Can SCVL's Q1 2026 EPS forecast signal a recovery trend?

**Shoe Carnival's (SCVL) Q1 2026 EPS forecast suggests a positive outlook for recovery.** Here's the analysis to support this conclusion: 1. **Earnings Per Share (EPS) Forecast**: The estimated EPS for Shoe Carnival in Q1 2026 is $0.27. This positive forecast indicates that the company is expected to generate earnings per share, which is a key metric for profitability. 2. **Strategic Growth Initiatives**: The company has a strategic growth roadmap that includes expanding to over 500 stores by 2028, driven by mergers and acquisitions. These initiatives are likely to contribute to increased profitability and revenue in the future. 3. **Recent Performance**: Shoe Carnival has shown a 6.8% year-over-year net sales growth in Q1, surpassing analyst expectations. This indicates a strong revenue performance, which is a positive signal for earnings recovery. 4. **Historical Performance**: The company has a track record of beating EPS estimates, having done so 100% of the time over the last year. This suggests that the company's actual performance is often better than expected, which is encouraging for future earnings expectations. 5. **Financial Metrics Improvement**: Net income has risen to $17.3 million, or $0.63 per share, compared to $16.5 million, or $0.60 per share, in the prior year. This increase in net income is a clear indication of a recovery trend. 6. **Customer Growth**: The company has seen a significant increase in customer loyalty members, with the customer count accelerating to a record high of 32.7 million, up 12 percent versus the prior year. This growth in customer base is likely to translate into higher sales and earnings in the future. In conclusion, the Q1 2026 EPS forecast, combined with the company's strategic growth plans, recent revenue outperformance, and improvement in net income and customer base, suggests that Shoe Carnival is on a recovery trend.