earnings
confidence high
sentiment negative
materiality 0.80
Shoe Station Q2 net income $6.3M vs $19.2M; lowers FY2026 EPS guidance
SHOE CARNIVAL INC
- Net sales $284.3M, down 7.1% comps; Shoe Carnival -6.5%, Shoe Station -8.4%.
- Gross margin 31.9% vs 38.8% on promotional activity and inventory liquidation.
- Net income $6.3M ($0.23 diluted) vs $19.2M ($0.70) in Q2 2025.
- FY2026 guidance cut: net sales $1.100-1.111B, GAAP EPS $0.32-0.47, adjusted EPS $0.75-0.90.
- August back-to-school comps improved to -2.7%; company debt-free with $131.6M cash.