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Shoe Carnival Reports Record May Sales; Comparable Store Sales Increase 3.4 Percent

    EVANSVILLE, Ind., June 7 /PRNewswire/ -- Shoe Carnival, Inc.
(Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories,
today reported sales for the four-week period ended June 2, 2001 increased
10.2 percent to $34.3 million from sales of $31.1 million for the four-week
period ended May 27, 2000.  Comparable store sales increased 3.4 percent in
May 2001.
    Sales for the first four months of 2001 increased 19.7 percent to
$151.5 million from sales of $126.5 million for the first four months of 2000.
Comparable store sales increased by 2.6 percent for the seventeen-week period.
    The Company also announced the opening of two new stores in Toledo, OH in
May.
    Shoe Carnival is a chain of 170 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 the telephone replay of Shoe Carnival, Inc.'s pre-recorded May
sales message, please dial 888-203-1112 followed by conference call I.D.
number 611339 beginning today at 7:30 a.m. Eastern time. The telephone replay
will be available for one week.



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