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Shoe Station Group Reports Decline in Revenue and Comparable Store Sales, Along with Sharp Drop in Earnings Estimates

Zacks +1 ·

SHOE
SHOE Shoe Station Group Inc
$12.75 -2.37%
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  1. 1Shoe Station Group Inc. recorded a 7.2% decrease in revenue compared to the previous year.
  2. 2Shoe Station Group Inc. saw a 7.1% decline in comparable store sales for the recent quarter.
  3. 3Shoe Station Group Inc. experienced a 43.3% plunge in earnings estimates for the current year over the past 60 days.

So what's the key point?

Shoe Station Group Inc. revenue decreased by 7.2%. Experts have also significantly lowered their earnings expectations for the company.

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