secwatch.observer — SEC 8-K summary
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Issuer:     SHOE CARNIVAL INC (SCVL)
CIK:        0000895447
Form:       8-K
Filed at:   2021-12-03T23:59:59+00:00
Accession:  0001564590-21-059269
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shoe Carnival acquires Shoe Station for $67M in cash; accretive to FY2022 EPS
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- Acquired substantially all assets of Shoe Station for $67M cash, funded from cash on hand.
- Transaction expected to be immediately accretive to diluted EPS in fiscal 2022, adding ~$100M in net sales with operating income >10%.
- Shoe Station CEO G. Brent Barkin appointed SVP, New Business Development & Integration; combined company expects to surpass 400 stores by end of 2022.
- Fifth Amendment to credit agreement raised acquisition capacity from $10M to $75M per 12-month period to support future deals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895447/000156459021059269/0001564590-21-059269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895447/000156459021059269/scvl-8k_20211130.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-059269

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