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Shoe Zone – expectations again proving too pessimistic, and to do so again?

By Steve Moore | Tuesday 26 July 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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?

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