US specialty retailer of footwear for young women Bakers Footwear Group, Inc. has posted net sales of $61.2 million for the fourteen-week fourth quarter, ended February 3, down slightly on the $61.3 million reported for the thirteen-week fourth quarter period in the prior year. Comparable store sales also decreased, falling 13.8%.

Gross profit decreased to $20.3 million compared with $23.1 million in the prior year period, whilst net income fell to $1.4 million from $4.5 million.

On a more positive note, for the full fiscal year net sales reached $204.8 million compared with $194.8 million, although comparable store sales decreased 7.1%. Gross profit slipped to $62.2 million from $65.3 million and the company reported an operating loss of $1.6 million compared with an operating income of $10.7 million in fiscal 2005.

The company, which operates over 250 stores across the USA, sells private label and national brand dress, casual and sport shoes, boots, sandals and accessories.