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. (SCVL) generates frequent news as a family footwear retailer listed on Nasdaq and operating in the shoe stores segment of the retail trade sector. Company press releases highlight its position as one of the nation’s largest family footwear retailers, offering dress, casual and athletic footwear for men, women and children with emphasis on national name brands. News coverage often references its Shoe Carnival and Shoe Station banners, and at times Rogan's store fronts, across hundreds of stores in multiple states and Puerto Rico, along with its e-commerce platforms.
Investors and followers of SCVL news will see regular updates on quarterly earnings results, preliminary financial performance and outlook revisions. The company issues detailed releases on its second and third quarter results, including commentary on comparable sales trends, gross margin performance and the impact of its rebanner strategy. These earnings announcements are typically accompanied by conference call details and webcasts for further discussion of results and strategy.
Another recurring theme in Shoe Carnival news is its One Banner Strategy and the growth of the Shoe Station banner. The company reports on the number of completed rebanner conversions, the relative performance of Shoe Station versus Shoe Carnival, and the expected structural benefits of consolidating to one primary banner. News items also cover strategic initiatives such as proposed corporate name changes tied to this strategy and integration of acquisitions like Rogan's into the Shoe Station banner.
Capital allocation decisions feature prominently in SCVL headlines. The Board of Directors regularly announces quarterly cash dividends and updates on consecutive dividend history, as well as new and existing share repurchase authorizations funded from cash on hand. Leadership and governance updates, including executive appointments and annual shareholder meeting results, also appear in the company’s news flow. For a consolidated view of these developments, this page brings together Shoe Carnival news releases and related market updates so readers can follow how operating performance, strategic transformation and capital return policies evolve over time.
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.
Shoe Carnival (SCVL) has scheduled the release of its fourth quarter and fiscal year 2024 financial results for Thursday, March 20, 2025, before market opening. The footwear and accessories retailer will host a conference call to discuss the results at 9:00 a.m. Eastern Time.
The earnings call will be accessible via webcast through the Investors section of the company's website. An online replay will be made available shortly after the call and remain accessible for one year.
Shoe Carnival (SCVL) has announced two significant shareholder-focused initiatives. First, the company declared a quarterly cash dividend of $0.135 per share, payable on January 27, 2025, to shareholders of record as of January 13, 2025, marking their 51st consecutive quarterly dividend. Second, the Board approved a new $50 million share repurchase program effective January 1, 2025, replacing an existing program set to expire December 31, 2024.
The company plans to fund the repurchase program from cash on hand, highlighting their debt-free operations and strong cash flow position. Purchases may be made through open market or private transactions through December 31, 2025, with potential implementation through a Rule 10b5-1 plan.
Shoe Carnival (SCVL) reported Q3 fiscal 2024 results with net sales of $306.9 million, down from $319.9 million in Q3 2023, primarily due to a retail calendar shift. The company achieved GAAP EPS of $0.70 and Adjusted EPS of $0.71, meeting expectations. Year-to-date net sales grew 4.9% to $939.9 million. Gross profit margin was 36.0%, marking the 15th consecutive quarter above 35%. The company reiterated its full-year 2024 EPS guidance of $2.55-$2.70 and plans to expand its store rebannering strategy to 25 additional stores in first half of 2025.
Shoe Carnival (SCVL) has announced it will release its third quarter 2024 financial results on Thursday, November 21, 2024, before the market opens. 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, and the replay will be available online for one year.