EVANSVILLE, Ind., Jan. 4 /PRNewswire/ -- Shoe Carnival, Inc.
(Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories,
today reported sales for the five-week period ended December 30, 2000
increased 29.7 percent to $49 million from sales of $37.8 million for the
five-week period ended January 1, 2000. Comparable store sales increased
8.1 percent in December 2000.
Mark Lemond, president and chief executive officer, commented, "Women's
and men's fashion boots have proven to be the must-have footwear item for this
season. This strong demand for fashion along with strong sales of weather
boots drove our December sales."
Sales for the first eleven months of 2000 increased 20.9 percent to
$388.5 million from sales of $321.2 million for the first eleven months of
1999. Comparable store sales increased 2.2 percent for the 48-week period.
Shoe Carnival is a chain of 168 footwear stores located in the Midwest,
South and Southeast. Combining value pricing with an entertaining store
format, Shoe Carnival is a leading retailer of name brand and private label
footwear for the entire family. Headquartered in Evansville, IN, Shoe
Carnival trades on the Nasdaq Stock Market under the symbol SCVL. Shoe
Carnival's press releases and annual report are available on the Company's
website at http://www.shoecarnival.com/ .
To hear Shoe Carnival, Inc.'s prerecorded December sales message, log onto
Shoe Carnival's corporate information page at http://www.shoecarnival.com for an
audio replay beginning today at 7:30 a.m. Eastern time. This replay will be
accessible for two weeks following the call.
SOURCE Shoe Carnival, Inc.
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Related links:
http://www.shoecarnival.com
Company News On-Call:
http://www.prnewswire.com/comp/127183.html or fax,
800-758-5804, ext. 127183
CONTACT:
Mark L. Lemond, President and Chief Executive
Officer, or W. Kerry Jackson, Vice President and Chief Financial
Officer of Shoe Carnival, Inc., 812-867-4034
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