Shoe retailer narrows loss outlook
UK-based footwear retail group Shoe Zone has revised its full-year loss expectations after a stronger trading performance in the final months of its financial year.
The company now anticipates an adjusted pre-tax loss of up to £1 million for the year ending 3 October 2026, an improvement on its previous forecast of a loss between £1 million and £2 million.
Shoe Zone said sales benefited from increased customer activity during its warehouse clearance programme, as well as favourable weather conditions during the half-term holiday period. The improved trading also supported the group’s cash position.
The retailer said it remains focused on managing cash flow and evaluating capital allocation decisions.