Footwear retailer Shoe Carnival (NASDAQ: SCVL) will be reporting earnings this Thursday before the bell. Here’s what to expect.
Shoe Carnival met analysts’ revenue expectations last quarter, reporting revenues of $254.1 million, down 3.4% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ EBITDA estimates but a significant miss of analysts’ gross margin estimates.
Is Shoe Carnival a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Shoe Carnival’s revenue to decline 3.6% year on year, improving from the 7.5% decrease it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Shoe Carnival has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at Shoe Carnival’s peers in the apparel and footwear retail segment, only Boot Barn has reported results so far. It exceeded analysts’ revenue estimates, delivering year-on-year sales growth of 18.7%. The stock was down 1.7% on the results.
Read our full analysis of Boot Barn’s earnings results here.AI disruption fears rattled software and crypto through late 2025, but in spring 2026 the focus shifted to geopolitical risk, oil supply, and global stability. While some of the apparel and footwear retail stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 12.2% on average over the last month. Shoe Carnival is down 21.5% during the same time and is heading into earnings with an average analyst price target of $22 (compared to the current share price of $15.39).
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