EVANSVILLE, Ind., April 6 /PRNewswire/ -- Shoe Carnival, Inc.
(Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories,
today reported sales for the five-week period ended April 1, 2000 increased
12.3 percent to $35.8 million from sales of $31.9 million for the five-week
period ended April 3, 1999. Comparable store sales decreased 6.0 percent in
March 2000.
The Company noted that the decline in the comparable store sales resulted
from a later Easter. The Easter selling period shifted from March last year
into April this year. March and April results should be combined for a more
meaningful comparison to last year.
Sales for the nine-week period ended April 1, 2000 increased 15.2 percent
to $61.3 million from sales of $53.2 million for the nine-week period ended
April 3, 1999. Comparable store sales decreased 4.0 percent for the period.
The Company also announced the opening of two new stores in March, one
each in Tampa, FL and Pensacola, FL.
Shoe Carnival is a chain of 143 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/ .
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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