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

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Earnings Data

Report Date

May 27, 2026

After Close (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

0.2

Last Year’s EPS

0.34

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 1 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Mar 26, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call presents a balanced picture: the company has strong financial foundations (debt-free balance sheet, $130.7M cash, multi-year margin track record), clear corrective actions (slowed rebanners, targeted conversions, inventory reduction plan, and meaningful SG&A savings), and durable growth pockets (Shoe Station and e-commerce). However, near-term pressures are material — FY25 sales declines, variability and underperformance in many rebanner stores, elevated inventory requiring promotional clearance, and a FY26 EPS and margin step-down driven by tariff timing and markdowns. Management frames FY26 as a transition year with expectations of normalization in FY27. Given the mix of clear strengths and substantial near-term operational headwinds, the overall tone is cautiously neutral.

Company Guidance

Shoe Carnival's fiscal 2026 guidance calls for net sales down 1% to up 1% versus fiscal 2025, comparable-store sales that decline in H1 and improve in H2 (with full‑year comps expected to be better than FY25’s -5.6%), gross profit margin of roughly 34% (about a 260‑basis‑point decline from FY25’s 36.6%), SG&A savings of approximately $12–14 million versus FY25, operating income of about $47–55 million and EPS of $1.40–1.60 (ex‑CEO transition costs) assuming a ~26% tax rate; planned rebanner activity is reduced to ~21 conversions before back‑to‑school with total rebanner P&L investment of $10–15 million and rebanner capex of $5–7 million, inventory begins FY26 near $440 million (up ~14% YoY) with a targeted reduction of $50–65 million (largely in H1) that will create near‑term margin pressure but is expected to materially increase operating cash flow, while the balance sheet remains strong with $130.7 million in cash, no debt, a $100 million revolver and $50 million of repurchase authorization remaining; quarterly dividend raised to $0.17 per share (payable 4/20/26), marking 12 consecutive years of increases (CAGR ~15.5%) and 56 consecutive quarters of dividends.

Strong Balance Sheet and Liquidity

Ended fiscal 2025 debt-free for the 21st consecutive year with $130.7 million in cash, cash equivalents and marketable securities (≈6% increase vs prior year) and $100 million of available revolving credit.

Full-Year EPS Beat and Margin Track Record

Full year EPS of $1.90 exceeded consensus ($1.87) and gross profit margin exceeded 35% for the fifth consecutive year, with full-year gross profit margin at 36.6% (up 100 basis points vs FY2024).

Shoe Station Growth and E‑commerce Strength

Shoe Station net sales were $236.7 million (21% of total net sales) and grew organically 2.7% for the year, outperforming the family footwear industry for the third consecutive year; Shoe Station e-commerce showed strong growth and broad resonance beyond converted store footprints.

Disciplined Capital Allocation and Dividend Increase

Board approved a higher quarterly dividend of $0.17 per share (payable April 20, 2026), marking the 12th consecutive year of dividend increases (≈15.5% compounded annual growth rate over that period); $50 million remaining under share repurchase authorization.

Rebanner Program Progress with More Measured Approach

Completed 101 rebanners in fiscal 2025 (vs 10-store test in FY24); management is pausing to refine targeting and will convert ~21 stores before back-to-school 2026 while maintaining conviction in Shoe Station as a growth vehicle.

Reduced FY26 Rebanner Investment and CapEx

Fiscal 2026 rebanner P&L investment expected to be $10–15 million (down from prior $25–30 million guidance) and rebanner capital expenditures expected $5–7 million (down from previous $25–35 million), reflecting a more disciplined and targeted rollout.

Planned Inventory Reduction to Improve Cash Flow

Management intends to reduce merchandise inventory by $50–65 million in fiscal 2026 (current inventory $439.6 million, up 14% YoY due to opportunistic pre-tariff buys), with the inventory drawdown expected to significantly increase operating cash flow in FY26.

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
May 27, 2026	2026 (Q1)	0.20 / -	0.34	―	―	―
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)	―
Mar 21, 2024	2023 (Q4)	0.59 / 0.59	0.79	-25.32% (-0.20)	―

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
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%
Mar 20, 2025	$21.76	$21.56	-0.93%

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.