Shoe Carnival, Inc.
- Open
- 14.72
- Day high
- 14.81
- Day low
- 14.47
- Prev close
- 14.76
- Volume
- 5K
- Mkt cap
- $399M
- P/E (TTM)
- 10.7
- EPS (TTM)
- $1.36
- P/B
- 0.6
- P/S
- 0.4
- Yield
- 4.40%
- Per share
- $0.64
Shoe Carnival, Inc. (SCVL) is a Consumer Cyclical company listed on NASDAQ. The stock is down 29% over the past year.
Shoe Carnival, Inc. (SCVL) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
SCVL earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 21, 2026 | $0.20 | $0.23 | +15.0% | $271M | +0.7% |
| Mar 26, 2026 | $0.33 | $0.33 | +0.0% | $254M | +0.1% |
| Nov 20, 2025 | $0.53 | $0.53 | +0.0% | $297M | +15.7% |
| Sep 4, 2025 | $0.55 | $0.70 | +27.3% | $306M | +2.1% |
| May 30, 2025 | $0.27 | $0.34 | +25.9% | $278M | -12.8% |
| Mar 20, 2025 | $0.42 | $0.54 | +28.6% | $263M | -4.1% |
| Nov 21, 2024 | $0.71 | $0.71 | +0.0% | $307M | -3.2% |
| Sep 5, 2024 | $0.83 | $0.83 | +0.0% | $333M | +0.8% |
| May 23, 2024 | $0.60 | $0.64 | +6.7% | $300M | +1.3% |
| Mar 21, 2024 | $0.59 | $0.59 | +0.0% | $280M | -0.0% |
| Nov 16, 2023 | $0.97 | $0.80 | -17.5% | $320M | +13.6% |
| Aug 29, 2023 | $0.84 | $0.71 | -15.5% | $295M | +2.9% |
SCVL insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 11, 2026 | WEAVER WAYNE Jdirector, 10 percent owner, officer: CHAIRMAN OF THE BOARD | Grant | 6,007 | — |
| Jun 11, 2026 | Tomm Charles B.director | Grant | 6,007 | — |
| Jun 11, 2026 | Randolph Dianedirector | Grant | 6,007 | — |
| Jun 11, 2026 | ASCHLEMAN JAMES Adirector | Grant | 6,007 | — |
| Jun 11, 2026 | WEAVER DELORES B10 percent owner | Grant | 6,007 | — |
| Jun 11, 2026 | Guthrie Andrea R.director | Grant | 6,007 | — |
| Jun 11, 2026 | WEAVER DELORES B10 percent owner | Tax | 1,600 | $16.65 |
| Jun 11, 2026 | WEAVER WAYNE Jdirector, 10 percent owner, officer: CHAIRMAN OF THE BOARD | Tax | 1,600 | $16.65 |
| Apr 6, 2026 | JACKSON W KERRYofficer: EVP - CFO | Buy | 31,000 | $16.13 |
| Apr 2, 2026 | Chilton Marc A.officer: SEVP-Chief Operating Officer | Tax | 4,355 | $15.38 |
| Apr 2, 2026 | Gordon Tanya E.officer: EVP - CHIEF MERCHANDISE OFF. | Tax | 1,981 | $15.38 |
| Mar 5, 2026 | Chilton Marc A.officer: SEVP-Chief Operating Officer | Grant | 13,183 | — |
| Mar 5, 2026 | Chilton Marc A.officer: SEVP-Chief Operating Officer | Grant | 18,032 | — |
| Mar 5, 2026 | JACKSON W KERRYofficer: EVP - CFO | Grant | 14,040 | — |
| Mar 5, 2026 | SIFFORD CLIFTON Edirector, officer: VICE CHAIR, INTERIM PRES & CEO | Grant | 112,220 | — |
Source: SCVL SEC Form 4 filings, latest Jun 11, 2026. For informational purposes only — not investment advice.
See the full SCVL insider & 13F page →Shoe Carnival, Inc. company profile
Overview
Shoe Carnival, Inc. (NASDAQ:SCVL) is a family footwear retailer founded in 1978 and headquartered in Evansville, Indiana. The company went public in 1993 and has grown from a single store concept to become one of the largest family footwear retailers in the United States. Today, Shoe Carnival operates over 400 stores across 35 states and Puerto Rico under two primary banners: the traditional Shoe Carnival format and the higher-end Shoe Station concept. The company has been undergoing a strategic transformation in recent years, pivoting toward expanding its more profitable Shoe Station banner while also pursuing growth through acquisitions, including the 2024 purchase of Rogan's Shoes.
Business
Shoe Carnival operates in the family footwear retail industry, selling shoes and accessories for men, women, and children across multiple categories. The company's core business involves operating physical retail stores that offer a wide selection of footwear ranging from athletic shoes to dress shoes, casual footwear, work boots, sandals, and seasonal items like boots. The retail footwear industry is highly competitive and seasonal, with key selling periods including back-to-school season, holidays, and spring/summer sandal seasons. The company operates under two distinct retail banners that serve different market segments. Shoe Carnival represents the traditional banner with approximately 372 locations, targeting value-conscious families with a carnival-themed shopping experience and promotional pricing strategies. Shoe Station operates 21 locations primarily in the Southeast, positioning itself as a higher-end concept that targets more affluent customers with premium brands and a more upscale store aesthetic. Based on recent financial performance, Shoe Station generates approximately 8-10% of total company sales but shows significantly stronger growth rates. The company also operates an e-commerce platform through shoecarnival.com and mobile applications, though digital sales represent a smaller portion of total revenue. Additionally, Shoe Carnival recently acquired Rogan's Shoes, a 28-store chain specializing in work boots and outdoor footwear, which contributed approximately $80 million in annual sales and strengthens the company's presence in the work boot category.
Revenue model
Shoe Carnival generates revenue primarily through direct product sales to consumers, operating on a traditional retail markup model. The company purchases footwear inventory from various manufacturers and brands, then sells these products at retail prices through its physical stores and online channels. Customers pay at the point of sale, providing immediate cash flow without the complexity of subscription or recurring revenue models. The company's business model relies heavily on inventory management and promotional strategies to drive traffic during key selling seasons. Shoe Carnival uses a data-driven customer relationship management (CRM) system with over 31 million loyalty program members to create targeted promotions and drive repeat purchases. The loyalty program, called Shoe Perks, helps the company maintain customer relationships and gather purchasing data to optimize inventory and marketing strategies. Several factors significantly impact the company's profitability margins. Seasonal demand patterns create substantial volatility, with back-to-school and holiday periods driving higher sales volumes and better margins, while non-event periods often require promotional pricing that compresses margins. Weather conditions dramatically affect seasonal merchandise sales, particularly boots and sandals, as unseasonably warm or cold weather can leave the company with excess inventory requiring markdowns. Economic conditions disproportionately affect Shoe Carnival's core customer base of lower-to-middle income families, as discretionary spending on footwear tends to decline during economic uncertainty. Supply chain disruptions and tariffs can increase product costs, though the company works with vendors to mitigate some of these impacts. Competitive pressure from other footwear retailers, department stores, and online retailers forces promotional pricing strategies that can erode margins during slower periods.
Competitive moat
Shoe Carnival operates in a highly competitive retail environment with limited sustainable competitive advantages. The company's primary moat elements are relatively modest and include its scale advantages in purchasing, which allow for better vendor terms and exclusive product arrangements, and its extensive physical store network that provides convenient access for customers who prefer to try on shoes before purchasing. The company's customer loyalty program with over 31 million members creates some switching costs and provides valuable customer data for targeted marketing, though this advantage is not particularly defensible as competitors can implement similar programs. The Shoe Station banner positioning in higher-income markets provides some differentiation and better margins, but this concept is still relatively small and faces competition from established premium footwear retailers. The footwear retail industry faces significant competitive threats from multiple directions. E-commerce giants like Amazon offer vast selection, competitive pricing, and convenient delivery, while direct-to-consumer brands bypass traditional retail markup by selling directly to customers. Department stores and discount retailers like Target and Walmart compete aggressively on price for basic footwear categories. Specialty athletic retailers like Foot Locker and Dick's Sporting Goods compete for the athletic footwear market with stronger brand relationships and exclusive product releases. The company's moat is relatively weak, as footwear retail is fundamentally a low-margin, highly competitive business with limited barriers to entry. Success depends more on operational execution, inventory management, and marketing effectiveness rather than sustainable competitive advantages. The ongoing strategic shift toward the higher-end Shoe Station concept represents an attempt to build a stronger market position, but this transformation is still in early stages and faces execution risks.
Risks & safety
Shoe Carnival demonstrates a strong financial position with adequate margin of safety, though the retail nature of the business creates inherent volatility risks. • Liquidity and Solvency: Excellent financial position with $108.7 million in cash, no debt, and a current ratio of 4.1x, providing substantial cushion for operational challenges or economic downturns • Cash Generation: Positive free cash flow of $69.5 million in fiscal 2024, though this can be volatile due to seasonal inventory requirements and capital expenditures for store remodeling • Valuation Metrics: Trading at reasonable multiples with P/E ratio of 10.0x and EV/EBITDA of 7.7x based on fiscal 2024 results, suggesting the stock is not overvalued • Debt Levels: Minimal debt with debt-to-equity ratio of 0.57x, primarily consisting of operating leases rather than financial debt • Operational Risks: Inventory represents a significant portion of current assets at $400+ million, creating risk if fashion trends shift or economic conditions deteriorate rapidly; the company's dependence on seasonal sales patterns and lower-income customer segments adds volatility to cash flows
Recent development
Over the past few years, Shoe Carnival has executed several strategic initiatives to transform its business model and drive growth. The most significant development is the strategic expansion of the Shoe Station banner, which the company announced plans to scale from a regional concept to a national retailer. Management plans to rebanner 50-75 existing Shoe Carnival stores to the Shoe Station format in fiscal 2025, with the goal of having 51% of the total store fleet operating as Shoe Station by fiscal 2026. This transformation is based on successful test results showing over 10% sales increases and 20% profit improvements in converted stores. The company completed the acquisition of Rogan's Shoes in February 2024, adding 28 stores specializing in work boots and outdoor footwear across Wisconsin, Minnesota, and Illinois. This acquisition, which contributed $80 million in annual sales, strengthens Shoe Carnival's presence in the work boot category and provides synergy opportunities that management expects to reach $2.5 million annually. Shoe Carnival has also invested heavily in digital marketing and customer relationship management capabilities. The company launched a digital-first marketing strategy that has shown improved customer engagement across demographics and geographies. The loyalty program has grown to over 31 million members, and the company has integrated advanced CRM capabilities across both retail banners to enable more targeted promotional strategies. Store modernization has been another key focus, with management remodeling approximately 55% of the store fleet to create a more contemporary shopping experience. The company continues to pursue measured store expansion, targeting 500+ total locations by 2028 while optimizing the mix between traditional Shoe Carnival and higher-performing Shoe Station formats.
SCVL company profile · for informational purposes only — not investment advice.
Track SCVL with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free