---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-044884"
form_type: "8-K"
ticker: "SCVL"
cik: "0000895447"
company_name: "SHOE CARNIVAL INC"
filed_at: "2023-08-29T23:59:59+00:00"
generated_at: "2026-06-11T02:42:53.422427+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Shoe Carnival Q2 net sales $294.6M (-5.7% YoY), EPS $0.71; FY guidance EPS $3.10-$3.25

## Summary
- Net sales $294.6M, down 5.7% YoY; comparable store sales down 6.5%.
- Diluted EPS $0.71 vs $1.04 prior year; gross profit margin 35.8% (down 40 bps).
- FY2023 guidance: EPS $3.10-$3.25, net sales $1.19-$1.21B, comp store sales -8% to -6%.
- August back-to-school sales among highest months in history; product margins near record highs.
- Inventory expected below prior year levels in Sept; year-end inventory target ~$40M lower vs 2022.

## SEC filing metadata
- accession: 0000950170-23-044884
- form_type: 8-K
- ticker: SCVL
- cik: 0000895447
- company_name: SHOE CARNIVAL INC
- filed_at: 2023-08-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895447/000095017023044884/0000950170-23-044884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895447/000095017023044884/scvl-20230829.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-044884
- JSON: https://secwatch.observer/filing/0000950170-23-044884.json
- Plain text: https://secwatch.observer/filing/0000950170-23-044884.txt

## Key facts
- Earnings Releases
  SHOE CARNIVAL INC reported second quarter ended July 29, 2023 results: revenue $294.6 million, net income $19.4 million, EPS $0.71 per diluted share. Guidance reaffirmed.
  - Period: second quarter ended July 29, 2023
  - Revenue: $294.6 million
  - Net income: $19.4 million
  - EPS: $0.71 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net sales were $294.6 million, down 5.7 percent in the quarter compared to second quarter 2022, with comparable store sales down 6.5 percent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895447/000095017023044884/0000950170-23-044884-index.htm

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