Here are the 10-Q quarterly reports from Shoe Carnival Inc (SCVL) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SCVL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SCVL filings page.
Shoe Carnival, Inc. reported a first quarter 2026 net loss of $5.6 million, or $(0.21) per diluted share, compared with net income of $9.3 million, or $0.34, a year earlier. Results were heavily affected by $13.6 million of CEO transition and strategic review charges.
Net sales were $270.7 million, down 2.5%, with comparable store sales down 2.1%. Gross margin fell to 33.3% from 34.5%, mainly from higher promotions and costs. The company plans to close up to 24 underperforming stores over fiscal 2026–2027 while keeping both Shoe Carnival and Shoe Station as permanent banners.
Despite the loss, Shoe Carnival ended the quarter with $129.3 million in cash, cash equivalents and marketable securities, no debt and working capital of $429.0 million. Inventory was $417.2 million, down 2.6% year over year, and the company targets total inventory reductions of $50–$65 million by fiscal 2026 year-end, aided by increased promotional activity. Shareholders received $5.0 million in dividends and $7.0 million of buybacks during the quarter.
Shoe Carnival, Inc. operates Shoe Carnival, Shoe Station and Rogan's storefronts and e-commerce across 35 states and Puerto Rico, offering branded footwear and accessories. The filing notes 50,000,000 shares authorized with 41,049,190 shares issued and roughly 13.87 million shares outstanding in each period. The Rogan's acquisition added 28 store locations in Wisconsin, Minnesota and Illinois, positioned the company as a market leader in Wisconsin and began inclusion of Rogan's in comparable-store calculations in Q2 2025. The company reported $20.0 million and $39.0 million for the thirteen- and twenty-six-week periods ended August 2, 2025, compared with $22.0 million and $41.6 million in comparable prior periods; acquisition-related costs of $97,000 and $418,000 were expensed in the thirteen- and twenty-six-week periods ended August 3, 2024, with no such costs in 2025. No goodwill or intangible impairments were recorded for the twenty-six-week periods. Management uses consolidated Net Income as the CODM performance metric. The Board authorized a $50.0 million share repurchase program for 2025.