Shoe Zone’s accelerated digital strategy and defined store rationalisation programme, alongside decisive action on cost control and cash preservation, means the Group is emerging from the pandemic as a leaner, stronger and more resilient business. Robust cash generation means we expect the Group to be debt free and able to reinstate its dividend in the current year.
13 Oct 2021
Shoe Zone PLC (SHOE LN) - Initiation: Best foot forward
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Shoe Zone PLC (SHOE LN) - Initiation: Best foot forward
Shoe Zone PLC (SHOE:LON) | 148 0 0.0% | Mkt Cap: 68.2m
- Published:
13 Oct 2021 -
Author:
Rachel Birkett, CFA -
Pages:
28
Shoe Zone’s accelerated digital strategy and defined store rationalisation programme, alongside decisive action on cost control and cash preservation, means the Group is emerging from the pandemic as a leaner, stronger and more resilient business. Robust cash generation means we expect the Group to be debt free and able to reinstate its dividend in the current year.