What caused SCVL's Q4 2025 EPS to fall below forecasts?

Shoe Carnival's Q4 2025 EPS fell below forecasts due to a combination of factors: 1. **Decline in Shoe Carnival Stores**: The company's net income decreased due to a 6.3% decline in comparable store sales, primarily affecting Shoe Carnival stores during non-event periods. This decline contributed to the lower-than-expected earnings. 2. **Strategic Initiatives**: Although the company acquired Rogan Shoes, the integration of this acquisition may have incurred additional costs that impacted short-term profitability. 3. **Market Conditions**: The footwear retailer faced significant headwinds, including unseasonably warm weather that affected the boot season, resulting in sales declines in both men’s and women’s categories. Additionally, the overall retail landscape presents ongoing challenges for Shoe Carnival to navigate. In summary, Shoe Carnival's Q4 2025 EPS fell below forecasts due to a combination of declining store sales, strategic initiatives, and challenging market conditions.