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SHOE CARNIVAL SALES UP 13.5 PERCENT

 EVANSVILLE, Ind., May 6 /PRNewswire/ -- Shoe Carnival, Inc. (NASDAQ: SCVL) today reported sales for the four week period ended May 1, 1993 increased 13.5 percent to $11.4 million from sales of $10.1 million for the same period in 1992. Sales of $41.7 million for the 17 weeks ended May 1, 1993 increased 9.8 percent from sales of $37.9 million during the 18-week period May 2, 1992. For the comparable 17 week period, sales increased 17.3 percent. Gross profit margins for the April period were virtually unchanged from the prior year period.
 The company's comparable store sales increased 2.2 percent for the four weeks ended May 1, 1993 and increased 6.1 percent for the year to date period. In consideration of the shift in the Easter selling period, the company reported a combined March and April comparable store sales increase of 7.9 percent.
 Shoe Carnival, Inc. is a high volume, value oriented retailer of family footwear operating a chain of 41 stores in 10 states predominantly in the Midwest and Midsouth.
 -0- 5/6/93
 /CONTACT: Mark L. Lemond, executive vice president and chief financial officer of Shoe Carnival, Inc., 812-867-4034/
 (SCVL)


CO: Shoe Carnival, Inc. ST: Indiana IN: REA SU:

SM -- CL022 -- 5555 05/06/93 14:48 EDT
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Publication:PR Newswire
Date:May 6, 1993
Words:219
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