Shoe Carnival Declares Increased Quarterly Cash Dividend and Sets Date for Fourth Quarter 2025 Earnings Release

Core Viewpoint - Shoe Carnival, Inc. has declared an increased quarterly cash dividend and scheduled its fourth quarter 2025 earnings release, reflecting confidence in its growth strategies and financial strength [1][2]. Dividend Announcement - The Board of Directors approved a quarterly cash dividend of $0.17 per share, marking a 13.3% increase from the previous quarter and raising the annualized dividend rate to $0.68 per share [1]. - This increase represents the 12th consecutive year of dividend growth, with the annualized rate rising from $0.12 to $0.68 per share, equating to a compounded annual growth rate of approximately 15.5% [1]. Financial Position - As of the end of Fiscal 2025, the company held over $130 million in cash and securities, indicating a strong balance sheet [1]. - Future dividend declarations will depend on the company's operational results, financial condition, and other relevant factors as assessed by the Board of Directors [1]. Earnings Release Schedule - The fourth quarter 2025 financial results will be released on March 26, 2026, prior to market opening [1]. - A quarterly conference call will be held at 9:00 a.m. Eastern Time on the same day to discuss the results and outlook for Fiscal 2026 [1]. Company Overview - Shoe Carnival, Inc. is a leading retailer of family footwear and accessories, operating 426 stores across 35 states and Puerto Rico under the Shoe Carnival and Shoe Station brands [1]. - The company emphasizes a broad assortment of dress, casual, and athletic footwear, focusing on national name brands [1].