UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended May 4, 2024 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 0-21360 Shoe Carnival, Inc. (Exact name of registrant as specified in its charter) Indiana 35-1736614 (State or other jurisdiction of i ...

Financial Data and Key Metrics Changes - Net sales increased by 6.8% to $300.4 million, surpassing expectations [18][46] - Operating income rose by 7.5% to $22.5 million, with pretax income increasing by 8.5% to $23.2 million [10][43] - Gross profit margin expanded to 35.6%, marking the 13th consecutive quarter above 35% [22][72] - Adjusted net income for Q1 was $17.7 million or $0.64 per diluted share [44][74] Business Line Data and Key Metrics Changes - Shoe Station's total sales grew low double digits, while Shoe Carnival experienced a low single-digit decline [39][46] - Sandal sales grew by 14% during the quarter, with strong performance noted in the sandal category [20][67] - E-commerce sales continued to grow double digits, driven by the relaunch of shoecarnival.com [19] Market Data and Key Metrics Changes - Comparable store sales were down 3.4%, reflecting strong performance in sandals and growth in athletics [35][71] - Children's comp sales were down low single digits, while men's non-athletic comp sales were down mid-single digits [36][37] Company Strategy and Development Direction - The company aims to be the leading family footwear retailer, focusing on profitable M&A activity [23][31] - Plans to continue pursuing M&A opportunities, with a strong balance sheet and zero debt [13][96] - The integration of Rogan's is progressing ahead of schedule, with expected synergies of $2.5 million to be realized in fiscal 2025 [12][25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about sales growth and profitability achieved in Q1, with a strong start to the sandal season [14][60] - The company is monitoring customer buying behavior closely during the upcoming nonevent period before back-to-school [29][84] - Management reiterated the full-year 2024 outlook, expecting net sales growth of 4% to 6% [45][95] Other Important Information - The company has a strong cash position, with total cash and equivalents of approximately $69 million at the end of the quarter [44][94] - SG&A expenses increased by $6.7 million due to higher marketing investments and selling expenses associated with Rogan's [73] Q&A Session Summary Question: What are the expected impacts of the retail calendar shift on Q2 and Q3? - Management clarified that Q2 net sales are expected to be about $330 million, with a $20 million benefit from the retail calendar shift [76][99] Question: How did the digital marketing campaign impact sales trends? - Management noted that sales improved significantly after launching the digital campaign, with strong customer engagement observed in March and April [51][86] Question: What are the comp trends for Rogan's? - Rogan's sales in Q1 approximated $19.6 million, with expectations for it to be accretive to results in fiscal 2024 [70][91] Question: How is the integration of Rogan's progressing? - The integration is ahead of schedule, with management optimistic about achieving full synergy capture by early 2025 [55][141] Question: What is the average transaction value comparison between Shoe Carnival, Shoe Station, and Rogan's? - The average transaction value at Shoe Station is about 20% higher than Shoe Carnival, while Rogan's is about 15% higher than Shoe Station [158]

Shoe Carnival, Inc. (SCVL) reported first-quarter fiscal 2024 results, wherein both the top and bottom lines surpassed the Zacks Consensus Estimate. Also, both metrics improved year over year. The company witnessed robust performance, registering double-digit revenue growth in the sandal category. Additionally, it achieved gross margin expansion, improved cost management and demonstrated strong pricing power. The company's performance positions it well to continue enhancing shareholder value and achieving i ...

SHOE CARNIVAL REPORTS FIRST QUARTER FISCAL 2024 RESULTS Evansville, Indiana, May 23, 2024 - Shoe Carnival, Inc. (Nasdaq: SCVL) (the "Company"), a leading retailer of footwear and accessories for the family, today reported results for the first quarter ended May 4, 2024. "We are encouraged by the strong results delivered this quarter, with net sales growth above our expectation, gross profit margin expansion versus prior year, and earnings at the high end of our expectation. We gained significant market shar ...

Shoe Carnival (SCVL) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.67%. A quarter ago, it was expected that this footwear retailer would post earnings of $0.59 per share when it actually produced earnings of $0.59, delivering no surprise. Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) [X] Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended: February 3, 2024 For the transition period from ____________________ to ____________________ or [ ] Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 0-21360 Shoe Carnival, Inc. (Exact name of registrant as specified in its charter) Indiana ...

Shoe Carnival, Inc. (NASDAQ:SCVL) Q4 2023 Results Conference Call March 21, 2024 8:30 AM ET Company Participants Steve Alexander - Investor Relations Mark Worden - President and Chief Executive Officer Carl Scibetta - Chief Merchandising Officer Patrick Edwards - Chief Financial Officer Conference Call Participants Mitch Kummetz - Seaport Research Jim Chartier - Monness, Crespi & Hardt Sam Poser - Williams Trading Operator Good morning, and welcome to Shoe Carnival's Fourth Quarter 2023 Earnings Conference ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended October 28, 2023 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 0-21360 Shoe Carnival, Inc. (Exact name of registrant as specified in its charter) Indiana 35-1736614 (State or other jurisdict ...

Shoe Carnival, Inc. (NASDAQ:SCVL) Q3 2023 Earnings Conference Call November 16, 2023 8:30 AM ET Company Participants Steve Alexander - Investor Relations Mark Worden - President and Chief Executive Officer Carl Scibetta - Chief Merchandising Officer Patrick Edwards - Chief Financial Officer Conference Call Participants Mitch Kummetz - Seaport Research Partners Sam Poser - Williams Trading Jim Chartier - Monness, Crespi, Hardt Operator Ladies and gentlemen, good morning, and welcome to the Shoe Carnival’s Th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended July 29, 2023 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 0-21360 Shoe Carnival, Inc. (Exact name of registrant as specified in its charter) Indiana 35-1736614 (State or other jurisdiction ...