Shoe Carnival, Inc. (NASDAQ:SCVL) Q1 2026 Earnings Call Transcript
Shoe Carnival, Inc. (NASDAQ:SCVL) reported Q1 2026 earnings, beating expectations with an EPS of $0.23 against a $0.2 consensus. The company announced a strategic shift to maintain both Shoe Carnival and Shoe Station banners as independent entities, with plans to close 12-14 underperforming stores in fiscal 2026 and 6-10 in fiscal 2027. Management is focused on re-optimizing product assortments for each banner, targeting specific customer segments and market demographics, and reaffirmed its fiscal 2026 guidance despite ongoing macroeconomic challenges.