Shoe Carnival (SCVL) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 20, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.34

Last Year’s EPS

0.7

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 1 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 21, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call presented a mixed picture: Shoe Carnival demonstrated clear financial strength (no debt, ~$129 million in liquidity, strong operating cash flow, dividend growth and share repurchases), matched consensus on adjusted EPS, and laid out a concrete operational plan and timeline to correct merchandising and assortment issues. Offsetting these positives are comparable store sales declines, meaningful gross margin compression, material one-time charges and planned store closures, and persistent macro-driven consumer softness that will delay visible improvement until back-to-school and the fall season. Management reaffirmed fiscal 2026 guidance and emphasized a deliberate, cash-funded approach to fixing assortment and store performance.

Company Guidance

Shoe Carnival reaffirmed fiscal 2026 guidance calling for net sales of $1.125B–$1.147B (down 1% to up 1% vs. FY25), adjusted diluted EPS of $1.40–$1.60 (excludes CEO transition and strategic‑review charges), a gross profit margin of ~34% (≈260 bps compression vs. FY25), targeted reductions in adjusted SG&A of $12M–$14M vs. FY25, and an effective adjusted tax rate of ~26%. Management noted Q1 results that supported the outlook — Q1 net sales $270.7M, total comps -2.1% (Shoe Carnival $177.3M, 65% of sales, -2.2% with comps -1.7%; Shoe Station $93.4M, 35% of sales, -3.1% with comps -2.9%), GAAP loss per share $0.21 (including $13.6M pretax charges: $5.3M CEO transition, $8.3M strategic), non‑GAAP EPS $0.23, gross margin 33.3%, cash and marketable securities ~$129M with no debt, operating cash flow up $32.7M, Q1 inventories $417.2M (plan to reduce inventories $50M–$65M by year‑end), Q1 capex ~$10.4M, and shareholder returns in Q1 of ~$12M (dividend $0.17/share, 390k shares repurchased for ~$7M, ~$43M remaining authorization); the company also outlined operational actions (12–14 store closures in FY26 and 6–10 in FY27, few rebanners over the next two years, and selective new‑store growth of 3–5 in FY27 and 8–10 in FY28).

Strong Liquidity and Debt-Free Balance Sheet

Cash, cash equivalents and marketable securities totaled $129.3 million at quarter end, an increase of approximately $36.4 million (about 39% year-over-year). The company operates with no debt, providing financial flexibility to fund strategic actions from operating cash flows.

Adjusted Earnings in Line with Consensus

Non-GAAP adjusted diluted earnings per share were $0.23 for the quarter, matching consensus estimates despite GAAP charges; GAAP diluted loss per share was $0.21 due to transition and strategic review charges.

Sales Modestly Ahead of Consensus

Net sales were $270.7 million, modestly ahead of consensus. Company comparable store sales declined 2.1%, but results were slightly better than expectations.

Disciplined Capital Return and Dividend Increase

The company returned approximately $12 million to shareholders in the quarter via dividends and share repurchases, including repurchasing ~390,000 shares for ~$7 million; the quarterly dividend was increased 13.3% to $0.17 per share.

Inventory Reduction and Operating Cash Flow Improvement

Merchandise inventories were $417.2 million (down about $11 million versus prior year). Cash flow from operating activities increased by $32.7 million year-over-year. Management expects inventories to decline $50 million to $65 million by end of fiscal 2026 versus fiscal 2025.

Strategic Clarity on Banner Strategy

Strategic review concluded both Shoe Carnival and Shoe Station will be retained as permanent, distinct banners. Management is tailoring assortments to each banner and trade area rather than pursuing a single-banner strategy.

Planned Targeted Growth and Cost Discipline

Company plans selective new store growth: 3-5 new stores in fiscal 2027 and 8-10 in fiscal 2028 (primarily Shoe Station). Adjusted SG&A was $82.5 million (down ~$1.3 million versus prior year quarter excluding nonrecurring charges) and the firm reaffirmed fiscal 2026 guidance (net sales $1.125B-$1.147B; adjusted diluted EPS $1.40-$1.60).

Shoe Carnival (SCVL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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SCVL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 20, 2026	2026 (Q2)	0.34 / -	0.7	―	―	―
May 21, 2026	2026 (Q1)	0.23 / 0.23	0.34	-32.35% (-0.11)	―
Mar 26, 2026	2025 (Q4)	0.33 / 0.33	0.54	-38.89% (-0.21)	―
Nov 20, 2025	2025 (Q3)	0.52 / 0.53	0.71	-25.35% (-0.18)	―
Sep 04, 2025	2025 (Q2)	0.63 / 0.70	0.83	-15.66% (-0.13)	―
May 03, 2025	2025 (Q1)	0.30 / 0.34	0.64	-46.88% (-0.30)	―	―
Mar 20, 2025	2024 (Q4)	0.43 / 0.54	0.59	-8.47% (-0.05)	―
Nov 21, 2024	2024 (Q3)	0.67 / 0.71	0.8	-11.25% (-0.09)	―
Sep 05, 2024	2024 (Q2)	0.81 / 0.83	0.71	16.90% (+0.12)	―
May 23, 2024	2024 (Q1)	0.60 / 0.64	0.61	4.92% (+0.03)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SCVL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 21, 2026	$15.77	$17.27	+9.51%
Mar 26, 2026	$17.68	$16.25	-8.06%
Nov 20, 2025	$16.39	$15.41	-5.99%
Sep 04, 2025	$20.99	$25.24	+20.25%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.