Shoe Carnival sales rise in December

05/01/2006

Footwear and accessories retailer Shoe Carnival, Inc., has reported that sales for the five-week period ended December 31, 2005 increased 12.8% to $72.5 million from sales of $64.3 million for the five-week period ended January 1, 2005. Comparable store sales increased 10.6% in December 2005.

Sales for the first 11 months of 2005 increased 10.9% to $616.6 million from sales of $555.8 million for the first 11 months of 2004. Comparable store sales increased 6.6% for the 48-week period.

The company also announced the closing of two stores during the month.