Welcome to our dedicated page for Shoe Carnival news (Ticker: SCVL), a resource for investors and traders seeking the latest updates and insights on Shoe Carnival stock.
Shoe Carnival, Inc. reports developments for an omnichannel family footwear and accessories retailer operating under the Shoe Carnival and Shoe Station banners. Company news centers on earnings releases, comparable operating performance, store and e-commerce activity, and merchandising across dress, casual and athletic footwear for men, women and children, with emphasis on national name brands.
Recurring updates also include leadership and board matters, shareholder voting topics, cash dividends, share repurchase authorizations, and other capital-structure disclosures tied to its Nasdaq-listed common stock.
Shoe Carnival (Nasdaq: SCVL) has appointed W. Kerry Jackson as Executive Vice President and Chief Financial Officer, effective September 28, 2025. Jackson, who previously served as CFO for 27 years and has 35 years of total experience with the company, rejoined Shoe Carnival in June 2025 as Senior Vice President of New Business Development after retiring in May 2023.
The announcement comes as Shoe Carnival celebrates the opening of its 100th Shoe Station store, with plans to expand to over 215 stores by July 2026. Patrick C. Edwards, the current CFO, will transition to the role of Senior Vice President, Treasurer. Jackson will oversee investor relations and participate in the company's upcoming Q3 2025 earnings call.
Shoe Carnival (Nasdaq: SCVL) has declared a quarterly cash dividend of $0.15 per share, payable on October 20, 2025, to shareholders of record as of October 6, 2025. This marks the company's 54th consecutive quarterly dividend.
CEO Mark Worden highlighted the company's strong financial position, noting positive comparable sales during Back-to-School season and approximately $150 million in cash and securities. The company maintains a debt-free balance sheet and is well-positioned for rebanner investments and strategic opportunities.
Shoe Carnival (NASDAQ:SCVL) reported Q2 2025 results, delivering $0.70 EPS, beating consensus by over 20%. The company achieved a gross profit margin of 38.8%, up 270 basis points year-over-year. Net sales were $306.4 million, down 7.9% from Q2 2024.
The company's transformation strategy focuses on rebranding Shoe Carnival stores to Shoe Station, which has shown stronger performance with 8% comparable sales growth through year-to-date August. The company plans to convert 58 additional stores in H2 2025, aiming to reach 215 Shoe Station stores by Back-to-School 2026, representing over 51% of the fleet.
For fiscal 2025, SCVL updated guidance with net sales of $1.12-1.15 billion and EPS of $1.70-2.10. The company maintains a strong financial position with zero debt and $91.9 million in cash and equivalents.
Shoe Carnival (Nasdaq: SCVL), a leading family footwear and accessories retailer, has scheduled its second quarter 2025 earnings release for September 4, 2025, before market open. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the results.
Investors can access the earnings call webcast through the Investors section of Shoe Carnival's website. The conference call replay will be available online for one year after the event.
Shoe Carnival (Nasdaq: SCVL) has declared a quarterly cash dividend of $0.15 per share, payable on July 21, 2025, to shareholders of record as of July 7, 2025. This represents the company's 53rd consecutive quarterly dividend, marking an 11% increase from the previous year's second quarter and a 233% increase over the dividend from five years ago.
CEO Mark Worden highlighted the company's strong financial position, noting they operate with no debt and generate solid cash flow. This financial strength positions them to execute their rebanner and M&A growth strategies as they pursue their vision of becoming the nation's leading family footwear retailer.
Shoe Carnival (NASDAQ: SCVL), a leading family footwear and accessories retailer, has scheduled its first quarter 2025 earnings release for May 30, 2025, before market opening. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the quarterly results. Investors can access the webcast through the Investors section of Shoe Carnival's website, with the replay available for one year after the call.
Shoe Carnival (SCVL) reported its Q4 and fiscal 2024 results, achieving the high end of annual EPS expectations with GAAP EPS of $2.68 and Adjusted EPS of $2.72. The company posted annual sales growth of 2.3% to $1.203 billion, driven by Shoe Station's industry-leading 5.7% growth and Rogan's Shoes acquisition contribution of over $80 million.
The company announced a significant strategic shift, planning to rebanner 175 stores to Shoe Station over the next 24 months, which will result in 51% of their fleet operating under the Shoe Station banner. For fiscal 2025, they expect to convert 50-75 stores, with an estimated $20-25 million impact on operating income.
Q4 2024 net sales were $262.9 million, with net income of $14.7 million ($0.53 per share). The company maintained strong financial health, marking its 20th consecutive year without debt, with $123.1 million in cash and equivalents. The Board approved an 11.1% dividend increase to 15.0 cents per share.
Shoe Carnival (SCVL) has announced an 11.1% increase in its quarterly cash dividend to $0.15 per share, raising the annualized dividend rate to $0.60 per share. The dividend will be paid on April 21, 2025, to shareholders of record as of April 7, 2025.
This marks the company's 52nd consecutive quarterly dividend and 11th consecutive year of dividend increases. The new annualized dividend rate represents a 238% increase compared to the rate paid to shareholders five years ago. CEO Mark Worden stated this increase demonstrates confidence in delivering growth and enhancing shareholder returns.