Shoe Station Group posts transcript of fiscal 2026 second-quarter earnings call
SHOE•Quarterly results
Q2 net sales fell 7.2% to $284.3 million; comparable store sales were down 7.1%; and gross margin slid 690 basis points to 31.9%.
Management blamed misaligned localized assortments, accelerated inventory liquidation, and heavier promotions; conversion improved but traffic fell.
Earnings call and updated outlook
Shoe Station Group held its fiscal Q2 2026 earnings call with Interim President, CEO and Vice Chairman Clifton E. Sifford, CFO W. Kerry Jackson, COO Marc A. Chilton, and CMO Tanya E. Gordon.
Guidance was cut; net sales are now seen at $1.1 billion-$1.11 billion, GAAP EPS at $0.32-$0.47, and adjusted EPS at $0.75-$0.90.
Inventory, cash and recent trends
Inventory ended at $426.6 million, down 5%; cash was $131.6 million; and the company had no debt. Inventory reduction target is about $50 million.
August comparable sales improved to down ; management expected Q3 to be roughly flat, with improvement tied to cooler weather boosting boots.
