REG - Shoe Zone PLC - Trading Update

Shoe ZoneAnnouncement

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RNS Number : 3713B  Shoe Zone PLC  22 April 2026

The information contained within this announcement is deemed to constitute
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Shoe Zone plc

("Shoe Zone" or the "Company")

Trading Update

Shoe Zone announces that for the first quarter of this calendar year, it has
experienced challenging trading conditions, principally due to a continued
weakening in consumer confidence, following on from the Government's last two
budget announcements, and the geo-political issues in the Middle East. These
macroeconomic factors have increased customer caution, leading to lower
footfall, less discretionary spend and additional costs such as container
prices and transportation costs, with a resultant reduction in revenue and
profit. It is expected that H2 trading (and costs) will also be impacted.

As a result, the Company now expects an adjusted loss before tax for the
financial year ended 3 October 2026 to be in the range £1.0m - £2.0m, down
from previous expectations of a £1.0m adjusted profit before tax.

We remain debt free and confident in our cash management, with cash levels at
the end of March 2026 higher than the year end position for FY25.

The Company expects to announce its interim results in early May 2026.

 

 

 

For further information please call:

Shoe Zone PLC
                                           Tel: +44 (0)
116 222 3001

Charles Smith (Chairman)

Terry Boot (Finance Director)

 

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

James Hornigold, David Foreman, Ed Beddows (Investment Banking)

Dominic King (Corporate Broking)

 

About Shoezone

Shoezone is a Town Centre, Retail Park and Digital footwear retailer,
offering, low price, high quality footwear for the whole family.

Shoezone operates from a portfolio of 259 stores and has approximately 2,050
employees across the UK.

The store portfolio consists of 53 original high street store and 206 larger
format stores. The new format stores sell additional brands such as Skechers,
Hush Puppies, Rieker and Lilley & Skinner.

shoezone.com combined with the store network, ensures a full multi-channel
offering for great customer service.

During an average year Shoe Zone sells 13.3 million pairs of shoes per annum
at an average retail price of c.£13.00.

 

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