Shoe Carnival reported sales for the four-week period ended May 29, 2004 increased 8.8% to $43.1 million from sales of $39.6 million for the four-week period ended May 31, 2003. Comparable store sales increased 0.5% in May 2004.

Sales for the first four months of 2004 increased 6.8 percent to $188.5 million from sales of $176.4 million for the first four months of 2003. Comparable store sales decreased 1.5 percent for the seventeen-week period.