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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Shoe Zone Plc | LSE:SHOE | London | Ordinary Share | GB00BLTVCF91 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 147.50 | 1,325 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 145.00 | 150.00 | 147.50 | 147.50 | 147.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Footwear-wholesale | 165.66M | 13.22M | 0.2860 | 5.16 | 68.18M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 10:14:54 | O | 951 | 146.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 22/10/2024 | 10:31 | ALNC |  Shoe Zone expects to post fall in annual profit amid weak second-half |
| 22/10/2024 | 06:00 | UK RNS | Shoe Zone PLC Full Year Trading Update |
| 03/7/2024 | 06:00 | UK RNS | Shoe Zone PLC Directors' Dealing |
| 02/7/2024 | 09:24 | ALNC | Shoe Zone shares booted lower as wet weather, rising costs, hit profit |
| 02/7/2024 | 06:00 | UK RNS | Shoe Zone PLC Trading Update |
| 27/6/2024 | 16:42 | ALNC | IN BRIEF: Shoe Zone hit by cyber attack; website remains operational |
| 27/6/2024 | 16:06 | UK RNS | Shoe Zone PLC Notice of cyber security incident |
| 21/5/2024 | 09:58 | ALNC | Shoe Zone shares fall as warns on full-year outlook |
| 21/5/2024 | 06:00 | UK RNS | Shoe Zone PLC Interim Results |
| 13/5/2024 | 16:28 | UK RNS | Shoe Zone PLC Holding(s) in Company |
Shoe Zone (SHOE) Share Charts1 Year Shoe Zone Chart |
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1 Month Shoe Zone Chart |
Intraday Shoe Zone Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 31/10/2024 | 21:56 | SHOE digital sales 100% up year on year. | 2,394 |
| 01/11/2021 | 15:44 | Time for a rebound | 156 |
| 01/8/2021 | 15:43 | Shoe Zone - UK mass market retailer of footwear | 703 |
| 19/2/2021 | 18:02 | please ignore feet wear - just mucking around | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 10:14:55 | 146.50 | 951 | 1,393.22 | O |
| 09:19:44 | 148.50 | 336 | 498.96 | O |
| 09:16:41 | 145.00 | 33 | 47.85 | O |
| 09:16:41 | 150.00 | 5 | 7.50 | O |
| 2024-11-20 14:21:39 | 149.90 | 9 | 13.49 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Shoe Zone Daily Update Shoe Zone Plc is listed in the Footwear-wholesale sector of the London Stock Exchange with ticker SHOE. The last closing price for Shoe Zone was 147.50p.Shoe Zone currently has 46,226,830 shares in issue. The market capitalisation of Shoe Zone is £68,184,574. Shoe Zone has a price to earnings ratio (PE ratio) of 5.16. This morning SHOE shares opened at 147.50p |
Posted at 29/10/2024 21:37 by bareknee Fenners - more importantly, how material to Shoe Zone are the added costs of NI and minimum wage and, if they are material, can they be passed onto consumers to protect margins ?We can do next to nothing about changing govt policy, but we can make a judgement on where to invest. ... and before anyone asks, no I'm not short on Shoe Zone, but I do have a lot less shares than I did 12 months ago. The profit warnings, which were partly blamed on increases in minimum wage which had been signalled months previously, destroyed a lot of the faith I'd previously had in the management here. |
Posted at 29/10/2024 11:17 by fegger The price has been under a lot of pressure recently. When I look at selling I look at the dividends paid since the pandemic.2022/2023 17 pence Based on today price of 142 = 11.97% 2023/2024 17.4 pence Based on today price of 142 = 12.25% Still large holdings over 89% held by family. They will want to continue this income. Could be hit tomorrow by increased NICs. But news is that shipping costs are normalising which will help them. So I havent sold. On balance the income and the tight holding makes the outlook positive enough to hold. |
Posted at 22/10/2024 10:11 by martinmc123 SHOE – Shoezone2* The high Street retailer of low cost footwear issued a pretty soft sounding FY update this morning. Group revenue reduced by 2.7% to £161.3m (FY 2023: £165.7m), store numbers, in line with plan, reduced to 297 (FY 2023: 323), Product margin increased to c.62.8% (FY 2023: 62.1%) and adjusted profit before tax expected to be not less than £9.5m (FY 2023: £16.5m). The first 3 highlights noted were pretty average, PBT down by over 40% is obviously pretty soft and explains why the share price is down 8% so far today. The reason for the profit fall given was due to the weather impacted second half sales performance in conjunction with year-on-year increases in the cost of energy, depreciation, National Living Wage and containers prices in the second half. The Group’s balance sheet softened a ... ...from WealthOracle wealthoracle.co.uk/d |
Posted at 20/9/2024 17:52 by niklol Nice end to the week for Shoe |
Posted at 02/7/2024 06:57 by bountyhunter With so many goods made in China higher container prices will be affecting retailers across the board not just Shoezone. Even if they have to raise prices they will still be the cheapest shoe shop on the High Street as competitors will need to raise their prices as well. |
Posted at 27/6/2024 18:28 by thecroots Shoezone dont store card details:Your privacy and security is our priority and we never release your personal details to any other company for mailing or marketing purposes. When making a purchase from shoezone.com we do collect personal information from you (such as your name, email address, payment address and payment details). This information is held securely and your payment details are not stored by us. Shoe Zone complies with all applicable Data Protection and consumer legislation. Rest assured your information is always treated as being fully confidential and subject to a range of appropriate technical and organisational safeguards at all times. shoezone.com uses SSL encryption technology, the most advanced and secure way to process online transactions. You can tell whether a page is secure as "https" will replace "http" at the front of shoezone.com in your browser and a small padlock will also appear. If ever you have any concerns about the security of our site, please do not proceed with your transaction but contact us to make us aware of the issue. |
Posted at 30/5/2024 12:17 by petersinthemarket Reminder from my notes:4 March 2024 STimes: tipped SHOE, arguing that the business was set to continue benefitting from the cost of living crisis. Sales at the discount chain's 329 shops had jumped by 39% over the preceding 2yrs. Reviews for its footwear on Amazon.com were glowing, she said. SHOE was also tinkering with its structure, shifting from small high street shops to bigger sites at retail parks and digital sales. The company had also cut the total number of stores. It was highly cash-generative with £16.4m of net cash. CEO Anthony Smith and his brother own 58% of the shares so the management have a clear interest in seeing shares rise. The company's free-float is only 32%. As the Liberum analyst Wayne Brown wrote this week: Consumers are actively seeking value for money, spending less per transaction and spending more on lower-priced products. SHOE will benefit: buy. |
Posted at 09/1/2024 10:39 by davebowler Shoe Zone plc is a nomad and broker client of ZeusFY23 Results FY23 performance is in line with estimates and reflects solid trading and strong cost control. FY23E revenue +6.1% YOY and Adj. PBT +48% to £16.5m, almost double the £8.5m FY23E Adj. PBT we forecast a year ago following 4 consecutive upgrades over 2023. Net cash of £16.4m is after a total of £26.7m in capex, dividends and share buybacks, demonstrating the strongly cash generative nature of the Group. This is reflected in the announcement of a 6.0p special dividend, taking full year DPS to 17.4p, equating to a 7.7% yield. Trading at just 0.5x EV/Sales, 4.3x EV/EBITDA on an ex-cash PE of 7.9x, Shoe Zone remains a compelling buy. ¨ FY23 Results: FY23 performance was well flagged in a year end trading statement issued 17 October. Revenue of £165.7m is +6.1% YOY, with growth across Stores, +3.9% to £134.8m (FY22: £129.8m) and Digital, +17.0% to £30.9m (FY22: £26.4m). Product margin improved 110bps to 62.3% (FY22: 61.2%), benefitting from the reduction in container prices realised in the second half of the year. Adj. PBT of £16.5m is +47.6% YOY (FY22: £11.2m), coming in at almost double our original £8.5m forecast set in January 2023. Adj. EPS of 27.6p +53.1%, benefitting from the share buyback. Year-end net cash of £16.4m is after investing £11.4m in capital expenditure, £7.1m in share buybacks and £8.2m in dividend distributions paid during the year, reflecting the highly cash generative nature of the Group’s operating model. ¨ Significant shareholder returns: Shoe Zone has proposed a final dividend of 8.9p, 11% above our 8.0p estimate, as well as a special dividend of 6.0p. This gives a total FY23 dividend of 17.4p (65% above our FY23 DPS estimate of 10.5p), an effective yield of 7.7% at last night’s closing price. This is in addition to £7.1m in share buybacks executed in FY23. ¨ Continued progress on property transformation: Shoe Zone ended the period with 323 stores, having closed 72 and opened 35 new stores during the year. Its property refit and relocation programme will see total stores reduce to c.300 sites (targeting 100 Big Box sites, 200 Hybrid sites) but with average store sizes increasing and retail sq. footage remaining stable. Larger format stores improve productivity and increase product range through third party brands. The Group negotiates all property terms in house. Average lease length of 2.2 years means it has significant flexibility in its store footprint. Property supply continues to outstrip demand delivering material rent reductions; the Group achieved rent reductions on 53 store renewals totalling £0.7m in the year, an annualised saving of 31%. ¨ Forecasts: Our FY24E forecasts are unchanged, forecast net cash moves lower due to the announced 6.0p special dividend which will be paid during FY24E. We introduce FY25E estimates, based on what we believe to be conservative assumptions. FY25E revenue of £174.6m implies conservative growth of 3.3%, whilst FY25E adj. PBT of £14.8m reflects the impact of meaningful cost increases in National Living Wage and energy expenses over FY24E and FY25E. See exhibits 5 & 6 for more detail. ¨ Investment case: Shoe Zone’s resilient FY23 performance reflects the strength of its market position as a value retailer in the relatively non-discretionary category of footwear as well as strong cost control, driving material improvement in profitability. Its valuation continues to appear undemanding at FY24E EV/sales of 0.5x, EV/EBITDA of 4.3x, ex-cash PE of 7.9x and prospective yield of 4.4%. Based on what we believe are conservative growth and cost assumptions, it remains a compelling buy at these levels. |
Posted at 15/9/2022 10:18 by someuwin Zeus note out Today...Shoe Zone plc SHOE LN – General Retail Strides ahead Our recent site visit has reaffirmed our conviction that SHOE is one of the most resilient and attractive consumer stocks on the market. * Resilient market position: As a leading value footwear retailer, we believe SHOE is well positioned to capture share as consumers seek affordable alternatives in response to ongoing inflationary pressures. Several high street competitors have exited the market (Arcadia Group, Debenhams) with Tesco recently withdrawing part of its footwear offer further strengthening the Group’s market position. * Property transformation will drive productivity: SHOE is in the process of migrating its store estate from its legacy network of small high street stores into new, larger-format stores including ‘Hybrid’ stores located in town centres but offering c.2.0x the space of a typical legacy store, and out of town ‘Big Box’ stores located on retail parks (2.5x larger). Store transformation should improve productivity and drive contribution margin accretion. The Group’s Leicester head office and warehouse is also well invested, and we believe capable of supporting revenues of up to £250m with minimal additional investment required. * Low product risk, robust supply chain: The Group’s core Shoe Zone product range of 300 styles across men’s, women’s, and children’s is focused on timeless styles in popular colourways, with ranges ordered in high volume (typically 15,000 pairs per style) and able to be carried over from season to season. Categories such as school shoes, safety footwear and slippers provide a degree of dependable demand. This means there is minimal inventory risk and low levels of sale mark down activity, reflected in its resilient product margin at 61.4% (FY21: 61.3%). * Expanding product range & demographic reach: Larger format stores enable the Group to extend in-store product range from the core 300 Shoe Zone styles with additional brands (475 to 600 styles in Hybrid stores, 675 styles in Big Box stores), adding higher priced products and appealing to a broader consumer demographic. Its shoehub ecommerce platform extends this even further, with >3,000 styles across more than 135 brands. * Complementary hybrid model with low return rates: SHOE’s ecommerce platform shoehub has grown rapidly through COVID, contributing c.15% of FY22 revenue. Unlike other ecommerce businesses product returns rates are incredibly low at 11.3% (having normalised from COVID lows of 8.4%) and the Group’s hybrid model means reverse logistics are exceptionally efficient, with 70% of online returns transacted in store with nominal incremental cost to the business. * Debt free, cash generative: SHOE is debt free, with £13.9m net cash on 2 April 2022. It offers an attractive dividend yield of 3.7% based on a modest 40% pay-out ratio alongside its current share buyback programme and scope for future special dividends to distribute excess. * Strong management team: It is impossible to be anything other than impressed by management’s detailed and in-depth knowledge of all parts of the business reflecting longstanding relationships and meaningful personal investment. * Compelling valuation: Despite a marked recovery in share price from COVID lows, SHOE trades at just 10.8x FY22E PE. Current trading momentum, combined with self-driven store transformation suggests strong upside to trading over the medium term. A robust cash-backed balance sheet underpins an attractive dividend yield, supplemented by share buybacks and scope for future special dividends to return excess cash to shareholders. |
Posted at 19/1/2022 17:35 by tole https://www.fool.co. |
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