earnings
confidence high
sentiment positive
materiality 0.80
Shoe Carnival reports record Q4 and FY2021; EPS up 177% and 867% YoY; raises dividend 29%
SHOE CARNIVAL INC
2021-FY EPS reported
$5.42
revenue$1,330,394,000
- Q4 net sales $313.4M (+23.4% YoY); diluted EPS $0.72 (up 177% from $0.26); adjusted EPS $0.83.
- FY2021 net sales $1.33B (+36.2% YoY); diluted EPS $5.42 (record; up from $0.56); adjusted EPS $5.53.
- Completed Shoe Station acquisition December 2021; now expects 10+ new stores in FY2022, accelerating to 20+ in FY2023.
- Board increases quarterly dividend 29% to $0.09/share, payable April 18, 2022 to holders of record April 4.
- FY2022 guidance: net sales +4-7% vs FY2021; EPS $3.80-$4.10; operating income $142M-$154M.