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Shoe Zone cuts full-year profit outlook, shares slide

By Michele Maatouk

Date: Tuesday 21 May 2024

(Sharecast News) - Shoe Zone cut its full-year pre-tax profit forecast on Tuesday due to higher wage bills and supply chain disruptions, as it reported flat interim profits.
In the 26 weeks to 30 March, adjusted pre-tax profit was steady at £2.5m, while revenue ticked up 1.5% to £76.5m.

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