Strong trading through August, driven by demand for summer products and a promising start to key ‘back to school’ trading, combined with ongoing margin improvement means Shoe Zone now expects adj. PBT to be “not less than £10.5m”, 11.0% ahead of previous guidance of “no less than £9.5m”.
31 Aug 2022
Shoe Zone plc (SHOE LN) - Strong August drives upgrades
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Shoe Zone plc (SHOE LN) - Strong August drives upgrades
Shoe Zone PLC (SHOE:LON) | 205 0 0.0% | Mkt Cap: 94.8m
- Published:
31 Aug 2022 -
Author:
Rachel Birkett, CFA -
Pages:
8
Strong trading through August, driven by demand for summer products and a promising start to key ‘back to school’ trading, combined with ongoing margin improvement means Shoe Zone now expects adj. PBT to be “not less than £10.5m”, 11.0% ahead of previous guidance of “no less than £9.5m”.