Shoe Carnival reports Q1 sales results

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Evansville, Ind. Shoe Carnival reported that net sales for first quarter 2010 increased 13.2% to $189.5 million from $167.3 million for first quarter 2009.

Same-store sales for the thirteen-week period ended May 1, 2010 increased 13.1%. Both net sales and comparable-store sales for first quarter 2010 were above the company’s prior guidance for net sales in the range of $181 to $183 million and a same-store sales increase of 8% to 9%.

The company plans to report its full first quarter 2010 financial results on June 2.