SHOE CARNIVAL Sets Q4/FY23 Earnings Release for March 19

TL;DR

**Shoe Carnival (SCVL) will drop Q4/FY23 earnings on March 19th, get ready for potential stock movement.**

AI Summary

SHOE CARNIVAL, INC. filed an 8-K on February 13, 2024, to announce the date of its fourth quarter and fiscal year 2023 earnings release and conference call. The company will release its financial results on March 19, 2024, before the market opens, and host a conference call at 8:30 a.m. Eastern Time. This matters to investors because it sets the expectation for when they will receive crucial financial performance updates, which can significantly impact the stock price (SCVL).

Why It Matters

This filing is important because it provides the official date for Shoe Carnival's upcoming financial results, which will offer insights into the company's recent performance and future outlook. Investors will be looking for key metrics like sales, profit, and guidance to assess the company's health.

Risk Assessment

Risk Level: low — This filing is purely administrative, announcing an upcoming event, and does not contain any new financial information or operational changes that would introduce immediate risk.

Analyst Insight

A smart investor would mark March 19, 2024, on their calendar and prepare to analyze Shoe Carnival's Q4/FY23 earnings report and listen to the conference call for insights into the company's performance and future guidance before making any trading decisions.

Key Players & Entities

• SHOE CARNIVAL, INC. (company) — the registrant filing the 8-K
• February 13, 2024 (date) — date of earliest event reported
• March 19, 2024 (date) — date of earnings release and conference call
• 8:30 a.m. Eastern Time (time) — start time of the conference call
• SCVL (company) — trading symbol for Shoe Carnival, Inc.

Forward-Looking Statements

• SHOE CARNIVAL's stock (SCVL) will experience increased volatility around March 19, 2024. (SCVL) — high confidence, target: 2024-03-19
• Analysts will issue updated price targets and ratings for SCVL following the earnings release. (SCVL) — medium confidence, target: 2024-03-20

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share SCVL The Nasdaq Stock Mar
• $45 million — quired for an initial purchase price of $45 million. This initial consideration, funded ent
• $5 million — , and additional consideration of up to $5 million may be paid by the Company subject to t

Filing Documents

• scvl-20240213.htm (8-K) — 53KB
• scvl-ex99_1.htm (EX-99.1) — 28KB
• img3742879_0.jpg (GRAPHIC) — 27KB
• 0000950170-24-014621.txt ( ) — 237KB
• scvl-20240213.xsd (EX-101.SCH) — 25KB
• scvl-20240213_htm.xml (XML) — 4KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition The information furnished with this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such a filing. On February 13, 2024, Shoe Carnival, Inc. (the "Company") issued a press release (the "Press Release") announcing, among other things, preliminary financial results for its fiscal year ended February 3, 2024. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 2.02.

01 Regulation FD

Item 7.01 Regulation FD The information furnished with this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, nor shall it be incorporated by reference into any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The Press Release issued by the Company on February 13, 2024 also announced the acquisition described in Item 8.01 below. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 7.01.

01 Other Events

Item 8.01 Other Events On February 13, 2024, the Company acquired Rogan Shoes, Incorporated ("Rogan's"), a privately-held, family-owned shoe retailer. Rogan's was acquired for an initial purchase price of $45 million. This initial consideration, funded entirely from cash on hand, is subject to customary adjustments, and additional consideration of up to $5 million may be paid by the Company subject to the achievement of three-year performance targets. With this acquisition, the Company will own and operate Rogan's 28 store locations, which are located in Wisconsin, Minnesota, and Illinois.

Risk Factors

Risk Factors The Company is supplementing the risk factors previously disclosed in its Annual Report on Form 10-K for the fiscal year ended January 28, 2023 with the following additional risk factor: We may experience difficulties in integrating Rogan's and realizing the expected operating results, synergies, growth opportunities and other benefits of the acquisition. The success of the Rogan's acquisition will depend, in part, on our ability to realize the expected operating results, synergies, growth opportunities and other benefits from acquiring Rogan's. We may not realize these operating results, synergies, growth opportunities or other benefits within the expected time frames, or at all. The acquisition may disrupt our current plans and operations and may negatively impact our relationship with our vendors and other key suppliers. The attention of our management may be diverted from our current operations while trying to integrate Rogan's. We may not be able to successfully integrate Rogan's operations, logistics, information technologies, communications, purchasing, accounting, marketing, administration and other systems, establish internal controls into Rogan's operations or retain key Rogan's employees. Rogan's may underperform relative to our expectations. Any of these impacts could have an adverse effect on our growth opportunities, business, results of operations and financial condition.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits: Exhibit No. Exhibits 99.1 Press Release of the Company dated February 13, 2024 104 Cover Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL) 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SHOE CARNIVAL, INC. (Registrant) Date: February 13, 2024 By: /s/ Patrick C. Edwards Patrick C. Edwards Senior Vice President Chief Financial Officer, Treasurer & Secretary 3

View Full Filing

View this 8-K filing on SEC EDGAR