Weakness Seen in Shoe Carnival (SCVL): Stock Tanks 12.6% – Tale of the Tape

This slump shouldn’t be too much of a surprise to investors, as the company has seen 2 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

Some better-ranked stocks in the services sector include American Apparel, Inc. (APP), Genesco Inc. (GCO) and Foot Locker, Inc. (FL). All these stocks carry a Zacks Rank #2 (Buy).

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