Source - Alliance News

Shoe Zone PLC - Leicester, England-based footwear retailer - Posts revenue of £75.4 million for the 26 weeks ended on April 1, up 7.9% from £69.9 million a year before. Store revenue is up 6.8% to £61.1 million from £57.2 million, while Digital revenue is up 13% to £14.3 million from £12.7 million. Pretax profit, however, is down to £1.5 million from £3.1 million, as administrative expenses rise to £9.1 million from £7.5 million a year before. Declares an interim dividend of 2.5 pence per share, unchanged from a year prior. Looking ahead, expects full-year results to be in line with market expectations. ‘Shoe Zone delivered a robust and positive performance in the period against a backdrop of consumer uncertainty and macroeconomic volatility,’ the firm adds.

Current stock price: 200.00 pence each, down 17% on Tuesday morning in London

12-month change: up 34%

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Shoe Zone PLC (SHOE)

+5.00p (+2.61%)
delayed 15:57PM