Challenging trading conditions over recent months, combined with increased operating costs resulting from the Government’s budget has resulted in plans to close a number of stores that are no longer considered viable. These pressures are expected to materially impact performance, with FY25E Adj. PBT now guided to be not less than £5.0m, a 50% downgrade versus previous guidance of £10.0m. As a result, the Company is not proposing to pay a final dividend for FY24. FY24 results will be published o ....

18 Dec 2024
Shoe Zone plc (SHOE LN) - Trading Update - Corporate

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Shoe Zone plc (SHOE LN) - Trading Update - Corporate
Shoe Zone PLC (SHOE:LON) | 73.0 -0.4 (-0.8%) | Mkt Cap: 33.7m
- Published:
18 Dec 2024 -
Author:
Rachel Birkett, CFA -
Pages:
8 -
Challenging trading conditions over recent months, combined with increased operating costs resulting from the Government’s budget has resulted in plans to close a number of stores that are no longer considered viable. These pressures are expected to materially impact performance, with FY25E Adj. PBT now guided to be not less than £5.0m, a 50% downgrade versus previous guidance of £10.0m. As a result, the Company is not proposing to pay a final dividend for FY24. FY24 results will be published o ....