Shoe Carnival Reports Record 1stQ 2010 Results

June 3, 2010 at 10:37 am Leave a comment

Shoe Carnival, Inc. a leading retailer of value-priced footwear and accessories, today announced sales and earnings for the first quarter ended May 1, 2010.

Net sales for the first quarter of fiscal 2010 increased 13.3 percent to $189.5 million compared to net sales of $167.3 million in the first quarter of fiscal 2009. Comparable store sales increased 13.1 percent.

Net earnings for the thirteen-week first quarter increased 124 percent to $9.2 million compared to $4.1 million in the thirteen-week first quarter ended May 2, 2009. Diluted earnings per share for the quarter increased to $0.72 from $0.33 in the prior year first quarter.

Source Link : Fibashion.com

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Entry filed under: Fashion.

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