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Side-by-side financial comparison of SHOE CARNIVAL INC (SCVL) and Warby Parker Inc. (WRBY). Click either name above to swap in a different company.

SHOE CARNIVAL INC is the larger business by last-quarter revenue ($297.2M vs $212.0M, roughly 1.4× Warby Parker Inc.). SHOE CARNIVAL INC runs the higher net margin — 4.9% vs -2.8%, a 7.7% gap on every dollar of revenue. On growth, Warby Parker Inc. posted the faster year-over-year revenue change (11.2% vs -3.2%). SHOE CARNIVAL INC produced more free cash flow last quarter ($19.7M vs $8.1M). Over the past eight quarters, SHOE CARNIVAL INC's revenue compounded faster (3.0% CAGR vs 2.9%).

Shoe Carnival Inc. is an American retailer of family footwear. The company operates 429 stores throughout the midwest, south, and southeast regions, and Puerto Rico. It was founded by David Russell in 1978 and is headquartered in Fort Mill, South Carolina as of 2025.

Warby Parker Inc. is an American eyewear brand and retailer of prescription glasses, contact lenses, and sunglasses, based in New York City. It also offers eye exams. Originally founded in 2010 as an online-only retailer, the company now generates about two-thirds of its revenue from its 276 physical retail stores, 271 of which are in the U.S. and 5 of which are in Canada. The company intends to operate 900 stores. The company has 2.28 million customers; average order value is $263.

SCVL vs WRBY — Head-to-Head

Bigger by revenue
SCVL
SCVL
1.4× larger
SCVL
$297.2M
$212.0M
WRBY
Growing faster (revenue YoY)
WRBY
WRBY
+14.4% gap
WRBY
11.2%
-3.2%
SCVL
Higher net margin
SCVL
SCVL
7.7% more per $
SCVL
4.9%
-2.8%
WRBY
More free cash flow
SCVL
SCVL
$11.6M more FCF
SCVL
$19.7M
$8.1M
WRBY
Faster 2-yr revenue CAGR
SCVL
SCVL
Annualised
SCVL
3.0%
2.9%
WRBY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
SCVL
SCVL
WRBY
WRBY
Revenue
$297.2M
$212.0M
Net Profit
$14.6M
$-6.0M
Gross Margin
37.6%
52.4%
Operating Margin
6.3%
-3.2%
Net Margin
4.9%
-2.8%
Revenue YoY
-3.2%
11.2%
Net Profit YoY
-23.9%
13.4%
EPS (diluted)
$0.53
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SCVL
SCVL
WRBY
WRBY
Q4 25
$297.2M
$212.0M
Q3 25
$306.4M
$221.7M
Q2 25
$277.7M
$214.5M
Q1 25
$262.9M
$223.8M
Q4 24
$306.9M
$190.6M
Q3 24
$332.7M
$192.4M
Q2 24
$300.4M
$188.2M
Q1 24
$280.2M
$200.0M
Net Profit
SCVL
SCVL
WRBY
WRBY
Q4 25
$14.6M
$-6.0M
Q3 25
$19.2M
$5.9M
Q2 25
$9.3M
$-1.8M
Q1 25
$14.7M
$3.5M
Q4 24
$19.2M
$-6.9M
Q3 24
$22.6M
$-4.1M
Q2 24
$17.3M
$-6.8M
Q1 24
$15.5M
$-2.7M
Gross Margin
SCVL
SCVL
WRBY
WRBY
Q4 25
37.6%
52.4%
Q3 25
38.8%
54.1%
Q2 25
34.5%
53.0%
Q1 25
34.9%
56.3%
Q4 24
36.0%
54.1%
Q3 24
36.1%
54.5%
Q2 24
35.6%
56.0%
Q1 24
35.6%
56.7%
Operating Margin
SCVL
SCVL
WRBY
WRBY
Q4 25
6.3%
-3.2%
Q3 25
8.2%
1.6%
Q2 25
4.3%
-2.1%
Q1 25
5.3%
1.1%
Q4 24
8.0%
-4.9%
Q3 24
9.0%
-3.4%
Q2 24
7.5%
-4.8%
Q1 24
7.1%
-2.6%
Net Margin
SCVL
SCVL
WRBY
WRBY
Q4 25
4.9%
-2.8%
Q3 25
6.3%
2.6%
Q2 25
3.4%
-0.8%
Q1 25
5.6%
1.6%
Q4 24
6.3%
-3.6%
Q3 24
6.8%
-2.1%
Q2 24
5.8%
-3.6%
Q1 24
5.5%
-1.3%
EPS (diluted)
SCVL
SCVL
WRBY
WRBY
Q4 25
$0.53
$-0.06
Q3 25
$0.70
$0.05
Q2 25
$0.34
$-0.01
Q1 25
$0.53
$0.03
Q4 24
$0.70
$-0.06
Q3 24
$0.82
$-0.03
Q2 24
$0.63
$-0.06
Q1 24
$0.57
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SCVL
SCVL
WRBY
WRBY
Cash + ST InvestmentsLiquidity on hand
$107.7M
$286.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$683.2M
$367.7M
Total Assets
$1.2B
$720.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SCVL
SCVL
WRBY
WRBY
Q4 25
$107.7M
$286.4M
Q3 25
$91.9M
$280.4M
Q2 25
$93.0M
$286.4M
Q1 25
$123.1M
$265.1M
Q4 24
$91.1M
$254.2M
Q3 24
$84.5M
$251.0M
Q2 24
$69.5M
$238.0M
Q1 24
$111.2M
$220.4M
Stockholders' Equity
SCVL
SCVL
WRBY
WRBY
Q4 25
$683.2M
$367.7M
Q3 25
$670.7M
$369.6M
Q2 25
$653.6M
$361.5M
Q1 25
$649.0M
$354.1M
Q4 24
$635.7M
$340.1M
Q3 24
$618.5M
$336.8M
Q2 24
$597.8M
$329.4M
Q1 24
$583.4M
$316.2M
Total Assets
SCVL
SCVL
WRBY
WRBY
Q4 25
$1.2B
$720.9M
Q3 25
$1.2B
$706.9M
Q2 25
$1.1B
$701.9M
Q1 25
$1.1B
$682.8M
Q4 24
$1.1B
$676.5M
Q3 24
$1.1B
$638.0M
Q2 24
$1.1B
$618.2M
Q1 24
$1.0B
$592.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SCVL
SCVL
WRBY
WRBY
Operating Cash FlowLast quarter
$33.6M
$23.3M
Free Cash FlowOCF − Capex
$19.7M
$8.1M
FCF MarginFCF / Revenue
6.6%
3.8%
Capex IntensityCapex / Revenue
4.7%
7.1%
Cash ConversionOCF / Net Profit
2.30×
TTM Free Cash FlowTrailing 4 quarters
$35.1M
$43.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SCVL
SCVL
WRBY
WRBY
Q4 25
$33.6M
$23.3M
Q3 25
$13.3M
$18.0M
Q2 25
$-9.6M
$40.2M
Q1 25
$44.5M
$29.4M
Q4 24
$17.3M
$19.9M
Q3 24
$23.7M
$27.3M
Q2 24
$17.1M
$31.6M
Q1 24
$53.4M
$19.9M
Free Cash Flow
SCVL
SCVL
WRBY
WRBY
Q4 25
$19.7M
$8.1M
Q3 25
$2.2M
$-1.5M
Q2 25
$-23.0M
$23.9M
Q1 25
$36.2M
$13.2M
Q4 24
$8.3M
$2.2M
Q3 24
$18.2M
$13.1M
Q2 24
$6.9M
$14.0M
Q1 24
$40.7M
$5.5M
FCF Margin
SCVL
SCVL
WRBY
WRBY
Q4 25
6.6%
3.8%
Q3 25
0.7%
-0.7%
Q2 25
-8.3%
11.1%
Q1 25
13.8%
5.9%
Q4 24
2.7%
1.1%
Q3 24
5.5%
6.8%
Q2 24
2.3%
7.4%
Q1 24
14.5%
2.7%
Capex Intensity
SCVL
SCVL
WRBY
WRBY
Q4 25
4.7%
7.1%
Q3 25
3.6%
8.8%
Q2 25
4.8%
7.6%
Q1 25
3.2%
7.2%
Q4 24
3.0%
9.3%
Q3 24
1.7%
7.4%
Q2 24
3.4%
9.4%
Q1 24
4.5%
7.2%
Cash Conversion
SCVL
SCVL
WRBY
WRBY
Q4 25
2.30×
Q3 25
0.69×
3.06×
Q2 25
-1.03×
Q1 25
3.04×
8.46×
Q4 24
0.90×
Q3 24
1.05×
Q2 24
0.99×
Q1 24
3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SCVL
SCVL

Segment breakdown not available.

WRBY
WRBY

Retail$155.2M73%
E Commerce$56.8M27%

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