secwatch.observer — SEC 8-K summary
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Issuer:     SHOE CARNIVAL INC (SCVL)
CIK:        0000895447
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0000950170-23-009042
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895447/000095017023009042/0000950170-23-009042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895447/000095017023009042/scvl-20230322.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-009042

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