Shoe Carnival, Inc. reported sales for the four-week period ended October 30, 2004, increased 6.3% to $40.0 million from sales of $37.7 million for the four-week period ended November 1, 2003. Comparable store sales increased 1.0% in October 2004.

Sales for the 13-week third quarter increased 6.8 percent to $162.7 million from sales of $152.4 million for the 13-week quarter ended November 1, 2003. Comparable store sales increased 0.4 percent for the 13-week period.

Sales for the first nine months of 2004 increased 5.3 percent to $446.3 million from sales of $423.7 million for the first nine months of 2003. Comparable store sales decreased 1.5 percent for the 39-week period.

The Company also announced the opening of an additional store during the month in Greenwood Village, CO (Denver Market). During the third quarter, the Company opened six stores and closed one.