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Pin to quick picksShoe Zone Share News (SHOE)

Share Price Information for Shoe Zone (SHOE)

London Stock Exchange
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Share Price: 160.00
Bid: 155.00
Ask: 165.00
Change: -10.00 (-5.88%)
Spread: 10.00 (6.452%)
Open: 170.00
High: 163.00
Low: 160.00
Prev. Close: 170.00
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IN BRIEF: Shoe Zone swings to interim profit on good Covid-19 recovery

Tue, 17th May 2022 14:58

Shoe Zone PLC - Leicester, England-based footwear retailer - Swings to a pretax profit of GBP3.1 million in six months to April 2, from a loss of GBP2.6 million a year before. Revenue rises 73% to GBP69.9 million from GBP40.4 million. Attributes this to a good recovery from the pandemic, with higher store revenue, due to fewer restrictions.

Settles outstanding loan and reinstates interim dividend with a payout of 2.5 pence per share. Believes it is in a strong position now.

Current stock price: 151.80 p, down 1.5% on Tuesday

12-month change: more than double from 74.00p

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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