Shoe Carnival Inc. Reports EPS of $0.33 vs. $0.31; Revenue $179.9M vs. $180.93M

Shoe Carnival, Inc. SCVL today reported sales and earnings for the 13-week fourth quarter ended January 29, 2011.

Net sales for the fourth quarter of fiscal 2010 increased 5.3 percent to $179.9 million from $170.8 million in the fourth quarter of 2009. Comparable store sales increased 4.6 percent.

Net earnings for the fourth quarter increased 70 percent to $4.4 million, or $0.33 per diluted share, from net earnings of $2.6 million, or $0.20 per diluted share in the fourth quarter of last year.