<span item_type="fundamental" item_id="13e8ae1551888fa821f42a9c5b37075c" counter_id="ST/US/SCVL" env="prod"></span><span item_type="announcement" item_id="590292831591206529" env="prod"></span><p>Revenue: As of FY2026 Q3, the actual value is USD 297.16 M, missing the estimate of USD 297.2 M.</p><p>EPS: As of FY2026 Q3, the actual value is USD 0.53, meeting the estimate of USD 0.53.</p><p>EBIT: As of FY2026 Q3, the actual value is USD 17.6 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Net Sales</strong>: $297.2 million for the third quarter of 2025, a decrease of 3.2% compared to the third quarter of 2024. Year-to-date net sales were $881.3 million, a decrease of 6.2% compared to the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/895447/000119312525308714/scvl-20251101.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Gross Profit</strong>: $111.8 million for the third quarter of 2025, an increase from $110.4 million in the third quarter of 2024. Gross profit margin increased to 37.6% from 36.0% in the previous year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/895447/000119312525308714/scvl-20251101.htm"></span></li><li><strong>Net Income</strong>: $14.6 million for the third quarter of 2025, down from $19.2 million in the third quarter of 2024. Year-to-date net income was $43.2 million, compared to $59.1 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/895447/000119312525308714/scvl-20251101.htm"></span></li><li><strong>Selling, General and Administrative Expenses (SG&amp;A)</strong>: Increased to $93.2 million in the third quarter of 2025 from $85.9 million in the third quarter of 2024, primarily due to rebanner strategy expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/895447/000119312525308714/scvl-20251101.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: $37.3 million for the year-to-date 2025, compared to $58.1 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/895447/000119312525308714/scvl-20251101.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Rebanner Strategy Costs</strong>: Estimated to reduce operating income by approximately $8.1 million in the third quarter of 2025 and $21.1 million year-to-date 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/895447/000119312525308714/scvl-20251101.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to expand the Shoe Station banner to 215 stores by Back-to-School 2026, representing approximately 51% of the current store base. The strategy includes rebannering stores to Shoe Station, with expectations of achieving over 90% of the fleet as Shoe Station by the end of Fiscal 2028.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/895447/000119312525308714/scvl-20251101.htm"></span></li><li><strong>Non-Core Business</strong>: No additional stores are expected to rebanner in Fiscal 2025. The company anticipates capital expenditures between $25 million and $35 million to support the rebanner initiative in Fiscal 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/895447/000119312525308714/scvl-20251101.htm"></span></li></ul>

Shoe Carnival | 10-Q: FY2026 Q3 Revenue Misses Estimate at USD 297.16 M