Shoe Carnival, Inc., a retailer of value-priced footwear and accessories, announced updated expectations for net sales and comparable store sales for the fourth quarter ending on January 30.
paula abdul Stainless Steel RingsDue to the timing of the Company's upcoming participation at the ICR XChange Conference on January 14, the Company is providing this business update. The Company said that it does not plan to provide preliminary financial information in the future other than in unique circumstances, or in the event of a material event that requires disclosure.
The Company now expects net sales to range from $168.0 to $169.0 million for the fourth quarter of 2009. For the quarter, the Company expects comparable store sales in the range of 7 percent to 8 percent versus previous guidance for comparable store sales of 3 murano glass Laser Earring percent to 5 percent.
"We are pleased that our value proposition for name brand footwear continues to resonate well with the consumer. This is resulting in sales above our original expectations for the fourth quarter," said Mark Lemond, Shoe Carnival's President and Chief Executive Officer. "Our merchandise assortment is allowing us to capitalize on key fashion trends in women's boots, athletic and toning categories. We continue to execute our strategy to gain long- term market share, improve profitability and generate free cash flow."
The Company plans to report fourth quarter and full year 2009 financial results on March 18.
embroidered patches
Shoe Carnival is a chain of 317 footwear stores located in the Midwest, South and Southeast.
((Comments on this story may be sent to ))
Other articles:
http://www.collabajam.com/index.php/public/blog/view/id_142/
http://www.livebandsforhire.com/blog/view/id_133/title_Women-drivers-are-key-targets/