Article: Bakers Footwear Reports Significant Improvement in Third Quarter and First Nine Months Fiscal 2005 Results; Third Quarter Net Sales Increase 33.9%.

ST. LOUIS -- Bakers Footwear Group, Inc. (Nasdaq: BKRS), the leading specialty retailer of moderately priced fashion footwear for young women, today announced results for the thirteen and thirty-nine weeks ended October 29, 2005.

For the third quarter, the thirteen weeks ended October 29, 2005:

--Net sales increased 33.9%, to $43.2 million from $32.3 million for the thirteen weeks ended October 30, 2004. Comparable store sales increased 21.0% compared to a 7.6% decrease last year;

--Operating loss decreased to $1.7 million, or 3.9% of net sales, from the operating loss of $4.0 million, or 12.3% of net sales in the same period a year ago;

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