Shoe Pavilion reports Q3 results

10/11/2005

US footwear retailer Shoe Pavilion, Inc. has announced net income of $293,000 for the third quarter ended October 1, 2005 compared with $24,000 for the same period in 2004. Net income for the nine months ended October 1, 2005 was $1.4 million compared with $1.1 million, for the comparable period in the prior year.

Comparable store net sales increased 7.8% for the third quarter ended October 1, 2005 from the same period last year. Net sales for the third quarter ended October 1, 2005 increased 20.1% to $24.8 million from $20.7 million for the same period last year.

Comparable store net sales for the nine months ended October 1, 2005 increased 9% from the same period last year. Net sales for the nine months ended October 1, 2005 increased 19.8% to $73.0 million from $61.0 million for the same period last year.

Shoe Pavilion offers a selection of women's, men's and children's designer label and named brand footwear.