Independent US footwear retailer Shoe Pavilion, Inc. has announced net income of $704,000 for the second quarter ended July 2, 2005 compared with $694,000 for the second quarter of 2004. Net income for the six months ended July 2, 2005 was $1.1 million compared with net income of $1.0 million for the same period in 2004.

Net sales for the second quarter ended July 2, 2005 increased 20.3% to $24.9 million from $20.7 million for the same period last year. Net sales for the six months ended July 2, 2005 increased 19.7% to $48.2 million from $40.3 million for the same period last year.

During the quarter, ended July 2, 2005, the company opened four stores and closed two stores in which the leases had expired, bringing the total number of stores the company operates to 87.