Shoe Carnival Q4 sales slightly beat estimates

Shoe Station

26/03/2026 10:20

Overview

U.S. footwear retailer's Q4 sales slightly beat analyst expectations

Fiscal 2025 net sales fell 5.6%, with Shoe Station banner sales up 2.7% organically

In March 2026, Board approved a raise in quarterly dividend to $0.17 per share, marking 12th consecutive annual increase

Outlook

Shoe Carnival sees fiscal 2026 net sales about flat, ranging from down 1% to up 1%

Company expects fiscal 2026 gross profit margin of about 34%, down 260 basis points from 2025

Shoe Carnival expects fiscal 2026 adjusted EPS of $1.40 to $1.60

Result Drivers

LOWER-INCOME PRESSURE - Co said Shoe Carnival banner sales declined due to continued pressure on lower-income consumers and reduced promotional marketing

REBANNER INVESTMENTS - Co said rebanner investments reduced Q4 EPS by about $0.08, mainly impacting selling, general and administrative expenses

MERCHANDISE MARGIN EXPANSION - Co said merchandise margin expanded 30 basis points in Q4, offset by higher buying, distribution, and occupancy costs

Company press release: ID:nBwbN3gjda

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Beat*
$254.07 mln
$253.84 mln (3 Analysts)
Q4 EPS
$0.33
Q4 Net Income
$9.06 mln
Q4 Gross Profit
$88.73 mln
Q4 Operating Income
$10.94 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

Wall Street's median 12-month price target for Shoe Carnival Inc is $23.00, about 28.7% above its March 25 closing price of $17.87

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)