Shoe Carnival to Report Second Quarter 2016 Financial Results on August 31, 2016

EVANSVILLE, Ind.–(BUSINESS WIRE)–Shoe Carnival, Inc. (Nasdaq: SCVL), a leading retailer of moderately
priced footwear and accessories, today announced second quarter 2016
earnings results will be released on Wednesday, August 31, 2016 after
the market close. The Company will host its quarterly conference call to
discuss second quarter 2016 results at 4:30 p.m. Eastern Time.

This call is being webcast and can be accessed at the Investors section
of Shoe Carnival’s website at www.shoecarnival.com.
The online replay of the conference call will be available shortly after
the call and will be available for one year.

About Shoe Carnival

Shoe Carnival, Inc. is one of the nation’s largest family footwear
retailers, offering a broad assortment of moderately priced dress,
casual and athletic footwear for men, women and children with emphasis
on national and regional name brands. As of August 17, 2016, the Company
operates 413 stores in 35 states and Puerto Rico, and offers online
shopping at www.shoecarnival.com.
Headquartered in Evansville, IN, Shoe Carnival trades on The NASDAQ
Stock Market LLC under the symbol SCVL. Shoe Carnival’s press releases
and annual report are available on the Company’s website at www.shoecarnival.com.

Contacts

Shoe Carnival, Inc.
Cliff Sifford
President and
Chief Executive Officer
or

W. Kerry Jackson
Senior
Executive Vice President,
Chief Operating and Financial Officer and
Treasurer

812-867-6471
www.shoecarnival.com