Shoe Station Group
SHOE on Nasdaq. Shoe Carnival sells footwear and accessories to families. Market value $348m.
Price checks use the past 12 months to July 2026. Quality checks use five annual reports, the latest for the year to January 2026.
We can't read total debt from the filing, so debt is left out.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Retail & consumer stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $18.77 of spare cash in the past 12 months. A savings account pays about $4.
The filings do not give us enough to work this out.
The filings do not give us enough to work this out.
Quality score: 58 of 100. Price score: 83 of 100. Our list needs 70 on quality and 60 on price.
$13.04 a share, 28% above its 1-year low
Over the past year the price has ranged from $10.20 to $21.61.
Dividend: 4.7% a year
Paid every year for at least 5 years
Payouts have jumped around in recent years, so this may not repeat.
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
Spare cash swings from quarter to quarter here: $67 million in the past 12 months, $27 million in the year to January 2026.
| Revenue | |||||
| Revenue | $1.3bn | $1.3bn | $1.2bn | $1.2bn | $1.1bn |
| Operating margin | |||||
| Operating margin | 15.6% | 11.6% | 8.0% | 7.6% | 5.9% |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.03bn | 0.03bn | 0.03bn | 0.03bn | 0.03bn |
Health checks
- Free cash flow positive4 of 5 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)5 of 7 checks we could run
- Profit backed by cash (accruals)Yes
- DebtUnknown
- Revenue growth, five yearsSlow, 3.1% a year
- Buying back its own sharesRoughly flat
The quarter to July 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $284 million last quarter, down 7% on a year ago.
- Profit: $6 million, down 67% on a year ago.
- It keeps 3 cents of each $1 of sales as operating profit, down from 7 cents a year earlier.
- Spare cash over the past 12 months: $67 million, up from $24 million.
- 1% fewer shares than a year ago. Each share owns a bit more of the company.
- Sales did not grow on a year ago in any of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| October 2024 | $307m |
| January 2025 | $263m |
| April 2025 | $278m |
| July 2025 | $306m |
| October 2025 | $297m |
| January 2026 | $254m |
| April 2026 | $271m |
| July 2026 | $284m |
| Quarter to | Amount |
|---|---|
| October 2024 | $19m |
| January 2025 | $15m |
| April 2025 | $9m |
| July 2025 | $19m |
| October 2025 | $15m |
| January 2026 | $9m |
| April 2026 | -$6m |
| July 2026 | $6m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 26 March 2026
- Next quarterly (estimated, 10-Q)
- 10 December 2026
Who owns it
4 long-term investors we follow own it, unchanged from 4 last quarter. 167 funds in all.
- Royce & AssociatesChuck Royce
- Value
- $8m
- Share of fund
- <0.1%
- GAMCO InvestorsMario Gabelli
- Value
- $304,223
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| LSV Asset ManagementJosef Lakonishok | $12m | <0.1% | Added |
| Royce & AssociatesChuck Royce | $8m | <0.1% | |
| Tweedy, BrowneTweedy Browne partners | $2m | 0.1% | New |
| GAMCO InvestorsMario Gabelli | $304,223 | <0.1% |
Sold out this quarter
- Barrow HanleyBarrow Hanley teamSold out
Largest holders overall
- BlackRock$29mAdded
- Dimensional Fund Advisors LP$23mCut
- LSV Asset Management$12mAdded
- Vanguard Capital Management$12m
- Arrowstreet Capital, Limited Partnership$11mAdded
- American Century Companies$11mAdded
- New South Capital Management$11mCut
- Goldman Sachs Group$10mCut
- Morgan Stanley$9mAdded
- Royce & Associates$8m
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
5 investors own more than 5%.
- Delores B. WeaverPassive investorat least 30.7%−1.6 pts(filed with 1 related holder)Since 30 June 2026
- J. Wayne WeaverPassive investorat least 30.7%−1.6 pts(filed with 1 related holder)Since 30 June 2026
- Dimensional Fund Advisors LPPassive investor6.5%Since 31 March 2025
- Copeland Capital ManagementPassive investor5.5%−0.1 ptsSince 31 March 2026
- BlackRock, Inc.Passive investor5.3%−4.6 ptsSince 31 December 2025
- The Vanguard GroupPassive investorSold down below 5%Since 31 December 2025
| Holder | Stake | Since | |
|---|---|---|---|
Delores B. Weaver Passive investor | at least 30.7%−1.6 pts (filed with 1 related holder) | 30 June 2026 | |
J. Wayne Weaver Passive investor | at least 30.7%−1.6 pts (filed with 1 related holder) | 30 June 2026 | |
Dimensional Fund Advisors LP Passive investor | 6.5% | 31 March 2025 | |
Copeland Capital Management Passive investor | 5.5%−0.1 pts | 31 March 2026 | |
BlackRock, Inc. Passive investor | 5.3%−4.6 pts | 31 December 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 31 December 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 1 insider bought $500,030 of shares on the open market. 1 sold $50,060.
- JACKSON W KERRYEVP - CFOBought
- Date
- 2 April 2026
- Shares
- 31,000
- Price
- $16.13
- Value
- $500,030
- Guthrie Andrea R.DirectorSold
- Date
- 15 October 2025
- Shares
- 2,477
- Price
- $20.21
- Value
- $50,060
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 2 April 2026 | JACKSON W KERRY EVP - CFO | Bought | 31,000 | $16.13 | $500,030 |
| 15 October 2025 | Guthrie Andrea R. Director | Sold | 2,477 | $20.21 | $50,060 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.