Shoe Zone expects to meet full year profit guidance

Shoe Zone said in its trading update for the 52 week period to September 30, 2017, that the group has traded well in the second half of the year and expects to report revenues of approximately 158 million pounds (208 million dollars), reflecting the continued planned closure of loss making stores. The company added that despite the impact of the foreign exchange headwinds that continued through the second half, the board expects to deliver full year profit before tax broadly in line with expectations.