Shoe Station Group Lowers FY2026 Adj EPS Guidance from $1.40-$1.60 to $0.75-$0.90 vs $1.48 Est; Lowers FY2026 Sales Guidance from $1.125B-$1.147B to $1.100B-$1.111B vs $1.127B Est
Shoe Station Group (NASDAQ:SHOE) lowers FY2026 Adj EPS guidance from $1.40-$1.60 to $0.75-$0.90 vs $1.48 analyst estimate. Lowers FY2026 sales outlook from $1.125 billion-$1.147 billion to $1.100 billion-$1.111 billion
Shoe Station Group cut its profit and sales forecasts for next year by nearly half, meaning the company expects to make much less money than it promised before. When a company suddenly drops its outlook this much, it signals the business is struggling more than leaders thought, so watch to see if they explain what went wrong.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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