Shoe Zone PLC (SHOE.L) on Monday reported a wider loss for the first half of fiscal 2026 as revenue declined.
Further, the UK-based footwear retailer maintained its recently updated fiscal 2026 outlook of adjusted loss before tax of between 1.0 million pounds and 2.0 million pounds. The outlook was reduced in late April from previous view of adjusted profit before tax of 1.0 million pounds.
For the 26 weeks to March 28, loss before tax widened to 5.31 million pounds from loss of 2.26 million pounds last year.
Loss per share was 11.5 pence, compared to loss of 4.90 pence in the previous year.
Revenue dropped to 62.93 million pounds from 71.49 million pounds a year earlier.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.