EVANSVILLE, Ind., Nov. 4 /PRNewswire/ -- Shoe Carnival, Inc.
(Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories,
today reported sales for the four-week period ended October 30, 1999 increased
21 percent to $22.6 million from sales of $18.7 million for the four-week
period ended October 31, 1998. Comparable store sales increased 2.1 percent
in October 1999.
Sales for the 13-week third quarter increased 23.3 percent to $94.2
million from sales of $76.4 million for the 13-week quarter ended October 31,
1998. Comparable store sales increased 2 percent for the 13-week period.
Sales for the first nine months of 1999 increased 21.5 percent to $255.5
million from sales of $210.2 million for the first nine months of 1998.
Comparable store sales increased by 2.1 percent for the 39-week period.
The Company also announced the opening of four stores in October, one each
in Tupelo, MS; Fayetteville, GA; Katy, TX; and Rocky Mount, NC. Additionally,
one store each in the Chicago and St. Louis areas have opened in November.
Shoe Carnival is a chain of 138 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 of Shoe Carnival, Inc., 812-867-4034
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