Shoe Carnival Inc, which sells value-priced footwear and accessories, today said second quarter sales slipped on poor performance of its athletic products.

Quarterly sales were down 1.2% to $146.9m from $148.7m in the same period last year. Comparable store sales decreased 1.0% in the second quarter.

Sales for the first six months of 2006 increased 1.9% to $315.4m from $309.4m in the same period last year. Comparable store sales increased 1.8% for the 26 weeks.

Mark Lemond, president and chief executive officer, said. "We continue to perform well with our men's and women's dress and casual product achieving respectable comparable store sales increases in the second quarter."

Based on these results, the company now expects diluted earnings per share to be $0.20 or $0.21 for the second quarter of 2006.