Shoe Carnival saw its net profit decline by 25 percent to $3.3 million in the fourth quarter ended Jan. 28 as the American shoe retailer's sales increased by 1.1 percent to $181.9 million, but with a drop in same-store sales of 3.0 percent. For the full financial year, sales increased by 0.7 percent on a comparable store basis and by 3.2 percent overall, reaching a level of $762.5 million. Net income declined slightly to $26.4 million from $26.8 million.