Shoe Carnival

Shareholders approved the renaming of Shoe Carnival to Shoe Station Group; the common shares will trade under the new ticker symbol SHOE from June 12, 2026. The new name is intended to reflect the multi‑brand strategy, with Shoe Station serving as the growth engine while Shoe Carnival remains in its core markets. The company plans to expand through strategic acquisitions and currently operates 426 stores in 35 states and Puerto Rico. The board approved a quarterly cash dividend of $0.17 per share (payable July 20, 2026); the stock currently yields about 4.08%. » More on de.investing.com

Shoe Carnival reported adjusted EPS of $0.23 for Q1 2026 versus $0.20 expected and revenue of $270.7 million, slightly above estimates. The stock rose about 3.3% in premarket trading. On a GAAP basis the company showed a net loss of $5.6 million due to one‑time charges related to the CEO transition, but excluding special items operational stabilization was evident. Management gave a cautious outlook, expects improvements in the second half of the fiscal year and provided guidance for 2027/2028. » More on de.investing.com

Shoe Carnival reported Q4 2025 EPS of $0.33, above the $0.30 expected, while revenue of $254.1 million was slightly under the projected $255.8 million. Despite the earnings beat, the stock fell 6.38% pre-market as investors showed hesitation over the revenue trend, competitive pressure and expected tariff-related margin headwinds. The company highlights the upcoming full rollout of the Jordan brand and rebranding measures at stores and expects margin pressure from tariff costs in 2026. » More on de.investing.com