Filing Flows › Shoe Station Group (SHOE) › Q1 FY26
Shoe Station Group (SHOE) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 6, 2025
Shoe Station Group (SHOE) reported revenue of $278M for the first quarter fiscal 2026 (Q1 FY26), -8% from a year earlier and +6% from the quarter before. Operating margin was 4.3%, net earnings $9.3M (3.4% of revenue).
Shoe Station Group, Q1 FY26: revenue $278M (-8% year over year), operating margin 4.3%, net earnings $9.3M, operating cash flow −$9.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $278M | +6% | -8% |
| Gross profit | $95.8M | +4% | -10% |
| Operating profit | $12.0M | -15% | -47% |
| Net earnings | $9.3M | -36% | -46% |
| Operating cash flow | −$9.6M | -122% | — |
What changed
Revenue was $277.7M in Q1 FY26, down 8% year over year and up 6% from the previous quarter.
Gross margin was 34.5%, down 1.1 points from a year earlier. Operating profit was $12.0M, a 4.3% margin (down 3.2 points year over year). Operating expenses fell 1% while revenue fell 8%. Net earnings were $9.3M, down 46% year over year. The effective tax rate was 28.1%.
Operating cash flow was −$9.6M. Non-cash charges added back $8.3M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $28.9M. Capital expenditures of $13.3M exceeded it, leaving free cash flow of −$23.0M.
Questions
What was Shoe Station Group's revenue in the first quarter fiscal 2026?
Shoe Station Group (SHOE) reported revenue of $278M for the first quarter fiscal 2026 (Q1 FY26), -8% from a year earlier and +6% from the quarter before.
Was Shoe Station Group profitable in the first quarter fiscal 2026?
Operating profit was $12.0M (4.3% of revenue) and net earnings $9.3M.
Source: Shoe Station Group 10-Q on SEC EDGAR.