stock Rises on Q4 Earnings Beat, Infrastructure Improvements

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Investors liked what they saw from Shoe Carnival in the fourth quarter, rewarding the footwear retailer’s performance with a $6.44 increase in share price—up 21 percent from its position prior to the release of its full-year financial report Tuesday. In a Nutshell: Calling 2018 “a year of innovation,” Shoe Carnival made several improvements to its infrastructure…

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