---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-034416"
form_type: "8-K"
ticker: "SCVL"
cik: "0000895447"
company_name: "SHOE CARNIVAL INC"
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T11:06:31.985192+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Shoe Carnival Q4 EPS $0.57; guides FY24 sales growth 4-6%, raises dividend 12.5%

## Summary
- Q4 net sales $280.2M (-3.6% YoY); GAAP EPS $0.57, adjusted $0.59. FY23 sales $1.176B, GAAP EPS $2.68.
- FY24 guidance: net sales $1.21-1.25B (+4-6%); GAAP EPS $2.50-2.70, adjusted $2.55-2.75.
- Dividend increased 12.5% to $0.135/quarter (annualized $0.54), payable April 22, 2024 to holders of record April 8.
- Rogan's acquisition ($45M cash) closed Feb 2024; synergy target raised to ~$2.5M/year, fully captured by FY25.
- Ended FY23 with $111M cash and no debt; inventory reduced 11.3% YoY; plans 430-432 stores by end FY24.

## SEC filing metadata
- accession: 0000950170-24-034416
- form_type: 8-K
- ticker: SCVL
- cik: 0000895447
- company_name: SHOE CARNIVAL INC
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895447/000095017024034416/0000950170-24-034416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895447/000095017024034416/scvl-20240321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-034416
- JSON: https://secwatch.observer/filing/0000950170-24-034416.json
- Plain text: https://secwatch.observer/filing/0000950170-24-034416.txt

## Key facts
- Earnings Releases
  SHOE CARNIVAL INC updated its the fourth quarter and fiscal year ended February 3, 2024 guidance (initiated).
  - Period: the fourth quarter and fiscal year ended February 3, 2024
  - Guidance: initiated
  - Result: reported results
  source text: On March 21, 2024, Shoe Carnival, Inc. (the "Company") issued a press release announcing its operating and financial results for its fiscal year and fourth quarter ended February 3, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895447/000095017024034416/0000950170-24-034416-index.htm

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