---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-014621"
form_type: "8-K"
ticker: "SCVL"
cik: "0000895447"
company_name: "SHOE CARNIVAL INC"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T04:00:33.012149+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Shoe Carnival acquires Rogan's Shoes for $45M; preliminary FY2023 sales $1.176B

## Summary
- Acquired Rogan's Shoes for $45M initial cash; up to $5M contingent on 3-year performance.
- Acquisition expected to generate ~$84M sales and ~$10M operating income post-integration; accretive to FY2024 earnings.
- Preliminary FY2023 net sales $1.176B; diluted EPS in mid-range of $2.65-$2.75 guidance.
- Inventory reduced over $40M YoY; ended FY2023 with >$110M cash, no debt for 19th consecutive year.
- Combined Shoe Station + Rogan's banner sales expected to surpass $200M by FY2025; store count reaches 429.

## SEC filing metadata
- accession: 0000950170-24-014621
- form_type: 8-K
- ticker: SCVL
- cik: 0000895447
- company_name: SHOE CARNIVAL INC
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895447/000095017024014621/0000950170-24-014621-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895447/000095017024014621/scvl-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-014621
- JSON: https://secwatch.observer/filing/0000950170-24-014621.json
- Plain text: https://secwatch.observer/filing/0000950170-24-014621.txt

## Key facts
- Earnings Releases
  SHOE CARNIVAL INC reported fiscal year ended February 3, 2024 results: revenue net sales of $1.176 billion, EPS between $2.65 - $2.75.
  - Period: fiscal year ended February 3, 2024
  - Revenue: net sales of $1.176 billion
  - EPS: between $2.65 - $2.75
  - Result: preliminary results
  source text: For the fiscal year ended February 3, 2024, the Company achieved the high end of management’s sales expectations with net sales of $1.176 billion, driven by strong sales growth during the December holiday period. Diluted earnings per share are in line with expectations to be between $2.65 - $2.75, with preliminary results in the mid-range, excluding any transaction costs related to the Rogan’s acquisition.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895447/000095017024014621/0000950170-24-014621-index.htm

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