Every material Form 8-K SHOE STATION GROUP INC has filed with the SEC since June 11, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Shoe Station Group entered into an amendment to its credit agreement with Wells Fargo as administrative agent, extending the $100 million revolving credit facility's maturity to October 15, 2031 and revising its pricing. The amendment also raises the annual restricted-payment basket to $40 million and permits up to $35 million of secured headquarters-related debt, giving the company more room for payments and borrowing.
Revolving credit facility of $100 million now matures October 15, 2031.
Base Rate loans carry a margin of 0.00% to 1.00%; Adjusted Term SOFR loans carry 1.00% to 2.00%, based on Consolidated Total Leverage Ratio.
Annual restricted-payment basket increased to $40 million; up to $35 million of secured debt for corporate headquarters permitted.
Amendment permits certain sale-leaseback transactions involving the Evansville, Indiana property and any corporate headquarters property.
Shoe Station Group reported second-quarter results for the period ended August 1, 2026, with net sales of $284.3 million, down from $306.4 million a year earlier, and net income of $6.3 million, or $0.23 per diluted share, versus $0.70 in the prior-year quarter. The company lowered its fiscal 2026 net sales and adjusted EPS guidance, which matters to shareholders because the company cites a more promotional footwear market and weaker assortments as pressures that it expects to continue through the rest of the year.
Q2 2026 net sales were $284.3 million versus $306.4 million, with comparable store sales down 7.1 percent.
Gross profit margin was 31.9 percent versus 38.8 percent in Q2 2025; net income was $6.3 million, or $0.23 per diluted share, versus $0.70.
Fiscal 2026 guidance now calls for net sales of $1.100 billion to $1.111 billion, GAAP EPS of $0.32 to $0.47, and adjusted EPS of $0.75 to $0.90.
Comparable store sales declined 2.7 percent in the four weeks ended August 29, 2026, an improvement from the Q2 decline of 7.1 percent.
Shareholders of Shoe Carnival approved changing the company's name to Shoe Station Group, Inc. at the June 10, 2026 annual meeting, with the name effective June 12, 2026. The company's Nasdaq ticker changes from SCVL to SHOE on the same date, and the CUSIP number is unchanged, so existing stock certificates remain valid. The company also declared a quarterly dividend of $0.17 per share.
Name change approved with 24,988,428 votes for and 161,725 against at the June 10, 2026 annual meeting
New name and ticker SHOE take effect June 12, 2026 on Nasdaq; SCVL trading ends; CUSIP 824889109 unchanged
Quarterly cash dividend of $0.17 per share declared, payable July 20, 2026, to holders of record on July 6, 2026
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