Shoe Carnival’s March sales up 18.4%

11/04/2005

Shoe Carnival, Inc., a retailer of value-priced footwear and accessories, has reported an 18.4% increase in sales to $67.1 million for the five-week period ended April 2, 2005 up from sales of $56.6 million for the same period ended April 3, 2004. Comparable store sales increased 13% in March 2005.

 

Sales for the nine-week period ended April 2, 2005 increased 19.2% to $115.3 million compared with $96.7 million for the nine-week period ended April 3, 2004. Comparable store sales increased 13.1% for the two-month period.

 

The company also announced the opening of one new store in March in Beckley, WV, bringing the total number of its footwear stores to 261.