SCVL Research | Milton Maxwell

SCVL

Shoe Carnival, Inc.

19.11

+0.12+0.63%

Dec 16, 4:00:01 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

523.14M

P/E (TTM)

9.10

Basic EPS (TTM)

2.10

Dividend Yield

0.03%

Recent Filings

8-K

Sifford named interim CEO

3/9/26Mar 9, 2026

Shoe Carnival named Clifton E. Sifford Interim President and CEO effective February 24, 2026, bumping his base salary to $1M annually plus stipend, car allowance, and 112,220 RSUs vesting March 31, 2027. Compensation Committee tied fiscal 2026 EICP bonuses to Adjusted Operating Income at threshold/target/maximum levels up to 175% of salary; execs got PSUs/RSUs linked to adjusted EPS. Leadership stabilized, yet incentives hinge on performance.

8-K

CEO ousted; Sifford interim

2/25/26Feb 25, 2026

Shoe Carnival ousted CEO Mark Worden on February 24, 2026, tapping veteran Cliff Sifford as interim president and CEO. Fiscal 2025 net sales hit $1.135 billion, with diluted EPS at $1.90—beating consensus by $0.03—and $130 million in cash, debt-free for the 21st year. Board eyes Sifford's know-how for strategic execution. No new comp deal yet.

8-K

New $50M buyback authorized

12/12/25Dec 12, 2025

Shoe Carnival's board authorized a new $50 million share repurchase program, effective January 1, 2026, through December 31, 2026, replacing the prior one expiring December 31, 2025. It also approved a $0.15 quarterly dividend, payable January 26, 2026. Debt-free balance sheet fuels returns. Actual repurchases hinge on stock price and markets.

8-K

Edwards promoted to Controller

12/9/25Dec 9, 2025

Shoe Carnival appointed Patrick C. Edwards as Senior Vice President, Controller and Treasurer on December 7, 2025, up from Special Projects and Treasurer. His base salary rose to $325,000. Internal promotion streamlines finance leadership.

10-Q

Q3 FY2026 results

12/5/25Dec 5, 2025

Shoe Carnival posted Q3 net sales of $297.2M, down 3.2% y/y, yet gross profit climbed to $111.8M with margins expanding 160bps to 37.6% on disciplined pricing and Shoe Station mix shift. Operating income fell to $18.6M from $24.5M amid $8.1M rebanner costs, while diluted EPS dipped to $0.53 from $0.70, reconciled to 27,597k shares. Cash sits at $94.4M with $99M revolver availability and no debt; FCF not disclosed in the 10-Q. Rogan's, closed Feb 2024 for $44.8M cash, added $21.1M sales. Rebanner strategy ramps risks.

About

Shoe Carnival, Inc., together with its subsidiaries, operates as a family footwear retailer in the United States. The company offers various products, including dress and casual shoes, sandals, boots, and athletic shoes; and non-athletics for men's, women's and children's shoes, as well as accessories. It also operates stores. The company sells its products through www.shoecarnival.com and www.shoestation.com, as well as through related mobile app. Shoe Carnival, Inc. was founded in 1978 and is headquartered in Evansville, Indiana.

CEO

Mr. Mark J. Worden

IPO

3/16/1993

Website

https://www.shoecarnival.com

Employees

2,500

Sector

Consumer Cyclical

Industry

Apparel Retail