EVANSVILLE, Ind., April 8 /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 3, 1999 increased
25.8 percent to $31.9 million from sales of $25.4 million for the five-week
period ended April 4, 1998. Comparable store sales increased 10.0 percent in
March 1999.
The Company noted that due to the week earlier shift in the Easter selling
period, March and April results should be combined for a more meaningful
comparison to last year.
Sales for the nine-week period ended April 3, 1999 increased 24.2 percent
to $53.2 million from sales of $42.9 million for the nine-week period ended
April 4, 1998. Comparable store sales increased 8.1 percent for the period.
The Company also announced the grand opening of two additional stores in
the Chicago area, one each in Joliet, IL and Berwyn, IL.
Shoe Carnival is a chain of 113 footwear stores located in the Midwest and
mid-South. 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 1997 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/787787.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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