REG - Shoe Zone PLC - Trading Update

Shoe ZoneAnnouncement

31/08/2022 07:00

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RNS Number : 6647X  Shoe Zone PLC  31 August 2022

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Shoe Zone plc

("Shoe Zone" or the "Company")

Trading Update

 

Shoe Zone is pleased to announce that since the publication of its trading
update on 26 July 2022, trading has continued to exceed expectations due to
continued strong demand for summer and back to school products throughout
August. The Company also continues to benefit from the margin improvements as
outlined in recent trading updates.

As a result, the Company now expects adjusted1 profit before tax for the
financial year ending 2 October 2022 to be not less than £10.5m.

1 Adjusted to exclude the profit on the sale of freehold property and foreign
exchange revaluations

 

For further information please call:

Shoe Zone PLC
                                           Tel: +44 (0)
116 222 3000

Anthony Smith (Chief Executive)

Terry Boot (Finance Director)

 

Zeus (Nominated Adviser and
Broker)
            Tel: +44 (0) 203 829 5000

David Foreman, James Hornigold, Guy Brinkley (Investment Banking)

Dominic King (Corporate Broking)

 

 

 

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