Part I [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) The company's financial statements show substantial growth in assets, income, and shareholder equity for the period ended October 30, 2021 [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Balance Sheet Highlights (in thousands) | Account | Oct 30, 2021 | Jan 30, 2021 | Oct 31, 2020 | | :--- | :--- | :--- | :--- | | **Assets** | | | | | Cash and cash equivalents | $173,364 | $106,532 | $46,740 | | Merchandise inventories | $282,014 | $233,266 | $274,264 | | Total Current Assets | $495,665 | $355,305 | $340,166 | | Total Assets | $786,509 | $642,747 | $623,343 | | **Liabilities & Equity** | | | | | Total Current Liabilities | $161,837 | $130,901 | $125,227 | | Total Liabilities | $353,963 | $332,571 | $320,126 | | Total Shareholders' Equity | $432,546 | $310,176 | $303,217 | [Condensed Consolidated Statements of Income](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) Income Statement Performance (in thousands, except per share data) | Metric | Thirteen Weeks Ended Oct 30, 2021 | Thirteen Weeks Ended Oct 31, 2020 | Thirty-nine Weeks Ended Oct 30, 2021 | Thirty-nine Weeks Ended Oct 31, 2020 | | :--- | :--- | :--- | :--- | :--- | | Net sales | $356,336 | $274,579 | $1,017,023 | $722,868 | | Gross profit | $144,056 | $87,761 | $409,966 | $201,830 | | Operating income | $62,424 | $20,163 | $179,741 | $11,300 | | Net income | $46,836 | $14,678 | $134,290 | $8,548 | | Diluted EPS | $1.64 | $0.51 | $4.69 | $0.30 | [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Cash Flow Summary (in thousands) | Cash Flow Activity | Thirty-nine Weeks Ended Oct 30, 2021 | Thirty-nine Weeks Ended Oct 31, 2020 | | :--- | :--- | :--- | | Net cash provided by operating activities | $120,478 | $170 | | Net cash used in investing activities | ($37,846) | ($9,889) | | Net cash used in financing activities | ($15,800) | ($5,440) | | **Net increase (decrease) in cash** | **$66,832** | **($15,159)** | | **Cash at end of period** | **$173,364** | **$46,740** | [Notes to Condensed Consolidated Financial Statements](index=7&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) - On June 21, 2021, the Board of Directors authorized a two-for-one stock split, with all share and per-share amounts retroactively adjusted[25](index=25&type=chunk) - The COVID-19 pandemic significantly impacted fiscal 2020 operations, but as of October 30, 2021, no stores were closed due to the pandemic[29](index=29&type=chunk)[30](index=30&type=chunk)[31](index=31&type=chunk) Revenue by Product Category (YTD % of Net Sales) | Category | Thirty-nine Weeks Ended Oct 30, 2021 | Thirty-nine Weeks Ended Oct 31, 2020 | | :--- | :--- | :--- | | Non-Athletics | 44% | 39% | | Athletics | 50% | 55% | | Accessories and Other | 6% | 6% | - The Shoe Perks rewards program recognized **$4.5 million** in loyalty rewards in Net Sales for the first thirty-nine weeks of fiscal 2021, up from **$3.2 million** in the prior year[58](index=58&type=chunk) [Management's Discussion and Analysis (MD&A)](index=15&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management reported record-breaking financial results for Q3 and YTD fiscal 2021, driven by strong demand and strategic execution [Executive Summary](index=18&type=section&id=Executive%20Summary%20for%20the%20Third%20Fiscal%20Quarter%20Ended%20October%2030%2C%202021) - The third quarter of fiscal 2021 was a record-breaking period, achieving the highest net sales, gross profit, operating income, and diluted EPS in company history[74](index=74&type=chunk) - Comparable store sales increased **30.1%** versus Q3 2020 and **31.4%** versus Q3 2019, with physical store traffic up **29.9%** versus Q3 2020[75](index=75&type=chunk) - Record results were driven by strong inventory selection, a focused promotional strategy, customers returning to normal lifestyles, and a stronger economy[77](index=77&type=chunk) - The Shoe Perks customer loyalty program grew over **10%** year-over-year, reaching over **28.5 million** members[82](index=82&type=chunk) [Q3 2021 Results of Operations](index=19&type=section&id=Results%20of%20Operations%20for%20the%20Third%20Quarter%20Ended%20October%2030%2C%202021) Q3 2021 Financial Highlights | Metric | Q3 2021 | Change vs Q3 2020 | | :--- | :--- | :--- | | Net Sales | $356.3M | +29.8% | | Comparable Store Sales | - | +30.1% | | Gross Profit | $144.1M | +$56.3M | | Gross Profit Margin | 40.4% | +8.4 ppt | | SG&A as % of Sales | 22.9% | -1.8 ppt | - E-commerce sales accounted for approximately **12%** of merchandise sales in Q3 2021, compared to **13%** in Q3 2020 and **5%** in Q3 2019[78](index=78&type=chunk) - Gross profit margin significantly increased due to a **6.7 percentage point** rise in merchandise margin, driven by a focused promotional strategy that eliminated broad "buy one get one half off" offers[80](index=80&type=chunk) [YTD 2021 Results of Operations](index=20&type=section&id=Results%20of%20Operations%20for%20the%20Nine-Month%20Period%20Ended%20October%2030%2C%202021) YTD 2021 Financial Highlights | Metric | YTD 2021 | Change vs YTD 2020 | | :--- | :--- | :--- | | Net Sales | $1,017.0M | +40.7% | | Comparable Store Sales | - | +41.6% | | Gross Profit | $410.0M | +$208.1M | | Gross Profit Margin | 40.3% | +12.4 ppt | | SG&A as % of Sales | 22.6% | -3.7 ppt | [Liquidity and Capital Resources](index=20&type=section&id=Liquidity%20and%20Capital%20Resources) - The company maintained a strong liquidity position at the end of Q3 with **$191.2 million** in cash, cash equivalents, and marketable securities, and no borrowings under its **$100 million** credit facility[90](index=90&type=chunk) - Net cash provided by operating activities significantly increased to **$120.5 million** in the first nine months of fiscal 2021 from **$0.2 million** in the prior year period[91](index=91&type=chunk) - Working capital increased to **$333.8 million** as of October 30, 2021, from **$214.9 million** at October 31, 2020[92](index=92&type=chunk) [Capital Expenditures](index=21&type=section&id=Capital%20Expenditures) - Fiscal 2021 capital expenditures are projected to be between **$30 million** and **$35 million**, primarily for store relocations, remodels, and new store development[98](index=98&type=chunk) - In the first nine months of fiscal 2021, the company opened one new store and closed seven, with three additional closures expected by year-end[100](index=100&type=chunk)[101](index=101&type=chunk) [Dividends](index=22&type=section&id=Dividends) - A quarterly cash dividend of **$0.070 per share** was paid in Q3 2021, an increase from **$0.045 per share** in Q3 2020[103](index=103&type=chunk) - The company repurchased **208,662 shares** for **$7.1 million** in fiscal 2021 under its **$50 million** share repurchase program, with **$42.9 million** remaining available as of October 30, 2021[105](index=105&type=chunk)[106](index=106&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=23&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Primary market risk is from variable interest rates on the credit facility, with no borrowings in the first nine months of fiscal 2021 - The company is exposed to market risk from variable interest rates on its credit facility, but had no borrowings during the first nine months of fiscal 2021[110](index=110&type=chunk) [Controls and Procedures](index=23&type=section&id=Item%204.%20Controls%20and%20Procedures) CEO and CFO concluded disclosure controls were effective as of October 30, 2021, with no significant internal control changes during the quarter - The CEO and CFO concluded that the company's disclosure controls and procedures were effective as of October 30, 2021[111](index=111&type=chunk) - No significant changes in internal control over financial reporting occurred during the quarter ended October 30, 2021[112](index=112&type=chunk) Part II [Risk Factors](index=24&type=section&id=Item%201A.%20Risk%20Factors) No additional material changes to previously disclosed risk factors were reported since the fiscal year 2021 Form 10-K - No additional material changes to the risk factors set forth in the Annual Report on Form 10-K for the fiscal year ended January 30, 2021, have occurred[115](index=115&type=chunk) [Issuer Purchases of Equity Securities](index=24&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased **91,594 shares** at **$34.69 per share** in Q3, with **$42.9 million** remaining for buybacks Share Repurchase Activity (Q3 2021) | Period | Total Shares Purchased | Average Price Paid per Share | Shares Purchased as Part of Program | Approx. Value Remaining for Purchase | | :--- | :--- | :--- | :--- | :--- | | Aug 29 - Oct 2, 2021 | 103,465 | $34.69 | 91,594 | $42,853,000 |

Shoe Carnival, Inc. (NASDAQ:SCVL) Q3 2021 Earnings Conference Call November 17, 2021 8:30 AM ET Company Participants Mark Worden - President & CEO Carl Scibetta - Chief Merchandising Officer Kerry Jackson - Chief Financial & Administrative Officer Conference Call Participants Sam Poser - Williams Trading Jim Chartier - Monness, Crespi, Hardt Operator Good morning, and welcome to Shoe Carnival's Third Quarter 2021 Earnings Conference Call. Today's conference is being recorded. It is also being broadcast via ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) 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 | (IRS Employer | | incorporation or organization) | Identification Number) | | 7500 East Columbia Street | | | Evansville, IN | 47715 | | (Address of principal executive of ices) | (Zip code) | | (812) 867-4034 | | | (Registra ...

Shoe Carnival Inc. (NASDAQ:SCVL) Q2 2021 Earnings Conference Call August 25, 2021 8:30 AM ET Company Participants Clifton Sifford - Vice Chairman and Chief Executive Officer Mark Worden - President and Incoming Chief Executive Officer Carl Scibetta - Senior Executive Vice President, Chief Merchandising Officer Kerry Jackson - Senior Executive Vice President, Chief Financial and Administrative Officer Conference Call Participants Mitch Kummetz - Pivotal Research Sam Poser - Williams Trading Greg Pendy - Sido ...

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 1, 2021 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 | ...

INVESTOR PRESENTATION SHOF | BIG BRANDS. BIG SAVINGS. BIG FUN! CARNIVAL Spring/Summer 2021 Safe Harbor Statement This presentation contains forward-looking statements that involve a number of risk factors and assumptions which affect the company's business as of today. The company assumes no obligation to revise or update these forward-looking statements to reflect changes in events or expectations. The company's actual results may be materially different from those projected here. These forward-looking sta ...

Shoe Carnival Inc. (NASDAQ:SCVL) Q1 2021 Earnings Conference Call May 19, 2021 4:30 PM ET Company Participants Clifton Sifford - Vice Chairman and Chief Executive Officer Mark Worden - President and Incoming Chief Executive Officer Carl Scibetta - Senior Executive Vice President, Chief Merchandising Officer Kerry Jackson - Senior Executive Vice President, Chief Financial and Administrative Officer Conference Call Participants Mitch Kummetz - Pivotal Research Greg Pendy - Sidoti Sam Poser - Williams Trading ...

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: January 30, 2021 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 ...

Shoe Carnival, Inc. (NASDAQ:SCVL) Q4 2020 Earnings Conference Call March 24, 2021 4:30 PM ET Company Participants Cliff Sifford - Vice Chairman & Chief Executive Officer Mark Worden - President & Chief Customer Officer Carl Scibetta - Senior Executive Vice President & Chief Merchandising Officer Kerry Jackson - Senior Executive Vice President, Chief Financial & Administrative Officer Conference Call Participants Mitch Kummetz - Pivotal Research Sam Poser - Williams Trading Greg Pendy - Sidoti Operator Good ...

INVESTOR PRESENTATION BIG BRANDS. BIG SAVINGS. BIG FUN! Fall/Winter 2020 Safe Harbor Statement This presentation contains forward-looking statements that involve a number of risk factors and assumptions which affect the company's business as of today. The company assumes no obligation to revise or update these forward-looking statements to reflect changes in events or expectations. The company's actual results may be materially different from those projected here. These forward-looking statements should be ...