---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-233317"
form_type: "8-K"
ticker: "SCVL"
cik: "0000895447"
company_name: "SHOE CARNIVAL INC"
filed_at: "2026-05-21T10:15:17+00:00"
generated_at: "2026-05-21T10:21:02.516244+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Shoe Carnival Q1 adj EPS $0.23 in line, GAAP loss $(0.21) on $13.6M charges; reaffirms FY26 guidance

## Summary
- Net sales $270.7M, down 2.5% YoY from $277.7M; Shoe Carnival banner -2.2%, Shoe Station -3.1%.
- GAAP diluted loss $(0.21) per share; adjusted EPS $0.23, matching consensus analyst expectations.
- Pretax charges of $13.6M: $5.3M for CEO transition, $8.3M for strategic review (store impairment, fixed asset write-offs).
- Cash $129.3M, debt-free; returned $12M to shareholders via dividends ($0.17/sh, up 13.3%) and $7M buybacks.
- Reaffirms FY26 guidance: net sales $1.125-$1.147B, adjusted EPS $1.40-$1.60, gross margin ~34%.

## SEC filing metadata
- accession: 0001193125-26-233317
- form_type: 8-K
- ticker: SCVL
- cik: 0000895447
- company_name: SHOE CARNIVAL INC
- filed_at: 2026-05-21T10:15:17+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895447/000119312526233317/0001193125-26-233317-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895447/000119312526233317/scvl-20260521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-233317
- JSON: https://secwatch.observer/filing/0001193125-26-233317.json
- Plain text: https://secwatch.observer/filing/0001193125-26-233317.txt

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