Shoe Carnival Q3 2024: Revenue & Stock Data

TL;DR

SCVL Q3 2024: Revenue up, stock activity detailed. Check financials.

AI Summary

Shoe Carnival Inc. reported its third-quarter results for the period ending November 2, 2024. The company's fiscal year ends on January 27th. Key financial data points include sales revenue, treasury stock, and restricted stock units, with specific dates like October 28, 2023, and November 2, 2024, marking reporting periods and fiscal year-ends.

Why It Matters

This filing provides investors with Shoe Carnival's latest financial performance and stock-related information, crucial for assessing the company's health and future prospects.

Risk Assessment

Risk Level: medium — The filing contains financial data and mentions risks like geographic concentration, indicating potential vulnerabilities.

Key Numbers

• Q3 2024 — Reporting Period (Third quarter ending November 2, 2024)
• 0127 — Fiscal Year End (The company's fiscal year concludes on January 27th.)

Key Players & Entities

• SHOE CARNIVAL INC (company) — Filer
• 0000895447 (company) — Central Index Key
• 20241102 (date) — Conformed Period of Report
• 20241206 (date) — Filed as of Date
• 0127 (date) — Fiscal Year End
• 7500 EAST COLUMBIA STREET (address) — Business Address
• EVANSVILLE (location) — Business City
• IN (location) — Business State
• 47715 (zip_code) — Business Zip
• 8128676471 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share SCVL The Nasdaq Stock Mar

Filing Documents

• scvl-20241102.htm (10-Q) — 1813KB
• scvl-ex10_5.htm (EX-10.5) — 188KB
• scvl-ex10_6.htm (EX-10.6) — 69KB
• scvl-ex10_7.htm (EX-10.7) — 47KB
• scvl-ex10_8.htm (EX-10.8) — 48KB
• scvl-ex31_1.htm (EX-31.1) — 13KB
• scvl-ex31_2.htm (EX-31.2) — 13KB
• scvl-ex32_1.htm (EX-32.1) — 7KB
• scvl-ex32_2.htm (EX-32.2) — 7KB
• 0000950170-24-133842.txt ( ) — 7305KB
• scvl-20241102.xsd (EX-101.SCH) — 701KB
• scvl-20241102_htm.xml (XML) — 1474KB

Financial Statements (Unaudited)

Financial Statements (Unaudited) Condensed Consolidated Balance Sheets 3 Condensed Consolidated Statements of Income 4 Condensed Consolidated Statements of Shareholders' Equity 5 Condensed Consolidated Statements of Cash Flows 6 Notes to Condensed Consolidated Financial Statements 7 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 15 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 22 Item 4.

Controls and Procedures

Controls and Procedures 22 Part II Other Information Item 1A.

Risk Factors

Risk Factors 23 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 23 Item 5. Other Information 23 Item 6. Exhibits 23 Signature 25 2 SHOE CARNIVAL, INC.

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS SHOE CARNIVAL, INC. CONDENSED CONSOLID ATED BALANCE SHEETS Unaudited (In thousands, except share data) November 2, 2024 February 3, 2024 October 28, 2023 Assets Current Assets: Cash and cash equivalents $ 77,235 $ 99,000 $ 59,895 Marketable securities 13,866 12,247 11,226 Accounts receivable 8,678 2,593 3,105 Merchandise inventories 406,599 346,442 368,344 Other 20,662 21,056 19,469 Total Current Assets 527,040 481,338 462,039 Property and equipment – net 174,171 168,613 164,982 Operating lease right-of-use assets 351,023 333,851 337,833 Intangible assets 40,979 32,600 32,600 Goodwill 18,018 12,023 12,023 Other noncurrent assets 13,198 13,600 13,995 Total Assets $ 1,124,429 $ 1,042,025 $ 1,023,472 Liabilities and Shareholders' Equity Current Liabilities: Accounts payable $ 57,283 $ 58,274 $ 42,944 Accrued and other liabilities 20,050 16,620 21,394 Current portion of operating lease liabilities 58,432 52,981 57,091 Total Current Liabilities 135,765 127,875 121,429 Long-term portion of operating lease liabilities 317,679 301,355 305,322 Deferred income taxes 17,639 17,341 16,647 Deferred compensation 13,449 11,639 9,770 Other 4,239 426 398 Total Liabilities 488,771 458,636 453,566 Shareholders' Equity: Common stock, $ 0.01 par value, 50,000,000 shares authorized and 41,049,190 shares issued in each period, respectively 410 410 410 Additional paid-in capital 87,861 83,738 82,408 Retained earnings 762,489 714,647 702,434 Treasury stock, at cost, 13,874,425 shares, 13,919,326 shares and 13,918,470 shares, respectively ( 215,102 ) ( 215,406 ) ( 215,346 ) Total Shareholders' Equity 635,658 583,389 569,906 Total Liabilities and Shareholders' Equity $ 1,124,429 $ 1,042,025 $ 1,023

View Full Filing

View this 10-Q filing on SEC EDGAR