EVANSVILLE, Ind., July 11 /PRNewswire-FirstCall/ -- Shoe Carnival, Inc.
(Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories,
today reported sales for the five-week period ended July 6, 2002 increased
15 percent to $45.6 million from sales of $39.7 million for the five-week
period ended July 7, 2001. Comparable store sales increased 3.4 percent in
June 2002.
Sales for the first five months of 2002 increased 10.9 percent to
$212 million from sales of $191.1 million for the first five months of 2001.
Comparable store sales increased by 0.9 percent for the 22-week period.
The Company also announced the opening of one new store in June, in
Cuyahoga Falls, OH.
Shoe Carnival, Inc. expects to announce second quarter and year-to-date
2002 earnings on August 15, 2002.
Shoe Carnival is a chain of 193 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 June
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/gh/cnoc/comp/127183.html
CONTACT:
Mark L. Lemond, President and Chief Executive
Officer, or W. Kerry Jackson, Senior Vice President and Chief
Financial Officer of Shoe Carnival, Inc., +1-812-867-4034
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