Shoe Zone Reports Revenue Decline Amid Store Closures and Weak Consumer Confidence

An update from Shoe Zone ( (GB:SHOE) ) is now available.

Shoe Zone PLC reported a 6.5% decline in total revenue to £71.5 million for the first half of 2025, attributed to the closure of 31 stores. Despite this, digital revenue saw a 6.4% increase, driven by enhancements such as free next day delivery. The company faced a loss before tax of £2.3 million, contrasting with a profit in the previous year, due to weak consumer confidence and unseasonal weather. Shoe Zone is continuing its strategy to convert stores to a new format and expand its digital offerings, aiming for a total of 260 stores. The company has also revised its full-year profit forecast down to £5.0 million, reflecting ongoing challenging trading conditions.

Spark’s Take on GB:SHOE Stock

According to Spark, TipRanks’ AI Analyst, GB:SHOE is a Outperform.

Shoe Zone’s overall stock score reflects a combination of solid valuation, positive corporate events, and stable yet challenged financial performance. Despite a decline in revenue and profitability, the company’s strong dividend yield and low P/E ratio suggest undervaluation. The corporate events highlight strong shareholder confidence, providing a positive outlook. However, caution is warranted due to mixed technical indicators and declining cash flow generation.

To see Spark’s full report on GB:SHOE stock, click here.

More about Shoe Zone

Shoe Zone PLC operates in the retail industry, specializing in the sale of footwear through both physical stores and digital platforms. The company focuses on offering affordable shoes and has been working on expanding its digital presence while optimizing its store formats.

Average Trading Volume: 23,131

Technical Sentiment Signal: Sell

Current Market Cap: £52.01M

For an in-depth examination of SHOE stock, go to TipRanks’ Stock Analysis page.