Shoe Carnival profit slips due to weak market

May 24, 2007
First-quarter profit fell to $7.3 million from $7.4 million a year earlier for Shoe Carnival Inc., the Evansville shoe retailer reported today. Comparable-store sales in the period ended April 29 dipped 3.7 percent.

The company blamed the results on sluggish shoe sales across the industry.
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