Shoe Station Group (SHOE)/b) declared a quarterly cash dividend of
Shoe Station Group (SHOE) reported lower Q2 2026 sales and earnings and cut full-year guidance amid intense promotions.
Net sales fell to $284.3 million from $306.4 million, with comparable store sales down 7.1%. Gross margin declined to 31.9% from 38.8%, pressured by higher promotions and liquidation of aged inventory. Q2 net income dropped to $6.3 million, or $0.23 per diluted share, from $19.2 million, or $0.70 per share. Year-to-date net sales were $555.0 million, down 5.0%, and GAAP EPS was $0.02, with Adjusted EPS of $0.45. Fiscal 2026 guidance now calls for net sales of $1.100–$1.111 billion, GAAP EPS of $0.32–$0.47 and Adjusted EPS of $0.75–$0.90, and gross margin of 32.5–32.7%. The company ended Q2 with $131.6 million in cash and marketable securities and no debt, and saw August comparable sales decline only low single digits.
Shoe Station Group (Nasdaq: SHOE) announced it will release its second quarter 2026 earnings results on Thursday, September 10, 2026, before the market opens. The company will host a conference call at 9:00 a.m. Eastern Time, with a live webcast and a replay available for one year via the Investors section of its website.
Shoe Station Group (Nasdaq: SHOE) has appointed Tracy Dick as Chief Marketing Officer, effective August 3. She will report to Interim President and CEO Cliff Sifford and is tasked with accelerating strategic initiatives to grow the Shoe Station banner and deepen customer engagement at Shoe Carnival.
According to the company, Dick brings more than 20 years of marketing and brand leadership experience across retail, restaurant and B2B sectors, including roles at PetSmart, Jack in the Box and Leslie’s. As CMO, she will oversee brand strategy, customer insights, data and analytics, CRM and loyalty, media, creative, public relations, performance marketing and digital commerce, with a focus on omnichannel experience and long-term growth.