Company reaffirms fiscal 2026 net sales guidance of $1.125 billion to $1.147 billion after mixed quarterly results.
Shoe Carnival reported first-quarter revenue of $270.7 million, exceeding expectations by $3.4 million despite a 2.5% year-over-year decline. Non-GAAP earnings per share matched estimates at $0.23.
The retailer maintained its fiscal 2026 guidance, projecting net sales between $1.125 billion and $1.147 billion. The company’s performance reflects ongoing adjustments in consumer spending patterns.
No immediate market reaction was disclosed in the release.