Shoe Carnival, a leading retailer of value-priced footwear and accessories, today reported sales for the five-week period ended January 1, 2005 increased 6.4 percent to $64.3 million from sales of $60.5 million for the five-week period ended January 3, 2004. Comparable store sales increased 1.1 percent for the five-week period.

Sales for the first eleven months of 2004 increased 5.4 percent to $555.8 million from sales of $527.5 million for the first eleven months of 2003. Comparable store sales decreased 1.2 percent for the 48-week period.