The company announced adjusted earnings of $0.33 per share for the fourth quarter, matching Wall Street forecasts but declining from $0.53 per share a year ago.
Revenue for the fourth quarter was $254.07 million, slightly above the analysts\’ estimate of $253.84 million, but down from $262.94 million in the same period last year.
Gross profit margin in the fourth quarter was 34.9 percent.
Net sales for Fiscal 2025 were $1.135 billion, a decrease of 5.6 percent compared to the prior year, with a gross profit margin of 36.6 percent and EPS of $1.90.
In March 2026, the Board of Directors approved a dividend increase to $0.17 per share, payable April 20, 2026, to shareholders of record as of April 6, 2026.
Shoe Carnival forecasts earnings for fiscal year 2026 to range between $1.40 and $1.60 per share, with consensus estimates at $1.48 per share.
The company anticipates its revenue for FY 2026 to be between $1.12 billion and $1.15 billion, aligning with the lower end of analysts\’ expectations of $1.12 billion. with a gross profit margin of approximately 34 percent, a decline of about 260 basis points compared to Fiscal 2025.
Cliff Sifford, Interim President and Chief Executive Officer, stated, “Fourth quarter results exceeded consensus expectations, and Fiscal 2025 demonstrated this organization\’s ability to execute through a challenging retail environment.”