---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-009042"
form_type: "8-K"
ticker: "SCVL"
cik: "0000895447"
company_name: "SHOE CARNIVAL INC"
filed_at: "2023-03-22T23:59:59+00:00"
generated_at: "2026-06-17T21:55:16.313311+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shoe Carnival reports Q4 EPS $0.79, record vs 2019; raises dividend 11%; guides FY2023 EPS $3.96-$4.20

## Summary
- Q4 net sales $290.8M (-7.2% YoY); GAAP EPS $0.79 vs $0.72 Q4 2021 (adjusted $0.83).
- Full year 2022 EPS $3.96, up 171% vs 2019; operating margin 11.6% vs 5.2% in 2019.
- Board raises quarterly dividend 11% to $0.10/share, payable April 17, 2023 to holders of record April 3.
- FY2023 guidance: EPS $3.96-$4.20, net sales $1.26B-$1.32B, comparable store sales -2% to +2%.
- Expects to surpass 500 stores by 2028; currently 397 stores; plans to reduce inventory ~$40M in 2023.

## SEC filing metadata
- accession: 0000950170-23-009042
- form_type: 8-K
- ticker: SCVL
- cik: 0000895447
- company_name: SHOE CARNIVAL INC
- filed_at: 2023-03-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895447/000095017023009042/0000950170-23-009042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895447/000095017023009042/scvl-20230322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-009042
- JSON: https://secwatch.observer/filing/0000950170-23-009042.json
- Plain text: https://secwatch.observer/filing/0000950170-23-009042.txt

## Key facts
- Earnings Releases
  SHOE CARNIVAL INC reported the fourth quarter ended January 28, 2023 results: revenue $ 290,779, net income $ 21,610, EPS $ 0.79. Guidance initiated.
  - Period: the fourth quarter ended January 28, 2023
  - Revenue: $ 290,779
  - Net income: $ 21,610
  - EPS: $ 0.79
  - Guidance: initiated
  - Result: reported results
  source text: Thirteen Weeks Ended January 28, February 1, January 30, January 29, 2023 2020 2021 2022 Net sales $ 290,779 $ 239,875 $ 253,897 $ 313,371 Gross profit $ 111,322 $ 69,900 $ 78,152 $ 116,821 Gross profit margin 38.3 % 29.1 % 30.8 % 37.3 % SG&A as a percentage of net sales 28.4 % 27.1 % 26.6 % 28.4 % Operating income margin 9.9 % 2.0 % 4.2 % 8.9 % Reported Net income $ 21,610 $ 3,483 $ 7,443 $ 20,591 Diluted net income per share ("EPS") $ 0.79 $ 0.12 $ 0.26 $ 0.72 Non-GAAP Adjusted net income $ 23,828 Adjusted EPS $ 0.83
  evidence_url: https://www.sec.gov/Archives/edgar/data/895447/000095017023009042/0000950170-23-009042-index.htm
- Earnings Releases
  SHOE CARNIVAL INC reported the fiscal year ended January 28, 2023 results: revenue $ 1,262,235, net income $ 110,068, EPS $ 3.96. Guidance initiated.
  - Period: the fiscal year ended January 28, 2023
  - Revenue: $ 1,262,235
  - Net income: $ 110,068
  - EPS: $ 3.96
  - Guidance: initiated
  - Result: reported results
  source text: Fifty-Two Weeks Ended January 28, February 1, January 30, January 29, 2023 2020 2021 2022 Net sales $ 1,262,235 $ 1,036,551 $ 976,765 $ 1,330,394 Gross profit $ 468,164 $ 311,869 $ 279,982 $ 526,787 Gross profit margin 37.1 % 30.1 % 28.7 % 39.6 % SG&A as a percentage of net sales 25.5 % 24.9 % 26.5 % 24.0 % Operating income margin 11.6 % 5.2 % 2.2 % 15.6 % Reported Net income $ 110,068 $ 42,914 $ 15,991 $ 154,881 Diluted net income per share ("EPS") $ 3.96 $ 1.46 $ 0.56 $ 5.42 Non-GAAP Adjusted net income $ 158,118 Adjusted EPS $ 5.53
  evidence_url: https://www.sec.gov/Archives/edgar/data/895447/000095017023009042/0000950170-23-009042-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.