Shoe Carnival, Inc. (Nasdaq: SCVL), a leading retailer of moderately priced footwear and accessories, today announced first quarter fiscal year 2017 earnings results will be released on Wednesday, May 24, 2017, after the market close. The Company will host its quarterly conference call to discuss first quarter fiscal year 2017 results at 4:30 p.m. Eastern Time. The date of the earnings release and conference call is one day earlier than the Company previously announced in its May 2, 2017, preliminary first quarter fiscal 2017 comparable store sales press release.

The earnings call will be 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 May 17, 2017, the Company operates 418 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.

Shoe Carnival, Inc.Cliff SiffordPresident and Chief Executive OfficerorW. Kerry JacksonSenior Executive Vice President,Chief Operating and Financial Officer and Treasurer(812) 867-6471www.shoecarnival.com

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