EVANSVILLE, Ind., Sept. 2 /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 28, 1999 increased
21.7 percent to $40.4 million from sales of $33.2 million for the four-week
period ended August 29, 1998. Comparable store sales were flat in August
1999. In August 1998, comparable store sales increased 3.7 percent.
Sales for the first seven months of 1999 increased 20.8 percent to
$201.8 million from sales of $167.0 million for the first seven months of
1998. Comparable store sales increased 1.6 percent for the 30-week period.
The Company also announced the opening of three stores in August,
including locations in Danville, VA; St. Petersburg, FL; and Oviedo, FL.
Shoe Carnival is a chain of 129 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 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, both of Shoe Carnival, Inc., 812-867-4034
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