Shoe Carnival Triggers MACD Death Cross, KDJ Death Cross on 15-Minute Chart

Shoe Carnival's 15-minute chart has exhibited a MACD Death Cross and KDJ Death Cross at 09:00 on September 17, 2025. This suggests that the stock price has the potential to continue declining, as the momentum of the stock price has shifted towards the downside and may further decrease.

Shoe Carnival (SCVL) reported its second-quarter (Q2) earnings on September 17, 2025, with a notable positive market response despite missing revenue expectations. The company's earnings outperformance was attributed to margin expansion, strategic inventory management, and a focus on higher-income customers through the Shoe Station banner 5 Revealing Analyst Questions From Shoe Carnival’s Q2 Earnings Call^[1].

Key highlights of the earnings report include:
- Revenue of $306.4 million, down 7.9% year-on-year and 2.5% below analyst estimates.
- EPS (GAAP) of $0.70, beating analyst estimates by 15.4%.
- Adjusted EBITDA of $33.65 million, an 11% margin and 11.8% beat over estimates.
- Full-year revenue guidance revised down to $1.14 billion, a 4.6% decrease.
- EPS (GAAP) guidance for the full year at $1.90, beating estimates by 4.8%.

Analyst questions during the earnings call revealed insights into the company's strategic direction. Mitchel Kummetz from Seaport Research Partners inquired about the margin-first approach and the purpose of the Shoe Carnival banner, with CEO Mark Worden explaining the strategic focus on higher-margin categories and cash generation 5 Revealing Analyst Questions From Shoe Carnival’s Q2 Earnings Call^[1].

The stock's technical indicators also raised concerns. On September 17, 2025, Shoe Carnival's 15-minute chart exhibited a MACD Death Cross and KDJ Death Cross, suggesting a potential shift in the stock's momentum towards the downside .

Investors should closely monitor the company's ability to execute its strategic transformation, including the pace and profitability of Shoe Station conversions, inventory management, and the impact of tariffs on pricing and demand.