secwatch.observer — SEC 8-K summary
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Issuer:     SHOE CARNIVAL INC (SCVL)
CIK:        0000895447
Form:       8-K
Filed at:   2026-05-21T10:15:17+00:00
Accession:  0001193125-26-233317
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895447/000119312526233317/0001193125-26-233317-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895447/000119312526233317/scvl-20260521.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-233317

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