Shoe Carnival to Report Fourth Quarter 2009 Financial Results on March 18, 2010

Shoe Carnival, Inc. (NASDAQ: SCVL), a leading retailer of value-price footwear and accessories, today announced fourth quarter earnings results will be released on Thursday, March 18, 2010 at approximately 7:00 a.m. Eastern Time. Later that day, the Company will host its quarterly conference call to discuss fourth quarter results at 2:00 p.m. Eastern Time.

This call is being webcast and can be accessed at the Investors section of Shoe Carnival’s website at www.shoecarnival.com. The online replay of the conference call will be available shortly after the call and will be available for one year.

About Shoe Carnival, Inc.

Shoe Carnival is a chain of 310 footwear stores located in the Midwest, South and Southeast. Combining value pricing with an entertaining store format, Shoe Carnival is a leading retailer of name brand and private label footwear for the entire family. Headquartered in Evansville, IN, Shoe Carnival trades on The NASDAQ Stock Market under the symbol SCVL. Shoe Carnival's press releases and annual report are available on the Company's website at www.shoecarnival.com.