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Shoe Carnival Affirms FY2026 Adj EPS Guidance of $1.40-$1.60 vs $1.50 Est; Raises FY2026 Sales Guidance from $1.124B-$1.147B to $1.125B-$1.147B vs $1.131B Est

Benzinga·05/21/2026 10:13:00
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Fiscal 2026 Guidance

The Company is reaffirming its previously communicated Fiscal 2026 guidance, which continues to contemplate:

  • Net sales of $1.125 billion to $1.147 billion, representing a range of down 1 percent to up 1 percent versus Fiscal 2025;
  • Adjusted EPS of $1.40 to $1.60;
  • Gross profit margin of approximately 34 percent, representing approximately 260 basis points of compression versus Fiscal 2025;
  • Reductions in Adjusted SG&A of $12 to $14 million versus Fiscal 2025; and
  • An Adjusted Tax Rate of approximately 26 percent.