28.03 2010

Evansville-based Shoe Carnival reports a profitable fourth quarter and year

Evansville-based Shoe Carnival ended the fourth quarter — and 2009 as a whole — in the black, the company reported today.

The company saw net earnings of $2.6 million, or 20 cents per diluted share, during the fourth quarter. That compares to a net loss of $3 million (24 cents per share) during the same period in 2008.

For the entire year Shoe Carnival’s made a profit of $15.2 million, or $1.20 per share, as compared to a profit of $5.3 million (43 cents per share) in 2008.

The company will discuss its financial results during a conference call at 1 p.m. today. The call will be webcast live at the company’s Web site, www.shoecarnival.com.

Visit courierpress.com later for more on this story.

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