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Payless ShoeSource July Same-Store Sales Decreased 8.9 Percent

TOPEKA, Kan., Aug. 8 /PRNewswire-FirstCall/ -- Payless ShoeSource, Inc. (NYSE: PSS) today reported that same-store sales decreased 8.9 percent during the July reporting period, the four weeks ended August 3, 2002.

Company sales totaled $197.6 million, a 6.1 percent decrease from $210.4 million during July 2001.

Total sales for the first six months of fiscal 2002 were $1.51 billion, a 3.8 percent decrease from $1.57 billion during the similar period in fiscal 2001.

Payless ShoeSource Makes Back-to-School Shoe Shopping a Breeze for Parents With One of the Retail Industry's Most Comprehensive Children's Footwear Program

TOPEKA, Kan., Aug. 6 /PRNewswire/ -- With back-to-school marking one of the heaviest kids' shoe-shopping seasons, Payless ShoeSource reminds consumers of its comprehensive children's footwear program, which tackles kids' shoe- shopping challenges from fit to fashion head on and makes the entire back-to- school shopping process easier and more enjoyable for parents and kids.

The program addresses everything parents and kids care about when it comes to shoes and shoe shopping, including:

Payless ShoeSource Announces Plans to Release Second Quarter Earnings

TOPEKA, Kan., Aug 5, 2002 /PRNewswire-FirstCall via COMTEX/ -- Payless ShoeSource, Inc. (NYSE: PSS) today announced that it plans to release second quarter earnings on Wednesday, August 14, 2002, before the market opens at 9:00 a.m. Eastern Time. A teleconference call by management will occur at 1:00 p.m. Eastern Time. The dial-in number for the teleconference call in the United States is (800) 553-5260. If you are dialing in internationally, the number is (612) 332-1213.

The company also intends to webcast the conference call on the Internet at StreetEvents(SM).

Back-To-School Season Means Kids' Shoe-Shopping; Parents Should Look For a Good Fit and Shoes With The Right Features to Protect Kids' Feet

TOPEKA, Kan., July 16 /PRNewswire/ -- Healthy feet as an adult are due in large part to having healthy feet as a child. With back-to-school season marking one of the heaviest for kids' shoe shopping, parents should look for a proper fit, and be aware of critical shoe features designed to address the unique needs of kids' rapidly growing feet.

Payless ShoeSource June Same-Store Sales Decreased 3.2 Percent

TOPEKA, Kan., Jul 11, 2002 /PRNewswire-FirstCall via COMTEX/ -- Payless ShoeSource, Inc. (NYSE: PSS) today reported that same-store sales decreased 3.2 percent during the June reporting period, the five weeks ended July 6, 2002.

Company sales totaled $318.0 million, a 1.3 percent decrease from $322.3 million during June 2001.

Total sales for the first five months of fiscal 2002 were $1.32 billion, a 3.4 percent decrease from $1.36 billion during the similar period in fiscal 2001.

Same-store sales decreased 5.7 percent during the first five months of the fiscal year.

Payless ShoeSource, Exclusive Carrier of the Official Spy Kids(TM) 2 Shoe, Announces Immediate Availability of the Actual Shoes Worn in Movie

TOPEKA, Kan., July 9 /PRNewswire/ -- It doesn't take a super spy to locate the official Spy Kids(TM) 2 shoe worn by the actors in the new movie, Spy Kids(TM) 2: The Island of Lost Dreams, due in theaters Aug. 7, starring Antonio Banderas, Carla Gugino, Alexa Vega and Daryl Sabara and directed by Robert Rodriguez. Available only at the nearly 5,000 Payless ShoeSource stores throughout North America, the official Spy Kids 2 (TM) shoe is ready for immediate purchase -- while supplies last -- for all top secret agents.

New Shoe Fitting Service Promotes Proper Foot Health for Kids; Designed To Keep Pace With Rapid Growth of Children's Feet

TOPEKA, Kan., July 2 /PRNewswire/ -- In homes with young children, it's not just pant legs and shirt sleeves that seem to shrink on a daily basis. With little feet growing as much as three sizes each year, shoes are an ongoing challenge too. But unlike pant hems, shoes are not adjustable, and ensuring that their shoes fit properly is very important for children's ongoing foot and general health.

The Stride Rite Corporation Names New Children's Group President

LEXINGTON, Mass., Jun 25, 2002 (BUSINESS WIRE) -- The Stride Rite Corporation (NYSE:SRR) today announced that Pamela Salkovitz has been named President of Stride Rite's Children Group division.

David M. Chamberlain, Stride Rite Corporation's Chairman and CEO, commented, "I am pleased to announce that Pamela Salkovitz will be joining Stride Rite effective July 15th as President of the Children's Group. Pam brings an exceptional footwear specialty store retailing background to the position. For the last year Pam has served as President of the retail group for Candies footwear.

Stride Rite Reports Increase in Second Quarter Sales

LEXINGTON, Mass., Jun 25, 2002 (BUSINESS WIRE) -- The Stride Rite Corporation (NYSE: SRR) today reported sales and earnings for the second quarter of its 2002 fiscal year.

Net sales for the second quarter of fiscal 2002 were $156.5 million, an increase of 2% from the net sales of $153.7 million in the comparable period of fiscal 2001. Earnings per share on a diluted basis were $.27 in the second quarter of fiscal 2002, $.03 per share higher than the second quarter of 2001.

Stride Rite Names Shira Goodman as New Director

LEXINGTON, Mass., Jun 20, 2002 (BUSINESS WIRE) -- The Stride Rite Corporation (SRR;NYSE), a leading marketer of casual and active footwear for children and adults, today announced the appointment of Shira D. Goodman to its Board of Directors.

Ms. Goodman is Executive Vice President of Marketing for Staples, Inc. She is responsible for all corporate and retail marketing functions including mass media, sports marketing, direct marketing, loyalty programs, field force, public relations and community relations. Ms. Goodman joined Staples in 1992 as Director of Marketing.

David M.


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