Footwear retailer Shoe Zone (SHOE) has announced “trading has been stronger than expected… now expects adjusted profit before tax for FY 2022 to be not less than £9.5m”. So what of a current share price move up by 3% to 190p?
Previously writing on footwear retailer Shoe Zone (SHOE), last month with the shares at 80p I concluded that a potential value buy could be argued but that there was outlook uncertainty. Is this cleared up with a further trading update now?...
Previously writing on footwear retailer Shoe Zone (SHOE), in March with the shares at 70p I concluded that I’ll monitor the net cash generation going forward to see if it is recovering to justify that, but currently still only on the watchlist. The shares last closed at 66.5p but are currently 80p on the back of a trading update, so what’s the situation here now?...
Previously writing on footwear retailer Shoe Zone (SHOE), last month I concluded that I continue to consider there is likely future recovery potential from a now 54p per share, £27 million market cap, valuation here but the current balance sheet uncertainty sees this presently only on my watchlist. So what of results now for its year ended 3rd October 2020?...
