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(SHOE) Shoe Zone Share Chat

Discussion in 'General Share Chat (SHOE)' started by Steamy, Nov 5, 2015.

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  1. Steamy

    Steamy Co-Founder of BlueShare Staff Member Moderator

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    Shoe Zone
     
  2. Mongoose82

    Mongoose82 A Legendary Member

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    finnCap's published a note this morning: https://www.research-tree.com/company/GB00BLTVCF91

    "H1’16 numbers were a tale of two quarters. H2 is trading in line with expectations and has a soft base. We ... price target but move from a ... rating given the share price appreciation. Interim numbers were marginally lower YoY. Revenue was down 4.6% to £74.6m and gross profit was down 5% to £9.9m (margin flat) with pre-tax profit and EPS both down 4% at £1.9m and 3.0p respectively."
     
  3. Groucho

    Groucho Member

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  4. Groucho

    Groucho Member

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  5. Groucho

    Groucho Member

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  6. Groucho

    Groucho Member

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    29 June 2022

    Shoe Zone plc

    ("Shoe Zone" or the "Company")

    Trading Update

    Shoe Zone is pleased to announce that since the publication of its interim results in May, the business has been trading well and has also seen strong margin improvements and cost savings, in particular as a result of rent reductions and good supply chain management, which are expected to continue into Q4 of the Company's financial year for the 52 weeks to 2 October 2022 ("FY 2022").

    As a result, the Company now expects adjusted1 profit before tax for FY 2022, to be not less than £8.5m.

    1 Adjusted to exclude the profit on the sale of freehold property
     

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