Shoe Zone Forecasts £1m Adjusted Pre-Tax Loss for FY
For the 53 weeks to 3 October, Shoe Zone said it was on course to post an adjusted pre-tax loss of around £1m, versus a £2.4m profit a year earlier. Revenue fell 4.5% to £142.4m and store numbers declined 6.7% to 251.
In an update for the 53 weeks to 3 October, the company said it was on course to post an adjusted pre-tax loss of around £1m, versus a profit of £2.4m a year earlier, in line with management expectations. Revenue fell 4.5% to £142.4m and store numbers were down 6.7% from the previous year to 251.Sh…