EVANSVILLE, Ind., Aug. 31 /PRNewswire/ -- Shoe Carnival, Inc.
(Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories,
today reported sales for the four-week period ended August 26, 2000 increased
26.4 percent to $51.1 million from sales of $40.4 million for the four-week
period ended August 28, 1999. Comparable store sales increased 7.4 percent in
August 2000.
Mark L. Lemond, president and chief executive officer commented, "We are
very pleased with the back-to-school season. Our customers reacted very
nicely to a combination of sound promotions, timely advertising and a solid
product offering, especially athletic product."
Sales for the first seven months of 2000 increased 20 percent to
$242.1 million from sales of $201.8 million for the first seven months of
1999. Comparable store sales increased 1.1 percent for the 30-week period.
The Company also announced the opening of two new stores in August; one
each in Killeen, TX and Champaign, IL.
Shoe Carnival is a chain of 156 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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