Overview

• Shoe Zone now expects around £2.5 million in adjusted pre-tax profit for the year to September 2025, down from a prior £5 million forecast.
• Shares tumbled roughly 20–24% in early trading following the profit warning.
• Management attributed the forecast cut to increased employer national insurance and national living wage costs coupled with weak consumer spending.
• The company has withdrawn its dividend plan and highlighted that it remains debt-free with cash levels higher than a year ago.
• Shoe Zone confirmed that it will open its 200th new-format store this month as part of its broader strategic rollout.