$SHOE

Williams Trading lowered its price target for Shoe Station Group (NASDAQ:SHOE) to $15.00 from a previous target, citing lower sales and earnings estimates. The stock is currently trading at $12.69, down 46% over the past year. The firm expects sequential improvements in sales and margins, with a 5.5% dividend yield and 12 consecutive years of dividend increases. Shoe Station Group reported disappointing Q2 earnings, missing revenue and EPS estimates, with a significant drop in gross profit margi

Shoe Carnival reported a 690 basis point decline in gross profit margin to 31.9% in Q2, citing lower merchandise margins and higher costs. Inventory reduced by 5% to $426.6M. Net income fell to $6.3M from $19.2M YoY. Management lowered fiscal 2026 guidance, expecting net sales of $1.1B-$1.111B and EPS of $0.32-$0.47. The company plans to focus on localized product strategies and advertising to drive recovery.

Shoe Station Group (SHOE) reported Q2 2026 sales of $284.3M, down from $306.4M YoY. Gross margin fell to 31.9% from 38.8% due to promotions and inventory liquidation. The company reduced its fiscal 2026 sales and EPS guidance. Cash increased to $131.6M, remaining debt-free.

Shoe Station Group (SHOE) stock fell 23.28% after reporting Q2 2026 sales of $284.3M, missing estimates and prior-year figures. The company cut full-year guidance, citing promotional pressures and inventory liquidation. Both retail banners saw sales declines, and leadership transition adds uncertainty. The stock hit a 52-week low of $9.26.

SHOE STATION GROUP INC (SHOE) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 SHOE STATION GROUP REPORTS SECOND QUARTER 2026 RESULTS September 10, 2026 FOR IMMEDIATE RELEASE FORT MILL, S.C. - Shoe Station Group, Inc. (Nasdaq: SHOE) (the “Company”), a leading omnichannel retailer of footwear and accessories for the family, today reported results for

Several major companies, including Oracle, Adobe, and Copart, are set to report earnings on Thursday. Estimates for Oracle include EPS of $1.73 and revenue of $19.13B. Other companies reporting include Macy's, Restoration Hardware, and more, covering sectors like software, retail, and automotive services.

Shoe Carnival said it will permanently close about 24 underperforming stores, expecting 12 to 14 closures in fiscal 2026 and 6 to 10 in fiscal 2027, per its first-quarter 2026 earnings call. It reported Shoe Station net sales growth in fiscal 2025, while comparable-store net sales fell 5.6%. The company operates 426 stores at fiscal 2025 end.

Shoe Station Group appointed Tracy Dick as chief marketing officer effective Aug. 3, reporting to interim CEO Cliff Sifford. According to the company, she will lead brand strategy, customer insights, data and analytics, loyalty and public relations. Shoe Station Group, which trades on Nasdaq as SHOE, operates 420+ stores across both banners.

Shoe Zone plc announced a share buyback programme of its ordinary shares up to about £3.47 million, following an earlier trading update. The company appointed Zeus Capital to execute purchases independently under price limits. The buyback runs until 26 Oct 2026 or until authority is used, with shares held in treasury then cancelled.

Shoe Station (NASDAQ: SHOE), formerly Shoe Carnival (SCVL), rebranded on June 11 and said it will keep both Shoe Carnival and Shoe Station banners. In Q1, net sales fell 2.5% YoY and it reported a $5.6 million net loss. The company is debt-free with $129.3 million cash, plans store closures and dividend growth; shares yield 4.4% and have a $22 median 12-month target.