9th Jun 2023 10:18
Shoe Zone PLC - Leicester, England-based footwear retailer - Says trading has exceeded expectations due to "strong" recent trading through May and early June. Says it is a combination of strong early demand for summer products and lower container rates contributing to improved margins. As a result, expects adjusted pretax profit for financial year ending on October 2 to be not less than GBP10.5 million. For financial 2022, pretax profit was GBP13.6 million. Revenue was GBP156.2 million.
Current stock price: 228.55 pence each, up 8.8% on Friday morning in London
12-month change: up 43%
By Xindi Wei, Alliance News reporter
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