SHOE

Shoe Zone Plc

212.50
0.00 (0.0%)
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 0.0% 212.50 18,170 08:00:00
Bid Price Offer Price High Price Low Price Open Price
210.00 215.00 212.50 212.50 212.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Footwear-wholesale 156.16 10.85 - 9.70 106.25
Last Trade Time Trade Type Trade Size Trade Price Currency
10:31:19 O 100 215.00 GBX

Shoe Zone (SHOE) Latest News

Shoe Zone (SHOE) Discussions and Chat

Shoe Zone Forums and Chat

Date Time Title Posts
19/5/202307:34SHOE digital sales 100% up year on year.2,039
01/11/202115:44Time for a rebound156
01/8/202116:43Shoe Zone - UK mass market retailer of footwear703
19/2/202118:02please ignore feet wear - just mucking around-

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Shoe Zone (SHOE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:31:20215.00100215.00O
09:16:06210.0548.40O
09:06:07213.0012.13O
09:04:02213.00150319.50O
08:55:27213.00714.91O

Shoe Zone (SHOE) Top Chat Posts

Top Posts
Posted at 16/5/2023 15:01 by edmundshaw
Container shipping times from China are 1 to 2 months, then there is movement in the UK and China and advance booking, and finally time to sell product. You do not get instant price drops from a drop in container freight rates...
Posted at 11/5/2023 20:00 by someuwin
Prior to 13/3/2023 the issued share capital of the company was 49,000,000

On 13/03/2023 they cancelled 500,000 shares. So the issued share capital = 48,500,000

Today they Cancelled another 500,000, so issued share capital now = 48,000,000

This means that in just two months of buybacks all future dividends will be boosted by 2% (all else being equal)

These weren't the first share cancellations they've done, and hopefully won't be the last (at the final results in January they stated "The buy-back programme will continue for the foreseeable future.") - One of the many reasons this is such a good long term hold!

Posted at 11/5/2023 17:05 by bountyhunter
Good, if they held those bought back shares in treasury that would probably equate to money for the boys in covering future share options.

There will be less shares now to pay future dividends on which is good news.

Posted at 31/3/2023 10:42 by bountyhunter
but the share price hasn't crashed here
Posted at 05/11/2022 19:13 by bountyhunter
Very likely, who wouldn't buy shoes at ShoeZone at a fraction of the cost of Clark's, even branded shoes are at a discount. Clarks is like the Clinton Cards of the shoe world whereas ShoeZone is like CardFactory (without the debt).

I bought some branded trekking shoes recently from ShoeZone online expecting to have to take them back to the nearest shop given the difficulties of choosing online, but they surpassed my expectations and so I've kept them. £5 off for the first order.

Posted at 15/9/2022 11:18 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 04/9/2022 18:26 by forthelongterm
My thinking is that they have so much cash they will have either to give a large dividend or share buyback. A large dividend will give money to other shareholders. Share buybacks give them an increase in percentage of the company. I wonder if that is why they have a put a limit on the share price for the buybacks. This prevents overpaying as the buyback raises share price. Only some thoughts though
Posted at 19/1/2022 17:35 by tole
https://www.fool.co.uk/2022/01/19/1-surging-former-penny-stock-to-buy-in-2022/1 surging former penny stock to buy in 2022!Jabran Khan | Wednesday, 19th January, 2022 | More on: SHOEBritish Pennies on a Pound Note Image source: Getty ImagesPenny stocks are often seen as risky investments. I like to look for these small-cap contrarian options for my holdings. One could be a diamond in the rough and offer me lucrative returns in the longer term. Here's one pick I would add to my portfolio today.Former penny stock on the riseThe Shoe Zone (LSE:SHOE) share price has been surging recently. As I write, the shares are trading for 1,42p. At time last year, the shares were very much in the penny stock category, trading for 51p. A return of 178% over 12 months is impressive.Shoe Zone is a men's, women's, and children's shoe retailer with over 500 stores in the UK and Ireland, and employs 4,000 people. In light of the recent e-commerce boom, it also has an online store and offering which is vital to success due to the changing shopping habits of consumers as well as evolving technology.Why I like Shoe ZoneRetail and the high street have taken a beating over the past few years. Online disruptors to the retail market coupled with more choice have placed pressure on bricks-and-mortar retail. The tide seems to be turning somewhat, however. Recent economic conditions such as rising inflation and energy costs as well as the pandemic has placed pressure on the wallets of many households. Budget retailers like Shoe Zone seem to benefiting. Shoe Zone's extensive store presence coupled with its online offering provide it with a good platform from which to reap the rewards of the need for budget footwear.Shoe Zone's performance recently and historically has been promising. I do understand past performance is not a guarantee of any future performance, however. Looking back, revenue increased year on year for three years prior to the pandemic affecting 2020 results. Most recent audited full-year results were released earlier this month. Before the audited results were released, the initial update in October caused the share price to surge and the Shoe Zone share price to surpass penny stock levels. Revenue was very close to 2020 levels which is encouraging due to 2020 trading being disrupted. Tellingly, online revenue increased substantially compared to 2020 levels. 2020 was a loss-making year whereas in 2021, Shoe Zone recorded a £14m profit. A big bonus for me as a potential investor is the company is debt free.Risks and final thoughtsThe biggest threat to Shoe Zone's progress in 2022 and beyond is that of the pandemic. Many of its stores were closed when restrictions were tightened earlier in the pandemic. With the threat of new variants and fresh restrictions still lingering, this could impact the balance sheet and share price performance.Overall I think Shoe Zone could be a good addition to my holdings and I would buy shares today. I wish I had bought them sooner when they were still a penny stock. I expect trading in the months ahead to be excellent, barring any restrictions, and would not be surprised to see 2022 results surpass 2021 and pre-pandemic results. At current levels, the shares look cheap too with a price-to-earnings ratio of just 10.
Posted at 19/11/2021 18:01 by tole
https://www.fool.co.uk/2021/11/19/shoe-zone-shoe-is-a-value-stock-thats-surging/Shoe Zone (SHOE) is a value stock that's surging!Dan Appleby, CFA | Friday, 19th November, 2021 | More on: SHOEHands of woman with many shopping bags Image source: Getty ImagesThe pandemic was tough for most businesses, although I think the retail sector suffered more than most. When the government shut down the economy to contain the virus, the high street was deserted, and footwear wasn't even a popular category online for stuck-at-home consumers. Shoe Zone (LSE: SHOE) is a company that had to bear the brunt of this.Unfortunately for my portfolio, I held the stock heading into the pandemic. The returns weren't pretty. The share price crashed over 80% from its peak, and the dividend was stopped too.But I held the shares throughout, and still do today. Recently, the price has been recovering, and rallied again this week.Let's see if I should carry on holding the stock. The businessShoe Zone is a footwear retailer, selling shoes for all ages from over 400 stores nationwide. It sells over 16m pairs of shoes each year with an average retail price of £10. It's a budget place to pick up footwear, depending on high sales volumes to generate profit.sWhat went wrongIt's easy to see why the business suffered because of the pandemic. When shops were closed, Shoe Zone was not able to sell its footwear in anywhere near the volumes it needed to turn a profit. Across the 12-month period ending in October 2020, sales declined 24% to £122.6m, but profit plunged from £6.7m to a loss of £14.6m.The business also didn't have a good online presence, relying heavily on its network of stores. Digital revenue did increase by 82% over the lockdown period, but still only came in at £19.3m.What's going rightThe share price is up a huge 200% since the pandemic low, so things must be looking brighter. At the time of writing the share price is 110p, but this remains under 180p which is where the price was before the March 2020 drop.Recently, trading has been looking much better. The company issued two full-year updates in October and November, with the first saying profit before tax will be at least £6.5m. Considering the profit before tax in the fiscal year to 2019 was £6.7m, this is a good result. What's even better is that digital revenue has grown again by 58.5%, and now represents almost 26% of total sales. This diversifies the business if another lockdown happens simply in the 'new normal' where shoppers are going online more often.In the November update, Shoe Zone said profit before tax is now expected to be in the range of £9m to £10m (but with some favourable currency movements and lower pension contributions helping). That's a great result, and shows that the business is really picking up again.The shares are on a price-to-earnings ratio of 9, which I consider value territory.Looking aheadHolding shares of Shoe Zone has been difficult over the pandemic, but things appear to be turning around. I also like the fact that the CEO and chairman own over 24% of the company, so their interests are aligned with shareholders.I'm still cautious about the recovery though. Any further lockdown or disruption will severely impact the business, but the increase in digital sales does mitigate this to some degree. I'm going to keep holding the shares for now.
Posted at 13/10/2021 20:14 by tole
https://www.fool.co.uk/investing/2021/10/13/the-shoe-zone-share-price-spikes-after-positive-fy-results/The Shoe Zone share price spikes after positive FY results!Jabran Khan | Wednesday, 13th October, 2021 | More on: SHOEA stock price graph showing growth over time, possibly in FTSE 100 Image source: Getty Images.Shoe Zone (LSE:SHOE) released full-year results for the 52 weeks to 2 October 2021 this morning. The Shoe Zone share price spiked after the results were announced.Shoe Zone share price spikes after results announcedThe demise of bricks-and-mortar retail has been well documented in recent times as online disruptors dominate the market. Booming inflation has affected consumer confidence. Inflation and the rising cost of living has pushed consumers to look for more bang for their buck. I have written about other retailers who still continue to do well, however.Shoe Zone is a budget shoe retailer with over 400 retail stores and an online presence too. The Shoe Zone share price rose by 25% this morning to 80p as I write. At this time last year, shares were trading for 45p, which is a 77% return.Positive full-year resultsShoe Zone reported that revenue had actually fallen to £119.1m compared to FY 2020 levels of £122.6m. This was partly due to retail stores being open less compared to previous years as a result of restrictions. Digital revenue grew substantially to £30.6m, an increase of 58.5% compared to FY 2020 and 188% on FY 2019. Net cash increased to £14.2m, up from £6.3m in 2020. Profit before tax is expected to be no less than £6.5m. It also confirmed an intention to restart its dividend payments, which will please potential and current investors alike.Shoe Zone's growth in digital revenue is worth noting. It is moving with the times as well as maintaining its retail presence. It also plenty of cash reserves and no debt on the books.
Shoe Zone share price data is direct from the London Stock Exchange
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