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Bakers Footwear holiday sales peg up 40.2%

06
Jan '06
Bakers Footwear Group Inc, the leading specialty retailer of moderately priced fashion footwear for young women, today announced robust sales for the two-month period beginning October 30, 2005 and ending December 31, 2005 ("Holiday Sales Period").

For the two-month Holiday Sales Period ended December 31, 2005 net sales increased 40.2% to $49.6 million up from $35.4 million in the comparable nine week period ended January 1, 2005. Comparable store sales for the Holiday Sales Period increased 27.2% compared to a 0.1% increase in the comparable period last year.

Commenting on the announcement, Peter Edison, Chairman and Chief Executive Officer of Bakers Footwear Group, said: "We delivered a tremendously successful holiday selling season. Sales were strong across most of our categories with notable growth in boots. We were also pleased to see continued momentum in casual and dress shoes."

The Company also indicated that it will be presenting at both the SG Cowen 4th Annual Consumer Conference and the 8th Annual ICR XChange Conference in January 2006. The presentation for the SG Cowen 4th Annual Consumer Conference is scheduled for Wednesday, January 11, 2006 at 4:00 pm Eastern Time at the Westin New York at Times Square.

A web cast of the presentation will be available at http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=BKRS&item_id=1189690. A replay of the web cast will be available for 90 days. The presentation for the 8th AnnualICR XChange Conference is scheduled for Friday, January 13, 2006 at 9:40 am Eastern Time at the Ritz-Carlton, Naples.


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