Shoe Carnival(SCVL)

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Shoe Carnival(SCVL) - 2021 Q2 - Earnings Call Transcript
2021-08-25 18:32
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 ...
Shoe Carnival(SCVL) - 2022 Q1 - Quarterly Report
2021-06-04 20:00
[Part I - Financial Information](index=3&type=section&id=Part%20I%20-%20Financial%20Information) Overview of the company's unaudited financial statements and management's analysis [Item 1. Financial Statements (Unaudited)](index=3&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) Unaudited condensed consolidated financial statements for Q1 2021, showing record performance and detailing accounting policies [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheet as of May 1, 2021, shows strong financial position with increased assets and shareholders' equity | (In thousands) | May 1, 2021 | January 30, 2021 | May 2, 2020 | | :--- | :--- | :--- | :--- | | **Assets** | | | | | Cash and cash equivalents | $174,643 | $106,532 | $13,084 | | Merchandise inventories | $268,629 | $233,266 | $303,988 | | Total Current Assets | $462,645 | $355,305 | $337,574 | | Total Assets | $750,089 | $642,747 | $629,550 | | **Liabilities & Equity** | | | | | Total Current Liabilities | $200,311 | $130,901 | $151,635 | | Total Liabilities | $399,814 | $332,571 | $350,092 | | Total Shareholders' Equity | $350,275 | $310,176 | $279,458 | [Condensed Consolidated Statements of Income](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) Income statements for Q1 2021 show a dramatic turnaround to net income of $43.2 million from a prior-year loss | (In thousands, except per share data) | Thirteen Weeks Ended May 1, 2021 | Thirteen Weeks Ended May 2, 2020 | | :--- | :--- | :--- | | Net sales | $328,457 | $147,495 | | Gross profit | $130,158 | $31,464 | | Operating income/(loss) | $57,603 | $(23,261) | | Net income/(loss) | $43,242 | $(16,190) | | Diluted net income/(loss) per share | $3.02 | $(1.16) | [Condensed Consolidated Statements of Shareholders' Equity](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Shareholders'%20Equity) Shareholders' equity increased to $350.3 million, driven by net income and partially offset by dividends - Total shareholders' equity increased by **$40.1 million** during the quarter, from **$310.2 million** to **$350.3 million**, mainly due to net income of **$43.2 million**[17](index=17&type=chunk) - The company declared dividends of **$0.140 per share**, totaling approximately **$2.0 million**[17](index=17&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Operating activities generated $76.5 million in cash, leading to a $68.1 million increase in cash and cash equivalents | (In thousands) | Thirteen Weeks Ended May 1, 2021 | Thirteen Weeks Ended May 2, 2020 | | :--- | :--- | :--- | | Net cash provided by (used in) operating activities | $76,520 | $(42,863) | | Net cash used in investing activities | $(4,083) | $(2,995) | | Net cash used in financing activities | $(4,326) | $(2,957) | | Net increase (decrease) in cash and cash equivalents | $68,111 | $(48,815) | | Cash and cash equivalents at end of period | $174,643 | $13,084 | [Notes to Condensed Consolidated Financial Statements](index=7&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Notes detail accounting policies, COVID-19 impact, revenue disaggregation, and other financial components - The COVID-19 pandemic led to the temporary closure of all physical stores effective March 19, 2020, but no stores were closed for extended periods during the first quarter of fiscal 2021[28](index=28&type=chunk)[29](index=29&type=chunk) | Product Category | % of Net Sales (Q1 2021) | % of Net Sales (Q1 2020) | | :--- | :--- | :--- | | Non-Athletics | 43% | 38% | | Athletics | 51% | 57% | | Accessories and Other | 6% | 5% | - Total lease costs, including operating and variable costs, were **$18.7 million** for Q1 2021, slightly up from **$18.4 million** in Q1 2020[59](index=59&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=14&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses record Q1 2021 results, attributing success to strong demand, strategic shifts, and robust liquidity [Executive Summary and Results of Operations](index=16&type=section&id=Executive%20Summary%20and%20Results%20of%20Operations) Q1 2021 set new records with $328.5 million in net sales and $3.02 diluted EPS, driven by improved gross profit margin | Metric | Q1 2021 (Millions) | Change vs Q1 2020 | Change vs Q1 2019 | | :--- | :--- | :--- | :--- | | Net Sales | $328.5 | - | +31.6% (vs Q1 2019 sales) | | Comparable Store Sales | - | +125.8% | +31.6% | | Gross Profit Margin | 39.6% | +18.3 p.p. | +10.0 p.p. | | Net Income | $43.2 | from $(16.2) loss | - | | Diluted EPS | $3.02 | from $(1.16) loss | - | - The company eliminated low margin, chain-wide promotional events, including Buy One, Get One Half Off ("BOGO"), for the entire quarter and anticipates continuing this strategy for the remainder of fiscal 2021[75](index=75&type=chunk) - The Shoe Perks customer loyalty program grew over **10% YoY** to more than **27 million members**[73](index=73&type=chunk) [Liquidity and Capital Resources](index=17&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintains strong liquidity with $174.6 million in cash and no debt, supporting increased dividends and capital expenditures - Primary sources of liquidity are **$174.6 million** of cash and cash equivalents, cash from operations, and a **$100 million** credit facility with no outstanding borrowings[80](index=80&type=chunk)[85](index=85&type=chunk) - Fiscal 2021 capital expenditures are expected to be between **$30 million** and **$35 million**, with a focus on store remodels, relocations, and technology[87](index=87&type=chunk) - The quarterly cash dividend was increased by **56%** from **$0.09** to **$0.14 per share** on March 18, 2021[91](index=91&type=chunk) - No shares were repurchased under the **$50.0 million** share repurchase program during the quarter due to uncertainty related to the COVID-19 pandemic[94](index=94&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=20&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Market risk primarily relates to variable interest rates on the credit facility, with no exposure due to zero borrowings - The company is exposed to market risk from variable interest rates under its credit facility, but had no borrowings during the first quarter of fiscal 2021[99](index=99&type=chunk) [Item 4. Controls and Procedures](index=20&type=section&id=Item%204.%20Controls%20and%20Procedures) Disclosure controls and procedures were effective, with no material changes to internal control over financial reporting - The CEO and CFO concluded that as of May 1, 2021, the company's disclosure controls and procedures are effective[100](index=100&type=chunk) - No significant changes in internal control over financial reporting occurred during the quarter ended May 1, 2021[101](index=101&type=chunk) [Part II - Other Information](index=21&type=section&id=Part%20II%20-%20Other%20Information) This section provides other information, including updated risk factors, equity security sales, and a list of exhibits [Item 1A. Risk Factors](index=21&type=section&id=Item%201A.%20Risk%20Factors) Updated risk factors emphasize dependency on discretionary consumer spending, influenced by economic conditions and stimulus uncertainty - The risk factor related to consumer spending was updated to reflect that the business depends on discretionary spending, which is affected by economic conditions, unemployment, and the uncertain impact of government stimulus[104](index=104&type=chunk)[105](index=105&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=21&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) No shares were repurchased under the $50.0 million program, with only shares withheld for employee tax obligations - No shares were repurchased under the publicly announced **$50.0 million** program. The full amount remains available for purchase through December 31, 2021[107](index=107&type=chunk)[109](index=109&type=chunk) - A total of **38,005 shares** were withheld by the company to cover employee payroll taxes related to the vesting of share-settled equity awards[107](index=107&type=chunk)[109](index=109&type=chunk) [Item 6. Exhibits](index=22&type=section&id=Item%206.%20Exhibits) This section indexes all exhibits filed with Form 10-Q, including certifications and financial data - The report includes a list of filed exhibits, such as employment agreements, CEO/CFO certifications (Sections 302 and 906), and financial statements in Inline XBRL format[111](index=111&type=chunk)
Shoe Carnival (SCVL) Investor Presentation - Slideshow
2021-05-20 19:17
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(SCVL) - 2021 Q1 - Earnings Call Transcript
2021-05-20 00:41
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 ...
Shoe Carnival(SCVL) - 2021 Q4 - Annual Report
2021-03-26 20:01
Part I [Business](index=4&type=section&id=Item%201.%20Business) Shoe Carnival, Inc. is a major U.S. family footwear retailer with 383 stores and a significant e-commerce presence, differentiating through promotional in-store experiences and a broad assortment of branded footwear - As of January 30, 2021, the company operated **383** stores across **35** states and Puerto Rico, with each physical store generating an average of **$2.5 million** in annual sales[8](index=8&type=chunk) Historical Store Count | Fiscal Years | 2020 | 2019 | 2018 | 2017 | 2016 | | :--- | :--- | :--- | :--- | :--- | :--- | | Stores open at the beginning of the year | 392 | 397 | 408 | 415 | 405 | | New store openings | 4 | 1 | 3 | 19 | 19 | | Store closings | (13) | (6) | (14) | (26) | (9) | | Stores open at the end of the year | 383 | 392 | 397 | 408 | 415 | - The Shoe Perks loyalty program grew by **10%** in fiscal 2020 to **26.3 million** members, with purchases from members accounting for approximately **67%** of comparable net sales[35](index=35&type=chunk) - E-commerce sales surged in fiscal 2020, representing approximately **19%** of merchandise sales, a significant increase from **6%** in fiscal 2019, driven by the COVID-19 pandemic[36](index=36&type=chunk) - The company has a significant supplier concentration, with Nike, Inc. and Skechers USA, Inc. collectively accounting for approximately **43%** of net sales in fiscal 2020 (**33%** and **10%**, respectively)[47](index=47&type=chunk) Merchandise Sales by Product Category | Fiscal Years | 2020 | 2019 | 2018 | | :--- | :--- | :--- | :--- | | **Non-Athletics:** | | | | | Women's | 22% | 25% | 24% | | Men's | 14% | 14% | 14% | | Children's | 5% | 5% | 5% | | **Total Non-Athletics** | **41%** | **44%** | **43%** | | **Athletics:** | | | | | Women's | 19% | 17% | 18% | | Men's | 22% | 20% | 21% | | Children's | 13% | 14% | 14% | | **Total Athletics** | **54%** | **51%** | **53%** | | Accessories | 5% | 5% | 4% | | **Total** | **100%** | **100%** | **100%** | - The company highlights a diverse workforce, with **66%** female employees overall and **59%** female in its broad-based leadership team as of fiscal year-end 2020[62](index=62&type=chunk) [Risk Factors](index=16&type=section&id=Item%201A.%20Risk%20Factors) The company faces significant operational, compliance, human capital, financial, and stock ownership risks, including pandemic impacts, supply chain disruptions, and high supplier dependence - The COVID-19 pandemic poses a significant ongoing risk, with potential impacts from further store closures, financial market volatility, changes in consumer spending, and supply chain disruptions[95](index=95&type=chunk)[97](index=97&type=chunk) - The company is heavily reliant on imported goods, with substantially all footwear manufactured overseas, primarily in China, exposing the business to risks of cost increases, tariffs, and supply chain disruptions[99](index=99&type=chunk) - Dependence on key suppliers is a major risk, as two branded suppliers, Nike, Inc. and Skechers USA, Inc., accounted for approximately **43%** of net sales in fiscal 2020[121](index=121&type=chunk) - The rapid growth of the e-commerce channel presents risks related to operational challenges, reliance on third-party systems, cybersecurity threats, and the ability to maintain market share gains[110](index=110&type=chunk)[111](index=111&type=chunk) - The Chairman, J. Wayne Weaver, and his family beneficially own approximately **35.4%** of the company's outstanding common stock, enabling them to exert substantial influence over management and operations[154](index=154&type=chunk) [Unresolved Staff Comments](index=26&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company reports no unresolved staff comments from the Securities and Exchange Commission - None[156](index=156&type=chunk) [Properties](index=26&type=section&id=Item%202.%20Properties) The company operates 383 leased stores and a 410,000 square foot leased distribution center, having purchased its corporate headquarters in fiscal 2019 - The company operates **383** stores in **35** states and Puerto Rico, all of which are leased properties[157](index=157&type=chunk) - The company's **410,000** square foot distribution center in Evansville, Indiana is leased from a third party, with the current lease term extended to 2034[158](index=158&type=chunk) - In the first quarter of fiscal 2019, the company purchased its corporate headquarters for approximately **$7 million**[159](index=159&type=chunk) [Legal Proceedings](index=27&type=section&id=Item%203.%20Legal%20Proceedings) The company is involved in various ordinary course legal proceedings, none of which are expected to have a material adverse effect on its financial position - The company does not currently expect any ongoing legal proceedings to have a material adverse effect on its financial position or results of operations[161](index=161&type=chunk) [Mine Safety Disclosures](index=27&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company's operations - Not applicable[162](index=162&type=chunk) Part II [Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=28&type=section&id=Item%205.%20Market%20for%20the%20Registrant's%20Common%20Equity,%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) Shoe Carnival's common stock trades on Nasdaq (SCVL), paid quarterly dividends in fiscal 2020, increased Q1 2021 dividend by 56%, and made no share repurchases in Q4 2020 - The company's common stock is traded on The Nasdaq Stock Market LLC under the symbol "SCVL"[165](index=165&type=chunk) - In fiscal 2020, the company paid quarterly cash dividends totaling **$0.355** per share. On March 18, 2021, the Board increased the quarterly dividend by **56%** to **$0.14** per share for Q1 2021[166](index=166&type=chunk)[167](index=167&type=chunk) - No shares of common stock were repurchased under the Board-approved share repurchase program during the fourth quarter of fiscal 2020[168](index=168&type=chunk) [Selected Financial Data](index=28&type=section&id=Item%206.%20Selected%20Financial%20Data) This item has been eliminated in accordance with amendments to Regulation S-K - Part II, Item 6 is no longer required as the company has adopted amendments to Regulation S-K that eliminate Item 301[171](index=171&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=29&type=section&id=Item%207.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Fiscal 2020 net sales decreased by 5.8% to $976.8 million due to pandemic-related store closures, despite 175% e-commerce growth and strong Q2-Q4 performance, ending with $106.5 million cash and no debt Fiscal 2020 vs. Fiscal 2019 Performance | Metric | Fiscal 2020 | Fiscal 2019 | Change | | :--- | :--- | :--- | :--- | | Net Sales | **$976.8 million** | **$1,036.6 million** | **-5.8%** | | Comparable Store Sales | **-5.3%** | **+1.9%** | **-7.2 p.p.** | | Gross Profit Margin | **28.7%** | **30.1%** | **-1.4 p.p.** | | Net Income | **$16.0 million** | **$42.9 million** | **-62.7%** | | Diluted EPS | **$1.12** | **$2.92** | **-61.6%** | | E-commerce Sales Growth | **~175%** | N/A | N/A | - The COVID-19 pandemic caused a significant quarterly performance variance: a **42.3%** comparable store sales decrease in Q1 was followed by increases of **12.6%** in Q2, **0.9%** in Q3, and **6.4%** in Q4[181](index=181&type=chunk) - The company ended fiscal 2020 with a strong balance sheet, holding **$106.5 million** in cash and cash equivalents with no outstanding debt[183](index=183&type=chunk)[206](index=206&type=chunk) - For fiscal 2021, capital expenditures are projected to be between **$23 million** and **$25 million**, with a majority allocated to store remodels and new store construction[215](index=215&type=chunk) [Results of Operations](index=34&type=section&id=Results%20of%20Operations) Fiscal 2020 net sales decreased by 5.8% to $976.8 million due to Q1 store closures, gross profit margin fell to 28.7% from higher e-commerce shipping costs, and SG&A expenses remained flat - Net sales decreased by **$59.8 million** (**5.8%**) in fiscal 2020, with a **$106.3 million** decline in the first quarter alone due to temporary store closures[200](index=200&type=chunk) - Gross profit margin decreased by **1.4%** to **28.7%**, with merchandise margin down **0.6%** due to higher e-commerce shipping costs, and buying, distribution, and occupancy costs increasing **0.8%** as a percentage of sales[202](index=202&type=chunk) - SG&A expenses increased by **$0.5 million** to **$258.1 million**, with increases in e-commerce fulfillment and impairment charges partially offset by lower store wages (due to CARES Act credits) and reduced stock-based compensation[203](index=203&type=chunk) [Liquidity and Capital Resources](index=35&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintained strong liquidity in fiscal 2020 with $106.5 million cash and no debt, supported by a $100 million credit facility and $63.4 million in operating cash flow - The company ended fiscal 2020 with **$106.5 million** in cash and cash equivalents and no outstanding debt[206](index=206&type=chunk) - During fiscal 2020, the company amended its credit facility to increase borrowing capacity from **$50 million** to **$100 million**[206](index=206&type=chunk) - Net cash provided by operating activities decreased by **$3.5 million** to **$63.4 million** in fiscal 2020, primarily due to reduced earnings[208](index=208&type=chunk) - No share repurchases were made in fiscal 2020. A new **$50 million** share repurchase program was authorized for fiscal 2021[219](index=219&type=chunk)[221](index=221&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=41&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risk is minimal, stemming from variable interest rates on its credit facility, with a 1% rate change having an immaterial impact on interest expense - The company's market risk is primarily from variable interest rates on its credit facility. With weighted average borrowings of only **$256,000** in fiscal 2020, a **1%** change in interest rates would have increased interest expense by an insignificant **$3,000**[244](index=244&type=chunk) [Financial Statements and Supplementary Data](index=41&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This section presents the audited consolidated financial statements for fiscal 2020, including an unqualified auditor's opinion, detailing assets, liabilities, equity, net sales, and net income - The independent registered public accounting firm, Deloitte & Touche LLP, issued an unqualified opinion on the consolidated financial statements[248](index=248&type=chunk)[249](index=249&type=chunk) - The auditor identified Merchandise Inventories as a critical audit matter due to the significant judgments made by management to estimate their net realizable value[253](index=253&type=chunk)[254](index=254&type=chunk) Consolidated Balance Sheet Summary (as of Jan 30, 2021) | Category | Amount (in thousands) | | :--- | :--- | | Total Current Assets | $355,305 | | Total Assets | $642,747 | | Total Current Liabilities | $130,901 | | Total Liabilities | $332,571 | | Total Shareholders' Equity | $310,176 | Consolidated Income Statement Summary (for FY 2020) | Category | Amount (in thousands) | | :--- | :--- | | Net Sales | $976,765 | | Gross Profit | $279,982 | | Operating Income | $21,865 | | Net Income | $15,991 | [Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](index=67&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20with%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) The company reports no changes in or disagreements with its accountants on accounting principles, financial disclosure, or auditing scope - None[375](index=375&type=chunk) [Controls and Procedures](index=67&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management and independent auditors concluded that the company's internal control over financial reporting was effective as of January 30, 2021, with no significant changes in Q4 - Management concluded that the company's internal control over financial reporting was effective as of January 30, 2021, based on the criteria set forth by COSO[378](index=378&type=chunk) - The independent auditor, Deloitte & Touche LLP, audited and issued an unqualified opinion on the effectiveness of the company's internal control over financial reporting as of January 30, 2021[379](index=379&type=chunk)[384](index=384&type=chunk) - The CEO and CFO concluded that disclosure controls and procedures were effective as of the end of the fiscal year[380](index=380&type=chunk) [Other Information](index=69&type=section&id=Item%209B.%20Other%20Information) The company reports no other information for this item - None[390](index=390&type=chunk) Part III Part III incorporates information by reference from the 2021 Proxy Statement, covering directors, executive compensation, security ownership, related transactions, and accounting fees [Directors, Executive Officers and Corporate Governance](index=70&type=section&id=Item%2010.%20Directors,%20Executive%20Officers%20and%20Corporate%20Governance) Information on directors, corporate governance, and the code of ethics is incorporated by reference from the 2021 Proxy Statement - Required information is incorporated by reference from the definitive Proxy Statement for the 2021 Annual Meeting of Shareholders[392](index=392&type=chunk) [Executive Compensation](index=70&type=section&id=Item%2011.%20Executive%20Compensation) Details on executive and director remuneration, including Compensation Discussion and Analysis, are incorporated by reference from the 2021 Proxy Statement - Required information is incorporated by reference from the definitive Proxy Statement for the 2021 Annual Meeting of Shareholders[393](index=393&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=70&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) Information on stock ownership by management and major shareholders, and equity compensation plans, is incorporated by reference from the 2021 Proxy Statement - Required information is incorporated by reference from the definitive Proxy Statement for the 2021 Annual Meeting of Shareholders[394](index=394&type=chunk) [Certain Relationships and Related Transactions, and Director Independence](index=70&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions,%20and%20Director%20Independence) Information regarding related party transactions and director independence is incorporated by reference from the 2021 Proxy Statement - Required information is incorporated by reference from the definitive Proxy Statement for the 2021 Annual Meeting of Shareholders[395](index=395&type=chunk) [Principal Accounting Fees and Services](index=70&type=section&id=Item%2014.%20Principal%20Accounting%20Fees%20and%20Services) Details concerning fees paid to and services provided by the principal accountant are incorporated by reference from the 2021 Proxy Statement - Required information is incorporated by reference from the definitive Proxy Statement for the 2021 Annual Meeting of Shareholders[396](index=396&type=chunk) Part IV [Exhibits and Financial Statement Schedules](index=71&type=section&id=Item%2015.%20Exhibits%20and%20Financial%20Statement%20Schedules) This section lists financial statements and provides a detailed index of all exhibits filed as part of the Form 10-K, including material contracts and certifications - This item lists the financial statements filed with the report and provides an index to all exhibits, such as material contracts and executive compensation plans[398](index=398&type=chunk)[401](index=401&type=chunk) [Form 10-K Summary](index=74&type=section&id=Item%2016.%20Form%2010-K%20Summary) The company did not provide a summary for this item - None[405](index=405&type=chunk)
Shoe Carnival(SCVL) - 2020 Q4 - Earnings Call Transcript
2021-03-25 03:30
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 ...
Shoe Carnival (SCVL) Investor Presentation - Slideshow
2020-11-20 19:14
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 ...
Shoe Carnival(SCVL) - 2020 Q3 - Earnings Call Transcript
2020-11-19 03:35
Shoe Carnival, Inc. (NASDAQ:SCVL) Q3 2020 Earnings Conference Call November 18, 2020 4:30 PM ET Company Participants Cliff Sifford - Vice Chairman, CEO Mark Worden - President and Chief Customer Officer Kerry Jackson - Senior Executive Vice President, Chief Financial & Administrative Officer Conference Call Participants Mitch Kummetz - Pivotal Research Sam Poser - Susquehanna Greg Pendy - Sidoti Chris Svezia - Wedbush Operator Good afternoon and welcome to the Shoe Carnival's Third Quarter Fiscal 2020 Earni ...
Shoe Carnival(SCVL) - 2020 Q2 - Earnings Call Transcript
2020-09-02 04:14
Shoe Carnival, Inc. (NASDAQ:SCVL) Q2 2020 Earnings Conference Call September 1, 2020 4:30 PM ET Company Representatives Cliff Sifford - Vice Chairman, Chief Executive Officer Mark Worden - President, Chief Customer Officer Kerry Jackson - Senior Executive Vice President, Chief Financial & Administrative Officer Conference Call Participants Mitch Kummetz - Pivotal Research Sam Poser - Susquehanna Greg Pendy - Sidoti Chris Svezia - Wedbush Operator Good afternoon, and welcome to the Shoe Carnival, Second Quar ...
Shoe Carnival(SCVL) - 2020 Q1 - Earnings Call Transcript
2020-05-21 03:13
Shoe Carnival, Inc. (NASDAQ:SCVL) Q1 2020 Earnings Conference Call May 20, 2020 4:30 PM ET Company Participants Cliff Sifford - Vice Chairman & Chief Executive Officer Mark Worden - President & Chief Customer Officer Kerry Jackson - Senior Executive Vice President, Chief Financial & Administrative Officer Conference Call Participants Mitch Kummetz - Pivotal Research Group Sam Poser - Susquehanna Greg Pendy - Sidoti Christopher Svezia - Wedbush Operator Good afternoon, and welcome to Shoe Carnival's First Qu ...