Shoe Zone news and archive

Shoe Zone CEO Anthony Smith steps down from PLC board

Shoe Zone has announced that the company’s CEO Anthony Smith is stepping down from the PLC board to increase his focus on the day to day running of the business. Smith will remain as a director of Shoe Zone's operating subsidiary, Shoe Zone Retail Limited. Smith started at Shoe Zone in 1993, joining the board in 1996 as retail director before...

Business

Shoe Zone reports strong revenue and profit growth

For the year to September 30, Shoe Zone revenue of 165.7 million pounds, increased by 6.1 percent. Shoe Zone said pre-tax profit increased by 19.1 percent to 16.2 million pounds for the period and adjusted pre-tax profit increased by 47.3 percent to 16.5 million pounds, with an earnings per share rising to 27.79p. The company’s store revenue...

BusinessFeatured

Shoe Zone posts sales and profit growth

Shoe Zone has reported a 6.1 percent increase in full-year revenue to 165.7 million pounds, driven by strong second-half trading particularly in the peak summer and key back-to-school periods. The company expects to report adjusted profit before tax to be not less than 16 million pounds for the year under review, it announced Tuesday. Commenting...

Business

Shoe Zone raises profit outlook

Shoe Zone now expects adjusted profit before tax for the financial year ending October 2, 2023 to be not less than 13.5 million pounds. Post its last trading update on June 9, 2023, the company said that it witnessed an exceptional month of sales with trading significantly exceeding management expectations due to continued strong demand with...

Business

Shoe Zone updates outlook as trading exceeds expectation

British footwear retailer Shoe Zone has adjusted its full-year outlook after experiencing stronger-than-anticipated trading in recent months. In a brief statement Friday, the company said since publishing its interim results on May 16, “trading has exceeded expectations due to particularly strong recent trading through May and early June”. The...

Business

Shoe Zone reports sales increase, profit drops

For the 26 weeks Shoe Zone plc reported pre-tax profit of 1.5 million pounds compared to 3.1 million pounds on reported and adjusted basis in the previous year. In the period under review, the company said in a release, total revenues were 75.4 million pounds versus 69.9 million pounds in the previous year. Store revenues increased by 3.9...

Report

Shoe Zone's sales and profit increase in FY22

In the 52 weeks to October 1, 2022, Shoe Zone’s total revenues were 156.2 million pounds compared to 119.1 million pounds in 2021. The company reported pre-tax profit of 13.6 million pounds for the period compared to 9.5 million pounds last year and 11.2 million pounds against 9.5 million pounds in 2021 on an adjusted basis, with an earnings per...

Business

Shoe Zone's FY22 revenues increase by 31.2 percent

In the 52 weeks to October 1, 2022, revenues at Shoe Zone plc were 156.2 million pounds compared to 119.1 million pounds last year. This represents an increase of 31.2 percent on FY21. The company’s digital revenues decreased by 13.6 percent to 26.4 million pounds and represented 16.9 percent of group revenue. The company said in a release that...

BusinessFeatured

Shoe Zone ups full-year profit outlook again following strong August trading

British footwear retailer Shoe Zone has upped its profit guidance for the second time in just over a month as it continues to experience better than expected sales. In a brief statement on Wednesday, the company said its trading has “continued to exceed expectations” thanks to “strong demand” for summer and back to school products throughout...

Business

Shoe Zone ups FY profit outlook

UK footwear retailer Shoe Zone has upped its full-year profit guidance following stronger-than-expected trading in recent weeks. It now expects FY22 adjusted profit before tax to be at least 9.5 million pounds, compared to a previous estimate of 8.5 million pounds. In a brief statement Tuesday, the company said: “Shoe Zone is pleased to announce...

Business

Shoe Zone expects to report increase in FY22 pre-tax profit

Since the publication of its interim results in May, Shoe Zone said, the business has been trading well along with strong margin improvements and cost savings due to rent reductions and good supply chain management. The company expects the similar trend to continue into the fourth quarter of the company's financial year for the 52 weeks to...

Business

Shoe Zone swings to profit

For the 26 weeks to April 2, 2022, Shoe Zone Plc reported revenues of 69.9 million pounds with a profit before tax of 3.1 million pounds compared to loss of 2.6 million pounds in the first half period of 2021. The company said in a release that the increase in revenue reflects trading in the stores for the whole of the period with less...