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SHOE CARNIVAL (SCVL)

Earnings summaries and quarterly performance for SHOE CARNIVAL.

Recent press releases and 8-K filings for SCVL.

Shoe Carnival Reports Mixed Q3 Results, Raises FY25 EPS Guidance Amid Rebranding Efforts
SCVL
Earnings
Guidance Update
New Projects/Investments
  • Shoe Carnival reported mixed third-quarter results, with GAAP EPS of $0.53 and revenue of $297.2 million, a 3.2% decline from the previous year.
  • Despite a 2.7% decline in comparable store sales, the company improved its gross profit margin by 160 basis points to 37.6% and ended the quarter debt-free.
  • The company raised its fiscal 2025 EPS guidance to a range of $1.80 to $2.10 per share, while reaffirming net sales guidance between $1.12 billion and $1.15 billion.
  • Strategic initiatives include plans to rebrand over 90% of its stores as Shoe Station by fiscal year 2028, and to release $100 million in working capital and achieve $20 million in cost savings by 2027.
  • Rebranding investments negatively impacted Q3 EPS by approximately $0.22 and year-to-date EPS by $0.58.
Nov 20, 2025, 4:45 PM
Shoe Carnival Reports Strong Q3 2026 Results, Announces Corporate Name Change to Shoe Station Group, and Updates Fiscal 2025 Guidance
SCVL
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • Shoe Carnival reported Q3 2026 net sales of $297.2 million and EPS of $0.53, both exceeding consensus expectations. The gross profit margin expanded 160 basis points to 37.6%.
  • The Board of Directors unanimously approved changing the corporate name to Shoe Station Group, subject to shareholder approval in June 2026, reflecting a strategic shift towards the higher-income Shoe Station customer.
  • The company completed 101 store re-banners in fiscal 2025, with Shoe Station now representing 34% of the total store fleet, and expects it to reach 51% by back-to-school 2026.
  • For fiscal year 2025, net sales guidance was reaffirmed at $1.12 billion-$1.15 billion, while EPS guidance was raised to $1.80-$2.10.
  • The company expects $20 million in annual cost savings and $100 million freed from inventory reduction by the end of fiscal 2027, with a return to sales and earnings growth in fiscal 2027 and acceleration into fiscal 2028. The company remains debt-free with over $100 million in cash and securities.
Nov 20, 2025, 2:00 PM
SCVL Reports Q3 2026 Results and Details Strategic Re-bannering to Shoe Station Group
SCVL
Earnings
Guidance Update
New Projects/Investments
  • SCVL reported Q3 2026 EPS of $0.53 and net sales of $297.2 million, with gross profit margin expanding 160 basis points to 37.6%. Shoe Station net sales grew 5.3%, while Shoe Carnival net sales declined 5.2%.
  • The company's Board of Directors approved changing its corporate name to Shoe Station Group, subject to shareholder approval in June 2026, reflecting a strategic shift to consolidate under the Shoe Station brand. This strategy involves converting Shoe Carnival locations to the Shoe Station format, with 101 re-banners completed in fiscal 2025 and Shoe Station locations expected to be 51% of the fleet by back-to-school 2026.
  • This transformation is expected to generate $20 million in annual cost savings and free up $100 million in working capital from inventory reduction by the end of fiscal 2027. The company is funding this from its strong financial position, being debt-free with over $100 million in cash and securities.
  • For fiscal year 2025, SCVL reaffirmed net sales guidance of $1.12 billion-$1.15 billion and raised EPS guidance to $1.80-$2.10. Fiscal year 2026 is expected to be a year of continued investment with lower EPS than fiscal 2025, with sales and earnings growth resuming in fiscal 2027 and accelerating in fiscal 2028.
Nov 20, 2025, 2:00 PM
Shoe Carnival Reports Q3 2025 Results and Updates Fiscal 2025 Outlook
SCVL
Earnings
Guidance Update
New Projects/Investments
  • Shoe Carnival, Inc. reported Q3 2025 net sales of $297.2 million and diluted EPS of $0.53, both exceeding consensus expectations. This compares to net sales of $306.9 million and diluted EPS of $0.70 in the prior year period.
  • The company reaffirmed its Fiscal 2025 net sales outlook and updated its EPS outlook to a range of $1.80 to $2.10, increasing the lower end by $0.10.
  • Progress on the One Banner Strategy includes 5.3 percent net sales growth for Shoe Station in Q3 2025, with over 90 percent of the fleet expected to operate as Shoe Station by the end of Fiscal 2028. This strategy is anticipated to yield $20 million in annual cost savings and a $100 million inventory reduction by the end of Fiscal 2027.
  • Shoe Carnival ended Q3 2025 debt-free with $107.7 million in cash, cash equivalents, and marketable securities, an 18.2 percent increase from the prior year.
Nov 20, 2025, 11:20 AM
Shoe Carnival Announces Name Change to Shoe Station Group
SCVL
Earnings
Guidance Update
New Projects/Investments
  • Shoe Carnival, Inc.'s Board of Directors has unanimously voted to change the corporate name to Shoe Station Group, Inc., subject to shareholder approval at the Annual Meeting in June 2026.
  • This banner consolidation is projected to generate $20 million in annual cost savings and operating efficiencies by the end of Fiscal 2027, with over 90 percent of the fleet expected to operate as Shoe Station by the end of Fiscal 2028.
  • For Q3 Fiscal 2025, preliminary results show net sales of $297.2 million and diluted earnings per share of $0.53, both exceeding consensus expectations.
Nov 13, 2025, 2:05 PM
Shoe Carnival Announces Name Change to Shoe Station Group and Strategic Consolidation
SCVL
Guidance Update
Earnings
New Projects/Investments
  • Shoe Carnival's Board of Directors has unanimously voted to change the corporate name to Shoe Station Group, Inc., pending shareholder approval at the Annual Meeting in June 2026.
  • The company plans to consolidate its store fleet, with over 90 percent operating as Shoe Station by the end of Fiscal 2028, anticipating $20 million in annual cost savings and a 20-25 percent reduction in inventory investment by the end of Fiscal 2027.
  • Preliminary Q3 Fiscal 2025 results show net sales of $297.2 million and diluted EPS of $0.53, both exceeding consensus expectations.
  • In Q3 Fiscal 2025, Shoe Station net sales grew 5.3 percent with a 260 basis point margin expansion, contrasting with a 5.2 percent decline in Shoe Carnival net sales.
Nov 13, 2025, 2:00 PM

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