SHOE - Shoe Carnival, Inc.... Stock Analysis | Stock Taper
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Shoe Carnival, Inc. Common Stock

SHOE

Shoe Carnival, Inc. Common Stock NASDAQ
$14.77 3.21% (+0.46)

Market Cap $401.80 M
52w High $26.57
52w Low $14.18
Dividend Yield 4.25%
Frequency Quarterly
P/E 8.25
Volume 901.43K
Outstanding Shares 27.15M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $270.73M $96.14M $-5.63M -2.08% $-0.21 $4.04M
Q1-2026 $270.73M $96.14M $-5.63M -2.08% $-0.21 $4.04M
Q4-2025 $254.07M $77.79M $9.05M 3.56% $0.33 $20.96M
Q3-2025 $297.15M $93.21M $14.65M 4.93% $0.54 $28.31M
Q2-2025 $306.39M $93.58M $19.23M 6.27% $0.7 $34.44M

What's going well?

Revenue and costs are stable, so the business is predictable. There are no one-time charges or accounting surprises, and interest costs are very low.

What's concerning?

The company is not growing and continues to lose money each quarter. There is no sign of improvement in sales or profitability.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $129.35M $1.16B $485.68M $673.4M
Q4-2025 $130.73M $1.2B $512.08M $689.67M
Q3-2025 $107.66M $1.17B $489.36M $683.18M
Q2-2025 $91.92M $1.17B $494.56M $670.69M

What's financially strong about this company?

The company has much more equity than debt, a large cash cushion, and can easily pay its bills. Inventory is moving well, and they've built up strong retained earnings from years of profits.

What are the financial risks or weaknesses?

Asset and equity levels slipped a bit this quarter, and most debt is tied to leases. Cash is a small part of total assets, and future performance depends on keeping inventory moving.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $-5.63M $23.08M $-9.85M $-14.22M $-991K $12.64M
Q4-2025 $9.05M $34.04M $-7.16M $-4.16M $22.72M $27.66M
Q3-2025 $14.65M $33.64M $-13.92M $-4.06M $15.65M $19.71M
Q2-2025 $19.23M $13.26M $-8.91M $-4.1M $243K $2.2M

What's strong about this company's cash flow?

SHOE continues to generate real cash from its business, with $23.1 million from operations and $12.6 million in free cash flow. The company is self-funded, has a strong cash cushion, and is returning cash to shareholders through dividends and buybacks.

What are the cash flow concerns?

Cash flow is down significantly from last quarter, and the company swung to a net loss. A big increase in inventory tied up cash, and if sales don't pick up, this could become a problem.

5-Year Trend Analysis

A comprehensive look at Shoe Carnival, Inc. Common Stock's financial evolution and strategic trajectory over the past five years.

+ Strengths

The company combines solid profitability, strong liquidity, and conservative leverage with a clear strategic framework centered on value-oriented family footwear, a large and data-rich loyalty program, and material investments in technology and a dual-brand model, all of which give it a sturdy financial and strategic base from which to pursue growth.

! Risks

Key risks include heavy dependence on effective inventory management, a competitive landscape filled with larger and often more digitally mature rivals, elevated operating and capital spending that must pay off in better performance, and the execution challenge of running and expanding distinct banners while integrating future acquisitions without diluting focus or margins.

Outlook

The outlook appears cautiously constructive: the financial footing is sound and the strategy—anchored in technology, loyalty, and a multi-banner approach—offers meaningful opportunity, but future results will likely hinge on how well management can convert these initiatives into consistent same-store growth, sustained margins, and smooth execution through retail cycles and changing consumer preferences.