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Shoe Carnival Misses Sales Target After Headwind-Filled First Quarter

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Shoe Carnival released its first-quarter financial report after markets closed on Wednesday, revealing poor comparable sales caused by a number of headwinds—including a “very cold and wet start to the quarter” and a delay in tax refunds. In a Nutshell: The footwear retailer, led by president and CEO Cliff Sifford, saw its shares fall on…

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