secwatch.observer — SEC 8-K summary
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Issuer:     SHOE CARNIVAL INC (SCVL)
CIK:        0000895447
Form:       8-K
Filed at:   2022-05-18T23:59:59+00:00
Accession:  0000950170-22-010229
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shoe Carnival Q1 EPS $0.95 beats, raises FY2022 EPS guidance to $3.95-$4.15; sales up 25% vs 2019
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- Q1 diluted EPS of $0.95 (vs $0.46 in Q1 2019 pre-pandemic); net sales $317.5M, up 25.1% from Q1 2019.
- Gross profit margin 35.5% (600 bps above Q1 2019); operating margin 11.1% (500 bps above pre-pandemic).
- FY2022 EPS guidance raised to $3.95-$4.15 from $3.80-$4.10; sales growth reaffirmed at 4-7% YoY.
- Opened 2 new stores in Q1; plans 10 new stores in FY2022; store count to exceed 400 by year-end.
- Repurchased 682,886 shares for $20.5M in Q1; $29.5M remaining under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895447/000095017022010229/0000950170-22-010229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895447/000095017022010229/scvl-20220518.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-010229

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