Shoe Carnival and Proxy Corner

PROXY CORNER: Shoe Carnival Inc.

October 27, 2012

Shoe Carnival Inc., 7500 E. Columbia St., Evansville 47715, operates 345 shoe stores in 32 states and Puerto Rico, in addition to selling through its website, shoecarnival.com. In the first six months of 2012, the company earned $13.9 million, or 68 cents per share, on sales of $404.8 million. In the same period a year earlier, Shoe Carnival earned $12.4 million, or 63 cents per share, on sales of $365.1 million. The company’s shares trade on NASDAQ under the ticker SCVL. The company announced Oct. 18 that CEO Mark Lemond is retiring for health reasons and will be replaced by Executive Vice President Clifton Sifford. Information for Proxy Corner was taken from Yahoo Finance and from the company’s proxy statement dated May 7, 2012.

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