In updating its outlook for the first quarter and full year, SCVL said the delay in tax refund checks pushed down Feb comps mid-teens, and despite a recovery in Mar. and Apr., the comps for the quarter could not offset the key Feb. selling month and would be down 3.9%. In noting that it sees this as a one-time event with its business prospects for the rest of the year unchanged and lowered top line guidance for the FY to sales of $1.002-1.018 billion from earlier guidance of $1.028 to $1.040. It sees EPS in the $1.30-1.40 range ($23.9 m) ... Log in to view full article.