secwatch.observer — SEC 8-K summary
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Issuer:     SHOE CARNIVAL INC (SCVL)
CIK:        0000895447
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0000950170-23-064338
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shoe Carnival Q3 EPS $0.80 vs $1.18; FY23 outlook cut to $2.65-2.75
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- Net sales $319.9M (-6.4% YoY); comparable store sales -7.4% due to unseasonably warm weather.
- Net income $21.9M ($0.80 diluted EPS) vs $32.7M ($1.18) in Q3 FY22.
- Gross margin 36.8%, down 150 bps YoY; 11th straight quarter above 35%.
- FY2023 EPS guidance lowered to $2.65-2.75 (prev. not stated); Q4 EPS expected $0.54-0.64.
- Dividend increased 20% in Sept 2023; $5.4M in share repurchases during Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895447/000095017023064338/0000950170-23-064338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895447/000095017023064338/scvl-20231116.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-064338

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