SCVL FY 2021 Earnings Report — Shoe Carnival, Inc. Revenue & Financial Results | Market Cap Arena

Shoe Carnival, Inc.SCVL

FY 2021 Earnings

Reported March 25, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$1.3B	—	$977M	—	36.2%
Op. Income	$208M	—	$22M	—	849.7%
Gross Margin	39.6%	—	28.7%	—	10.9pp
Net Margin	11.6%	—	1.6%	—	10.0pp
EPS (Diluted)	$5.42	—	$0.56	—	867.9%
Free Cash Flow	$117M	—	$51M	—	128.4%

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$804M
GROSS PROFIT	$527M
R&D Expenses	$0
Selling & Marketing	$59M
General & Administrative	$260M
SG&A Expenses	$319M
Other Expenses	$0
Operating Expenses	$319M
Cost & Expenses	$1.1B
OPERATING INCOME	$208M
Interest Income	$24.0K
Interest Expense	$478.0K
Other Income/Expenses	-$454.0K
INCOME BEFORE TAX	$207M
Income Tax Expense	$52M
Net Income from Continuing Ops	$155M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$155M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$155M
D&A	$62M
EBIT	$208M
EBITDA	$269M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$804M
GROSS PROFIT	$527M
R&D Expenses	$0
Selling & Marketing	$59M
General & Administrative	$260M
SG&A Expenses	$319M
Other Expenses	$0
Operating Expenses	$319M
Cost & Expenses	$1.1B
OPERATING INCOME	$208M
Interest Income	$24.0K
Interest Expense	$478.0K
Other Income/Expenses	-$454.0K
INCOME BEFORE TAX	$207M
Income Tax Expense	$52M
Net Income from Continuing Ops	$155M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$155M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$155M
D&A	$62M
EBIT	$208M
EBITDA	$269M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$155M
Depreciation & Amortization	$19M
Stock-Based Compensation	$6M
Deferred Income Tax	$3M
Other Non-Cash Items	$49M
Change in Working Capital	-$83M
OPERATING CASH FLOW	$148M
Capital Expenditure	-$31M
Acquisitions (Net)	-$71M
Purchases of Investments	-$19M
Sales/Maturities of Investments	$2M
Other Investing Activities	$0
NET CASH FROM INVESTING	-$119M
Net Debt Issuance	$0
Common Stock Repurchased	-$7M
Common Dividends Paid	-$8M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$18M
FREE CASH FLOW	$117M
Net Change in Cash	$11M

Balance Sheet

Item	Amount
Cash & Equivalents	$117M
Short-Term Investments	$15M
Net Receivables	$14M
Inventory	$285M
Other Current Assets	$10M
TOTAL CURRENT ASSETS	$442M
PP&E (Net)	$309M
Goodwill	$11M
Intangible Assets	$33M
Long-Term Investments	$0
Tax Assets	$3M
Other Non-Current Assets	$14M
TOTAL NON-CURRENT ASSETS	$370M
TOTAL ASSETS	$812M
Account Payables	$69M
Short-Term Debt	$52M
Deferred Revenue	$2M
Other Current Liabilities	-$21M
TOTAL CURRENT LIABILITIES	$154M
Long-Term Debt	$0
Deferred Revenue NC	-$59M
Deferred Tax Liabilities	$59M
Other Non-Current Liabilities	$11M
TOTAL NON-CURRENT LIABILITIES	$206M
TOTAL LIABILITIES	$360M
Common Stock	$410.0K
Additional Paid-In Capital	$81M
Retained Earnings	$553M
Treasury Stock	-$182M
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$453M
Minority Interest	$0
TOTAL EQUITY	$453M
TOTAL LIABILITIES & EQUITY	$812M
Total Debt	$246M
Net Debt	$129M